Russia’s central bank opposes ‘overly risky’ private stablecoins
The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user, and there’s no guarantee of redemption.
Latest UST News
G20 financial watchdog to propose digital asset regulations in October
The Financial Stability Board has stayed away from the industry but says the recent Terra debacle has made it rethink its stand as it called for strict oversight over Bitcoin.
US court freezes Three Arrows Capital assets and approves subpoenas for founders
The order was made in response to an emergency motion by liquidators, who say that 3AC’s founders—Su Zhu and Kyle Davies—have been uncooperative.
US, South Korea agree to share investigation data related to Terra collapse
South Korea has agreed with the United States to share digital asset crime investigation data and make joint efforts to investigate entities and persons connected to the collapsed Terra blockchain.
Is it the end of the era? Or just the end of the latest pump cycle?
Looking around now at the constant stream of insolvencies cropping up in the industry, it is clear that we are facing a contagion story that is almost as big as the mortgage crisis of 2008.
Will the ‘crypto winter’ turn to spring?
In a recent interview with eCarbon CEO Joshua Fernando, we discussed the what, when, and hows of the digital currency crash and when will the 'crypto' winter end.
Three Arrows Capital sinks, sucking down cash and investors alike
Digital asset hedge fund Three Arrows Capital, which had been around since 2012, now appears to be dragging other industry names into its whirlpool.
Digital currency crash: What happens next?
The best way to prepare for the further decline in the digital asset markets is to manage risk. Selling is good too, especially if you know that you can buy back at a lower price in the future.
Joshua Henslee: There’s systemic risk in the digital currency industry
Joshua Henslee released a video explaining how he sees wider systemic risk in the digital currency sector and how this might be the moment when the house of cards finally comes down.
BTC is down more than BSV year-to-date
If you bought BTC on January 1, 2022, you would be down roughly 60% on your initial investment, while if you bought BSV, you would be down approximately 50% on your initial investment.
Medium-term market predictions
CoinGeek's Patrick Thompson looks at how the speculative era is inching to an end following the recent events in Bitcoin that have had a domino effect on the broader digital assets market.
BIS to create a digital currency market intelligence platform in wake of market collapse
According to the BIS, the need for the project is due to "the collapse of many stablecoins and decentralized finance (DeFi) lending platforms."