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.
Latest UST News
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."
South Korea imposes departure ban on Terraform Labs employees
The move is to ensure Terraform employees are available for the ongoing investigation of the crash of the blockchain's LUNA and UST tokens.
Digital currency is crashing again—Why? Joshua Henslee shares his thoughts
Joshua Henslee released a video sharing his thoughts on why a second major crash in the digital currency sector is happening and why he thinks we’re entering a longer-term bear market.
SEC launches probe into insider trading at major American exchange following UST/LUNA crash
The U.S. securities regulator has sent a letter of inquiry to an unnamed major exchange requiring information on how it protects its users from insider trading on its network.
Binance.US faces class-action lawsuit over UST, LUNA promotion and sale
Over 2,000 investors have signed up for the lawsuit, which accuses Binance of employing a market strategy of misleading as many investors as quickly as possible.
South Korean exchanges team up to prevent another Terra-like crash
Five of the country's top exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax, have agreed to form a joint council to work on investor protection rules autonomously.
New York Department of Financial Services releases stablecoin guidance
The DFS says the guidance should act as the baseline set of requirements that companies within New York State that have either issued, or would like to issue, dollar-backed stablecoins must follow.
Does Bitcoin really challenge the Western financial system? Kurt Wuckert Jr. talks to Gold Silver Pros
CoinGeek's Chief Bitcoin Historian Kurt Wuckert Jr. recently joined Rob Kientz on Gold Silver Pros to talk about Bitcoin, the digital currency markets, regulations, stablecoins, and much more.
South Korea to launch a Digital Assets Committee in continued reaction to Terra’s collapse
The Digital Assets Committee is an initiative of the ruling People's Power Party as it intends to reorganize and broaden the Special Committee on Virtual Assets created in May as an emergency response to Terra's UST and LUNA tokens' crash.
UK Treasury proposes regulations to protect stablecoin users
Her Majesty's Treasury stated that it recognizes the potential of stablecoins to drive innovation, but noted that they pose a threat to financial stability should systemic failures occur.