Latest from Krisztian Sandor
Market Wrap: Cryptos Extend Losses as LUNA Plunges
Bitcoin declined by as much as 6% over the past 24 hours, as LUNA dropped 96% and SOL fell 30%.
Crisis in Terra's UST Stablecoin Spreads to Neutrino USD on Waves Protocol
Algorithmic stablecoins are under pressure after Terra's UST lost its $1 peg.
UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg
Luna Foundation Guard buying billions of dollars in bitcoin without an infrastructure ready to deploy left Terra’s UST vulnerable to a “Soros-style attack,” an analyst said.
Market Wrap: Altcoins Outperform as Bitcoin Stabilizes Around $30K
BTC rose by 4% over the past 24 hours, compared with a 19% rally in MATIC.
Investors Flee Terra’s Anchor as UST Stablecoin Repeatedly Loses $1 Peg
Deposits on the Anchor protocol plunged below $9 billion from $14 billion since Friday after Terra’s stablecoin, UST, struggles to recover to $1. ANC, the protocol’s token, fell 35% during the day.
Market Wrap: Cryptos, Stocks Tumble Amid Extreme Bearish Sentiment
BTC dropped by as much as 11% over the past 24 hours while several altcoins underperformed.
Bitcoin Funds Had Surprise Inflows as Markets Plunged
Some $45 million flowed into these funds in the week through May 6. Investors apparently bought the market dip.
Crypto Mortgages: How You Can Buy a House Using a Crypto-Backed Loan
Digital asset-backed mortgages let house buyers use their crypto holdings as collateral.
'Revolution' Promised by Tron's Justin Sun Looks Like Clone of Terra's Algorithmic Stablecoin
Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST. It has lofty goals for USDD, but not much else.
How to Spend Your Crypto Using Bitrefill’s Gift Card Platform
With Bitrefill, you can virtually pay for anything with cryptocurrencies through gift cards. Here’s how it works. This piece is part of CoinDesk's Payments Week.
