Terra
Swan Bitcoin CEO: Terra Was a 'Ponzi Scheme'
Swan Bitcoin CEO Cory Klippsten discusses why he's "not surprised" about the collapse of Terra's UST and LUNA, saying "their whole scheme was a ponzi scheme." Plus, his take on the whereabouts of Terra's bitcoin reserves.
Terraform's Legal Team Quits Amid Terra Stablecoin Fallout
Marc Goldich, Lawrence Florio and Noah Axler left the Terra ecosystem backer in May, according to their LinkedIn profiles.
How Capitol Hill is Reacting to Terra’s Collapse
Ron Hammond, director of government relations at The Blockchain Association, one of the crypto industry’s largest lobbying groups, discusses how Capitol Hill is reacting to the implosion of Terra’s algorithmic stablecoin UST, and why it might not be a popular topic among U.S. lawmakers.
Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin
Terra fiasco weighs on South Korean P2E projects. Do Kwon proposes Terra fork, ditching UST. Singapore’s Temasek says it doesn’t own Bitcoin, but is getting ready for tokenized assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Americas: Bitcoin Retakes $30K as 'Institutional Adoption' Makes Crypto More Like Stocks
The latest moves in crypto markets in context for May 17, 2022.
Terra’s LUNA Gains, Then Slides, After Do Kwon's Fork Proposal
Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week’s implosion of UST.
Circle’s Jeremy Allaire on Regulating Stablecoins
In the wake of Terra’s UST stablecoin failure, Jeremy Allaire of Circle, the company behind the USDC stablecoin, says that having a national policy to regulate crypto is “a good idea.” In this discussion with “Money Reimagined” host Michael Casey, Allaire explained the U.S. regulation that he thinks is and is not likely to happen.
Bitcoin’s Next Move After First 7-Week Losing Streak in History
CrossTower Global Head of Trading Pratik Shah discusses what could be in store for bitcoin as it closed in the red for seven consecutive weeks for the first time in history. “We see this as a corrective phase in a broader and a structural trend higher in bitcoin,” Shah said.
