Market

May 23, 2022

Avalanche Foundation lost $60 million due to Terra’s collapse

The head of Ava Labs compared the collapse of the project to the hacking of the Mt. Gox crypto exchange in 2014

May 22, 2022

How Terra developers could have saved the project. Binance’s head opinion

Changpeng Zhao believes that the team should have used reserves when the UST stablecoin rate deviated from the dollar by 5%

May 22, 2022

Bank of America called the reason for Terra’s collapse

According to the bank’s analysts, the project team was focused on adopting the UST stablecoin rather than maintaining its rate

May 21, 2022

Tether co-founder called the impact of Terra’s collapse on the crypto market insignificant

In this, Brock Pierce warned investors against putting too much trust in other new projects

May 20, 2022

Bill Gates explained his reluctance to buy cryptocurrency

According to the entrepreneur, digital assets do not benefit society like other investments

May 20, 2022

SEC chief predicted the collapse of most digital assets’ rates by analogy with Terra

According to Gary Gensler, crypto traders should be prepared for other coins to drop to almost zero

May 20, 2022

Goldman Sachs said the crypto market crash has little impact on the US economy

According to a bank study, only 0,3% of Americans have any digital asset

May 20, 2022

Tether CTO called the UST stablecoin a poorly designed “castle of cards”

Paolo Ardoino attributes another reason for the collapse of the project to the arrogance of the head of Terraform Labs, Do Kwon

May 20, 2022

Robert Kiyosaki allowed the possibility of the bitcoin price to collapse to $9 000

In this, the writer has said that he is still positive about the future of the first cryptocurrency in the long term

May 20, 2022

Pantera Capital explained the benefits of a bear crypto market

According to the fund’s partner, this is a time for entrepreneurs to raise capital and for investors to invest in shares at favorable valuations

May 20, 2022

“They killed LUNA.” Celsius CEO called the new victim of the “Sharks of Wall Street”

Alex Mashinsky believes that short traders are responsible for the collapse of UST and USDT, as well as the CEL token

May 20, 2022

The development of the situation with Terra and the extreme fear in the crypto market. Key events of the week

The most important industry news and a detailed analysis of digital assets in the weekly review of Getblock Magazine

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