Macroeconomist calls business models of most altcoins unsustainable

May 25, 2022

Macroeconomist calls business models of most altcoins unsustainable

Lyn Alden also noted that the UST stablecoin attracted investors with its high yield, but could not be used as a means of payment

South Korean police suspected Terra of embezzling investors’ funds

May 24, 2022

South Korean police suspected Terra of embezzling investors’ funds

The law enforcers have asked the exchanges to freeze the corporate assets of the Luna Foundation Guard, an organization created to support the TerraUSD stablecoin

The weekly outflow of funds from crypto funds amounted to $141 million

May 23, 2022

The weekly outflow of funds from crypto funds amounted to $141 million

The total amount of assets under management is $38 billion, which is the lowest since July 2021

ECB chief executive said about the lack of cryptocurrency collateral

May 23, 2022

ECB chief executive said about the lack of cryptocurrency collateral

According to Christine Lagarde, the sphere of digital assets needs to be regulated to protect investors from speculation

Bill Gates explained his reluctance to buy cryptocurrency

May 20, 2022

Bill Gates explained his reluctance to buy cryptocurrency

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

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

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

Singapore court barred sale of token from the BAYC collection

May 20, 2022

Singapore court barred sale of token from the BAYC collection

The OpenSea trading platform has disabled the trading of BAYC token #2162 due to an ownership dispute

Pantera Capital explained the benefits of a bear crypto market

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

Jack Dorsey called bitcoin the only candidate for Internet money

May 19, 2022

Jack Dorsey called bitcoin the only candidate for Internet money

According to Block’s head, BTC is evolving deliberately, maintaining the attributes of a means of storing and transferring value

Media: Hashed venture fund lost more than $3,5 billion in unrealized profits to Terra’s collapse

May 19, 2022

Media: Hashed venture fund lost more than $3,5 billion in unrealized profits to Terra’s collapse

The company was one of the first investors in the project in 2021

Galaxy Digital CEO called the reason for Terra’s collapse

May 19, 2022

Galaxy Digital CEO called the reason for Terra’s collapse

Mike Novogratz sees the incident as a consequence of the macroeconomic situation

​Goldman Sachs called the condition for the success of algorithmic stablecoins

May 18, 2022

​Goldman Sachs called the condition for the success of algorithmic stablecoins

The bank’s analysts noted that if assets have no limitations on their use as a means of payment, it would create a stable base demand