Articles

Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23

It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research Service described the UST crash as a “run-like” scenario and claimed that the crypto industry has not reached the same level of “adequate regulating” as the traditional finance market. …

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Layer-2 adoption could spur the next crypto turning point

A mysterious Redditor has made a target=”_blank” rel=”noopener nofollow”>post explains that “We’re at a turning point” where the industry is moving away from bridging between L1 blockchains towards L2’s which are “right out of the gate, more secure and decentralized than alt-L1s and are built to use sound money on a credibly neutral platform.” “L2 …

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The Terra (LUNA) Collapse: 4 Lessons To Be Learned (Opinion)

As the stormy waters recede from this month’s crypto market bloodbath, one blockchain network has been washed ashore dead: Terra. The network’s co-founder, Do Kwon, has forfeited any attempt at restoring the current chain to its former glory. He’s now advocating to hard fork and start anew with a different cryptocurrency – a highly questionable …

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LUNA Investors ‘Suicidal’ After Crypto’s Collapse – Do Kwon Says He’s ‘Heartbroken’

Do Kwon, the creator of defunct cryptocurrencies TerraUSD and LUNA, is now the subject of criticism and investigation after the failure of his enterprise sparked a significant market-wide catastrophe this week. The founder of the tokens is known for his active social media campaign; nevertheless, he has been uncharacteristically silent over the past few days …

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Should Facebook And Other Social Media Platforms Focus on Bitcoin?

Former Twitter CEO Jack Dorsey had some harsh words for Diem, Meta’s cryptocurrency project. In a recent interview, Dorsey told MicroStrategy CEO Michael Saylor that Meta (Social Media) CEO Mark Zuckerberg should have focused on the Bitcoin ecosystem rather than the stable coin project. The intention was for Diem to be a stablecoin backed by …

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Why Tesla Wants a Connection between Bitcoin Mine and Solar Energy

Tesla will build a solar and Megapack energy farm in collaboration with Blockstream and Jack Dorsey’s Blocks. In addition, it will power a new Bitcoin mining facility (formerly Square). Tesla invested $1.5 billion in Bitcoin at the beginning of 2021. Almost immediately after that, the car company began accepting cryptocurrency as payment for new vehicles. …

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