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CARDANO'S HOSKINSON SAYS 'BEST-TO-MARKET' CRYPTO COULD HELP AVOID ECONOMIC
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 * NOT JUST TERRA: APECOIN, AVALANCHE, SOLANA, SHIBA INU ALL DOWN AT LEAST 20%
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 * AFTER THE COLLAPSE OF TERRA'S UST, WHAT'S NEXT FOR ALGORITHMIC STABLECOINS?
   
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 * 'FIRE SALE PRICES': COINBASE CEO ON STOCK'S 87% DECLINE SINCE 2021 DEBUT
   
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WHAT IS TERRA? THE ALGORITHMIC STABLECOIN PROTOCOL EXPLAINED

Terra is a Cosmos-based protocol that powers a suite of algorithmic stablecoins,
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EX SPORTS’ NEW NFT STREET FOOTBALL GAME IS ABOUT MUCH MORE THAN JUST SCORING
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GM, WAGMI, GN: DECRYPT’S ULTIMATE GUIDE TO BITCOIN AND NFT SLANG

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YELLOWHEART IS TRANSFORMING HOW TICKETS ARE ISSUED, SOLD AND EXCHANGED

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MORE INSIGHTS INTO RECENT BLOCKCHAIN NEWS.


 * CRYPTO FIRMS QUICK TO ANNOUNCE NO EXPOSURE TO UST, LUNA
   
   As Terra’s stablecoin, UST, and native token, LUNA, hurtle toward unheard-of
   lows, many in the crypto community are scrambling to assess how far-reaching
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   2 min read
   Sander LutzMay 11, 2022May 11, 2022
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 * GERMANY WON'T TAX BITCOIN, ETHEREUM SOLD AFTER ONE YEAR OF POSSESSION
   
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   on the income tax treatment of cryptocurrencies, as well as other
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   Andrew AsmakovMay 11, 2022May 11, 2022
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 * CRYPTO EXCHANGES ‘TRADING AGAINST THEIR CUSTOMERS,’ SAYS SEC CHAIR GENSLER
   
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   at cryptocurrency exchanges and stablecoins during an interview on Tuesday.
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   2 min read
   Stacy ElliottMay 11, 2022May 11, 2022
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 * 'CRYPTOQUEEN' RUJA IGNATOVA ADDED TO EUROPOL'S MOST WANTED LIST
   
   Dr. Ruja Ignatova, the OneCoin founder who disappeared after allegedly
   fleecing investors out of as much as $5 billion in 2017, was added to
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   Stacy ElliottMay 11, 2022May 11, 2022
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 * AS TERRA’S DOLLAR STABLECOIN UST COLLAPSES, LUNA FALLS 97% TO UNDER $1
   
   In what will surely be a historic week in stablecoin history, Terra’s LUNA,
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   2 min read
   Tim HakkiMay 11, 2022May 11, 2022
   Create an account to save your articles.


 * NEW BANCOR UPDATE GIVES DEFI INVESTORS '100% IMPERMANENT LOSS PROTECTION'
   
   Bancor, an early decentralized finance (DeFi) protocol, announced that its
   much-anticipated protocol update, Bancor 3, is now out of beta and has
   launched on mainnet, bringing with it a host o...
   
   NewsDeFi
   5 min read
   Andrew AsmakovMay 11, 2022May 11, 2022
   Create an account to save your articles.


 * PAN-AFRICAN CRYPTO EXCHANGE MARA LAUNCHES WITH BACKING FROM COINBASE, ALAMEDA
   
   MARA, a pan-African crypto exchange, announced its launch today, alongside a
   $23 million raise from backers including Coinbase Ventures, Alameda Research,
   (FTX) and Distributed Global. The exc...
   
   NewsBusiness
   3 min read
   Alys KeyMay 11, 2022May 11, 2022
   Create an account to save your articles.
 *  
   
   
   TERRAFORM LABS CEO DO KWON OUTLINES TERRA'S PATH FORWARD FOR LUNA, UST
   STABLECOIN
   
   Do Kwon, the founder and CEO of Terraform Labs, has broken his Twitter
   silence to reveal the Terra network's next steps in the wake of this week's
   crash. "I understand the last 72 hours have b...
   
   NewsDeFi
   3 min read
   Liam J. KellyMay 11, 2022May 11, 2022
   Create an account to save your articles.


 * MAKER’S MKR TOKEN SURGES 30% AND STABLECOIN DAI LEAPFROGS UST
   
   Maker’s governance token MKR spiked more than 30% overnight, and its
   stablecoin DAI also benefited from the continued meltdown of Terra’s UST
   stablecoin, which slipped as low as $0.30 in the e...
   
   NewsMarkets
   2 min read
   Tim HakkiMay 11, 2022May 11, 2022
   Create an account to save your articles.


 * CRYPTO ANALYTICS FIRM CHAINALYSIS RAISES $170M AT $8.6B VALUATION
   
   Chainalysis, one of the world's largest crypto and blockchain intelligence
   firms, has reportedly raised $170 million in a Series F funding round led by
   GIC, a Singapore-based sovereign wealth ...
   
   NewsBusiness
   2 min read
   Andrew AsmakovMay 11, 2022May 11, 2022
   Create an account to save your articles.


 * UST STABLECOIN FALLS TO $0.30 OVERNIGHT AS TERRA’S MARKET WOES CONTINUE
   
   The Terra network’s native algorithmic stablecoin TerraUSD (UST) has
   plummeted more than 45% over the past 24 hours.  On Wednesday morning it
   plunged as low as $0.2998, according to data from ...
   
   NewsMarkets
   2 min read
   Liam J. KellyMay 11, 2022May 11, 2022
   Create an account to save your articles.
 * EthereumBitcoin
   
   
   COINBASE EXECS DISMISS TALK OF ROBINHOOD ACQUISITION
   
   Coinbase delivered disappointing results on Tuesday, causing its stock to
   plunge, but top executives suggested on an earnings call that the company has
   no major moves planned—such as acquiring...
   
   NewsBusiness
   3 min read
   Jeff John RobertsMay 11, 2022May 11, 2022
   Create an account to save your articles.


 * TERRA'S LUNA PLUMMETS BY 32% IN ONE HOUR
   
   Terra Network's LUNA price has continued to take a beating today as the Terra
   Network token plummeted 65% in 24 hours. In the last hour of trading alone,
   LUNA fell by 32%—from $22.96 to $16.95...
   
   NewsMarkets
   2 min read
   Jason NelsonMay 10, 2022May 11, 2022
   Create an account to save your articles.
 *  NFT RevolutionEthereum
   
   
   ETHEREUM NFT PRICES BOUNCE BACK AFTER CRYPTO CRASH—BUT AZUKI KEEPS TANKING
   
   Many of the most valuable and in-demand NFT collections saw rapidly declining
   price points yesterday as the fear and uncertainty surrounding the
   cryptocurrency market crash appeared to pour in...
   
   NewsNFTs
   3 min read
   Andrew HaywardMay 10, 2022May 10, 2022
   Create an account to save your articles.
 * DogecoinShiba Inu
   
   
   SHIBA INU IS REBOUNDING FASTER THAN DOGECOIN AFTER CRYPTO CRASH
   
   The cryptocurrency market is showing a little bit of life today after
   yesterday’s drastic collapse, during which many of the top coins had shed 10%
   or more of their value. Overall, the market ...
   
   NewsCoins
   2 min read
   Andrew HaywardMay 10, 2022May 10, 2022
   Create an account to save your articles.


 * CRYPTO TWITTER REACTS TO UST COLLAPSE AND MARKET MELTDOWN
   
   Crypto Twitter was already operating on all cylinders yesterday, as Bitcoin
   and other top cryptocurrencies plummeted toward lows not seen in over a year.
   Then Terra’s stablecoin, UST, fell off...
   
   NewsCoins
   3 min read
   Sander LutzMay 10, 2022May 10, 2022
   Create an account to save your articles.


 * WHAT TERRA'S MELTDOWN MEANS FOR CENTRALIZED STABLECOINS TETHER AND USDC
   
   As the market panics over the implications of Terra’s UST losing its dollar
   peg, questions have been raised about its asset-backed stablecoin
   competitors, Tether and USD Coin.  Tether (USDT) a...
   
   NewsCoins
   5 min read
   Stacy ElliottMay 10, 2022May 11, 2022
   Create an account to save your articles.


 * MICHAEL SAYLOR SAYS MICROSTRATEGY COULD POST ‘OTHER COLLATERAL’ IF BITCOIN
   CRASHES
   
   MicroStrategy CEO Michael Saylor has been a vocal Bitcoin advocate, with his
   company holding 129,218 Bitcoin (nearly $4.1 billion worth) as of its latest
   quarterly earnings report. While being...
   
   NewsBusiness
   2 min read
   Kate IrwinMay 10, 2022May 10, 2022
   Create an account to save your articles.


 * COINBASE SHARES PLUNGE AFTER COMPANY MISSES Q1 REVENUE, POSTS $430M LOSS
   
   Coinbase released its earnings for the first quarter of 2022, and the results
   will do little to improve the dour mood in the crypto markets. The company
   disclosed that it pulled in $1.17 billi...
   
   NewsBusiness
   3 min read
   Jeff John RobertsMay 10, 2022May 10, 2022
   Create an account to save your articles.


 * SOMEONE FORGOT TO TELL THE WASHINGTON NATIONALS ABOUT TERRA
   
   Talk about bad timing. The Washington Nationals, winner of the 2019 World
   Series, have been making good on the terms of a partnership it forged back in
   February. The unfortunate part? That par...
   
   NewsBusiness
   2 min read
   Jeff BensonMay 10, 2022May 10, 2022
   Create an account to save your articles.

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