Category: Cryptocurrency News

Binance suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday.

Brian Armstrong, co-founder and CEO of Coinbase, responded to fears surrounding a disclosure that the company made in its recent report.

I'm honestly mind boggled reading some comments claiming they lost between 100k to literally millions over night? HOW? I'm not asking how you accumulated that money to begin with but literally how can some throw all of their savings into 1 altcoin? There's a comment I've seen of a guy who sold his house and…
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(This was my post 110 days ago which never got approved) Dip is 10-20% down. Don't buy it. When it happens, Redditors will jump on you screaming BUY THE DIP directly to your ear. Don't buy it. You're calm, your mind is clear, you aren't fueled by emotions. Soon it will dip 20-30%. You will…
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The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research.

The classic bottom zone reappears on the back of serious sell pressure stoked by mayhem on stablecoin markets.

Back in 1999-2000 the dot com crash brought Amaxon, Google and Apple stocks to near zero. Those who rode out those years and hung on were rewarded. Just sayin. submitted by /u/sparrow2007 [link] [comments]

LUNA/UST debacle leads to discrepancies in BTC-stablecoin trading pairs across global cryptocurrency exchanges.

The Terra Money Twitter account shared the finer points on Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA.

Stargate: A fully composable cross-chain bridge: – Allows the transfer of native assets (stablecoins) between 7 blockchain networks – Any protocol can leverage Stargate to provide cross-chain capabilities. https://coinavalon.io/blog/stargate-a-fully-composable-cross-chain-bridge/ submitted by /u/Born_Slice_7809 [link] [comments]