Tether CTO, Paolo Ardoino, told us last month that Tether was prepared for a bank run. Ardoino and the Tether team have run models to simulate a 2008-style financial crisis and believe... Read more »

A former Terra Labs employee has reportedly revealed that Terra co-founder Do Kwon was one of the creators of Basis Cash. This algorithmic stablecoin failed last year, a Coindesk report has revealed. Citing... Read more »

Cardano founder Charles Hoskinson posted a video on Wednesday sharing his views on the crypto market downturn. He said, being in crypto for over ten years, he’s seen it all twice. Nothing... Read more »

The Swiss-based crypto exchange, SwissBorg, has released a report on the risks surrounding Terra’s stablecoin, UST. The token is currently undergoing extreme volatility, trading at just $0.59 at writing. SwissBorg issued a... Read more »

The BBC published an article titled, ‘Bitcoin value drops by 50% since November peak,’ on May 10. It gave a balanced account of the current state of affairs. The key takeaway was... Read more »

Authorities in India are looking to introduce an additional 28% Goods and Services Tax on cryptocurrencies, CNBC reported. India’s new 28% tax for crypto  According to the report, India’s Goods and Service... Read more »

The U.K. has the opportunity to become a global crypto hub by ditching ‘Brussels rules,’ according to the Telegraph, which continues to promote the idea of the City of London reinventing itself... Read more »

Theta Labs is partnering with Sony to release a unique 3D NFT that works without 3D glasses. The “Tiki Guy” NFT will work with a Sony Spatial Reality Display, retailing at $4,999.... Read more »

A seemingly coordinated attack on the Terra ecosystem occurred this weekend, May 7th, as hundreds of millions of dollars worth of UST was dumped on Curve Finance. This happened in tandem with... Read more »