$200 Billion Wiped Out: The Crypto Market Bloodbath Following Terra’s Collapse on May 13, 2022
TL;DR Tether (USDT) briefly depegged to $0.95 before recovering, processing $3 billion in redemptions within 24 hours LUNA crashed to […]
DeFi
Decentralized finance protocols, yield farming, and liquidity pools
200 Billion Wiped Out: The Crypto Market Bloodbath Following Terra Collapse on May 13, 2022
TL;DR Tether (USDT) briefly depegged to $0.95 before recovering, processing $3 billion in redemptions within 24 hours LUNA crashed to
DeFi in Crisis: How the Terra UST Collapse Triggered a Stablecoin Contagion on May 13, 2022
TL;DR Terra’s UST stablecoin collapsed to $0.13, wiping out over $40 billion in combined LUNA and UST market cap in
Terra Luna Crash to Zero: Algorithmic Stablecoin Failure Exposes Crypto Systemic Risk
TL;DR Terra (LUNA) token crashes to effectively $0.00 UST stablecoin loses dollar peg, trades as low as $0.13 Major exchanges
Coinbase Reports $430M Net Loss in Q1 2022 as Crypto Winter Tightens Its Grip on Exchange Revenue
Coinbase Global, the largest cryptocurrency exchange in the United States, reported a net loss of $430 million for the first
Coinbase Q1 2022: Revenue Decline 27% as Crypto Market Faces Perfect Storm
Coinbase Q1 2022: Revenue Decline 27% as Crypto Market Faces Perfect Storm TL;DR Coinbase reported $1.17 billion in Q1 2022
Terra USD Loses Dollar Peg in Historic DeFi Stress Test as UST Crashes to $0.68
The cryptocurrency market faced one of its most severe DeFi crises on May 10, 2022, as Terra USD (UST) —
Terra’s Anchor Protocol Faces Massive Withdrawal Wave as $2 Billion UST Unstaked in Single Day
Terra’s Anchor Protocol Faces Massive Withdrawal Wave as $2 Billion UST Unstaked in Single Day TL;DR Over $2 billion in
Anchor Protocol 19% UST Yield Faces Stress Test as Terra Ecosystem Shows Strain
On May 7, 2022, the decentralized finance world was watching Terra with growing unease. Anchor Protocol, the flagship lending platform
DeFi Staking Yields Face Uncertainty as Ethereum’s Difficulty Bomb Ticks Closer to the Merge
The Strategy Outline On May 3, 2022, Ethereum traded at $2,783 as the broader crypto market navigated a tense macroeconomic