TerraUSD

Headquartered in the British Virgin Islands but managed out of Cape Town, Invictus Alpha and parent company New World Holdings have been placed in liquidation in the British Virgin Islands due, in large part, to excessive exposure to the…

The wealth-generating hot streak for bitcoin and other cryptocurrencies has turned brutally cold The wealth-generating hot streak for bitcoin and other cryptocurrencies has turned brutally cold The wealth-generating hot streak for Bitcoin…

Bitcoin and other cryptocurrencies are seen by many as a new form of money. Others query whether these alternative assets truly meet the definition of money from a practical point of view. ‘Money’ is defined by three pillars: as a store of…

Is inflation the only reason why cryptocurrencies like Bitcoin had such a steep downward movement? Is inflation the only reason why cryptocurrencies like Bitcoin had such a steep downward movement? The story so far: Bitcoin, the most…

New Delhi: The price of Bitcoin fell back below $30,000 after a modest climb Thursday. Bitcoin has been floating across $30,000 over the last few days as crypto and stock markets have struggled to recover from multiple losses for the past…

LONDON - Tether, the world's largest stablecoin, said on Thursday it has boosted its holdings of U.S. government debt while cutting exposure to riskier assets, the first look at its reserves since the token was rocked by the crypto sector's…

Do Kwon, a trash-talking entrepreneur from South Korea, called the cryptocurrency he created in 2018 "my greatest invention." In countless tweets and interviews, he trumpeted the world-changing potential of the currency, Luna, rallying a…

DEI Price crash latest News: Deus Finance’s stablecoin dei (DEI) is another so called stable coin to lose its peg with the US dollar, dropping below 60 cents, like TerraUSD (UST). DEI lost its peg on Monday and it is far from regaining its…

Cryptocurrencies trended lower Saturday in the wake of the collapse of TerraUSD and the most volatile week for Bitcoin trading in at least two years. The…

The cryptocurrency TerraUSD had one job: Maintain its value at $1 per coin.Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of a penny from its intended price. That made it an island of stability, a…