“An algo stable will exist in the next five-to-seven years,” said Hassan Bassiri, a portfolio manager at Arca, which was an investor in Terra. “And it...
“The obvious precedent is FDIC insurance (up to $250,000 per person),” Vitalik Buterin tweeted, adding that he “strongly supports” helping the “average UST smallholder.” Read More
A viral thread on Crypto Twitter floats a theory of an attacker taking TerraUSD down just like George Soros tanked the pound in 1992. Read More
The cryptocurrency market took a massive hit this week, but whether or not there’s a real risk of contagion for financial markets is up for debate....