Do Kwon of Terraform Labs and his partners offered a bad bet to thousands of ordinary people. We're starting to realize the extent of the damage.
Crypto
News about cryptocurrency and bitcoin. Find the latest cryptocurrency news, updates, values, prices, and more information on Bitcoin, Ethereum, Dogecoin, DeFi, and other cryptocurrencies on Investopedia.
Crypto
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In the first block of Bitcoin, Satoshi Nakamoto encoded a goal statement for the industry. In essence, crypto should first and foremost do no damage.
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The Federal Reserve will have no choice but to revert to quantitative easing in the face of a recession and political gridlock. What does this signify for cryptocurrencies such as bitcoin?
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Ruja Ignatova, the mastermind behind the infamous Onecoin pyramid, is now one of Europe's most sought criminals. She was also known as the 'Crypto Queen,' and she vanished almost five years ago after her Ponzi scheme raked in billions of dollars from deceived investors all across the world.
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Liquidity aggregators could aid in the management of market participants during Black Swan occurrences.
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Pennsylvania Representative Glen Thompson has suggested a comprehensive, well-thought-out plan for 'crypto regulation' that is in line with Treasury Department suggestions.
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According to IOSCO head Ashley Alder, an unified entity to coordinate worldwide crypto regulation activities might be established within the next year.
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On the first day of three crypto funds, investors took a cautious approach due to high volatility.
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The Indian government is apparently considering levying a 28 percent GST on all cryptocurrency transactions. 'At the moment, just a portion of the services offered by crypto exchanges is taxed. One tax expert warned that taxing the entire transaction at a higher rate of 28 percent may send the markets into free collapse.'
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