Tue, 21-Oct-2025

Experts are still beating their heads over the cause of the TerraUSD crash

Experts

Celsius indicated that the only reason it withdrew its funds off the site was due to “changes in the stability”. The corporation also made it clear that it benefited in no way from the consequent insecurity. Regulators are concerned about DeFi’s impact on investors and the financial system as a whole. Cryptocurrency Experts are still … Read more

Anchor protocol is destroying Terra and Luna stablecoins

Stablecoins created using algorithms, the coins Luna and Terra were not always ruined. They became a “golden investment” in December of last year, with 1 Luna worth almost $116. 1 stablecoin equals $1. Luna’s success stemmed from a financing scheme named Anchor, which offered obscenely high annual percentage yields (APY) of around 20%. The Anchor … Read more