How Terra collapse nearly killed algorithmic stablecoins
The spectacular failure of Terra has caused money to flee from algorithmic stablecoins and has seen many abandon their plans.
The spectacular failure of Terra has caused money to flee from algorithmic stablecoins and has seen many abandon their plans.
The US Supreme Court declined to hear an appeal of a bankruptcy lawsuit that has prevented the liquidation of $4.4 billion worth of bitcoin.
AT&T faces a major network breach by China and a reopened crypto theft case that could set a precedent for customer data protection.
The UN has found that criminal enterprises in Southeast Asia, including Chinese syndicates, reportedly make between $27.4B and $36.5B a year.
The IMF is still unhappy with El Salvador’s use of bitcoin at a sovereign level, and it’s pressing hard at the negotiation table.