Hedge funds are the real winners of the crypto market crash
Hedge funds using automated "quantitative" strategies are outperforming, converting the crypto market crash into big profits.
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Hedge funds using automated "quantitative" strategies are outperforming, converting the crypto market crash into big profits.
Read more (3 min) →After resigning his job as Health Secretary for breaking lockdown rules, Hancock is using crypto to reinvent his political image.
The UST co-founder was accused of siphoning off $2.7 billion in 33 monthly withdrawals of $80 million each.
— Luna, Stablecoin
We should reflect on Luna's crash and its impacts on crypto before we start building — or 'buidling' — again, says Cas Piancey.
In April the UK chancellor announced plans to recognize stablecoins. Terra's recent collapse will give regulators food for thought.
— Basis Cash, Kwon
CoinDesk revealed failed algorithmic stablecoin Basis Cash was created by Terra's Do Kwon and BitClout's Nader Al-Naji.
— Crypto, Stablecoin
Third-largest stablecoin UST de-pegged from the US dollar, traded as low as $0.62, and lost over $4 billion in market capitalization.