Armstrong admitted that, while Coinbase’s Prime and Custody customers had “strong legal protections in their terms of service,” retail customers didn’t.

3:35 PM • May 10, 2022

—Crypto, Stablecoin, Terra

—by Protos Staff

Here’s how crypto’s third largest stablecoin Terra (UST) collapsed

Third-largest stablecoin UST de-pegged from the US dollar, traded as low as $0.62, and lost over $4 billion in market capitalization.

1:01 PM • May 09, 2022

—Crypto, Ethereum

—by Protos Staff

Here’s why Ethereum 2 staking is risky and increases centralization

Proof-of-work will be phased out and replaced with proof-of-stake, a change that comes with a costly barrier to entry for most miners.

2:24 PM • May 06, 2022

—Axie Infinity, Crypto

—by Protos Staff

The play-to-earn crypto bubble has popped — Axie Infinity leads, down 99% from ATH

Once touted as a legitimate way to earn a living, the play-to-earn crypto industry has disintegrated. Here’s how major players fared to-date.

Basis Cash: The failed algorithmic stablecoin Do Kwon didn’t learn from

Here’s how crypto’s third largest stablecoin Terra (UST) collapsed

Here’s why Ethereum 2 staking is risky and increases centralization

The play-to-earn crypto bubble has popped — Axie Infinity leads, down 99% from ATH

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