Covering the most important crypto stories and exploring what they really mean.
We finally got an answer to the $22 million question: is Terra’s ecosystem sustainable? And the answer is: Source: CoinGeckoThat would be a no then. A week ago, Terra’s Luna tokens were trading for $80, today (before the network was shut down) they were trading for $0.000001.
The world's biggest asset manager is moving into crypto. Probably nothing.
Chasing the dragon. It’s a cool sounding phrase, with bad connotations. It’s usually used in relation to addicts, and their endless hunt for the blissful high that lasts a lifetime. That high, of course, doesn’t exist. And eventually the dragon will destroy you. The idea is applicable
This week we’ve got news on Coinbase insider trading, Ethereum 2.0’s latest delay, the EU’s crazy new crypto law, VCs descending on crypto and more
If the UK really is going full crypto, and this isn’t all just some kind of weird publicity stunt by the Chancellor, we could be in for a wild ride.
We’ve seen so many big hacks and exploits over the last few years that many of them just fade into the background. But this one… this one is important.
Terra, Anchor and UST are reshaping the world of crypto… and providing a wealth of entertainment while they’re at it.
I know I say this every issue, but there really is a ton of crazy and interesting stuff going on in crypto right now. We’ve got about 7,000 words' worth of it in today’s issue.
There is an absolute ton to cover this month: the great crypto crash, ark’s $1m Bitcoin prediction, new US and UK regulations, stablecoins killing traditional banks, a $300m hack and the most viral story in crypto history.