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Browse: Home / Terra

Terra

Galaxy CEO Mike Novogratz Preaches ‘Humility’ Expresses Confidence In Crypto’s Future Despite LUNA/TerraUSD Crash

By Securities Docket on May 18, 2022, 2:58 pm

“There is no good news in what happened in markets or to the Terra ecosystem. In Luna and UST alone, $40bn of market value was destroyed in a very short amount of time. Both large and small investors saw profits and wealth vanish. The collapse dented confidence in crypto and DeFi,” said Novogratz in a […]

Posted in Industry, Top | Tagged Terra

Joe Weisenthal on Terra- Bloomberg

By Securities Docket on May 11, 2022, 9:45 am

Here’s the thing though, just because it may be a crucial component of the future DeFi vision doesn’t mean it’s necessarily going to be possible. The question remains how can you just create an asset and set the price unless you have an infinite amount of money, or some other persistent source of cash flow, to back it? Source: […]

Posted in Industry, Top | Tagged Cryptocurrency, Stable coins, Terra

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