MYSTERIOUS: 6 - What They Never Told You

$7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis

Figures suggest company has paid out more than total cash on hand, as terra backers prepare relaunch

The Guardian - UK · May 16, 2022

Terra hasn’t killed crypto, but it was a narrow escape

NEW YORK: Speculation that the collapse of one of the biggest experiments in decentralized finance could bring about the death of crypto appears to have been overblown. If Terra’s implosion had happened after a few more months of growth, the resultant market impact might have created a DeFi version of…

The Times of India · May 16, 2022

The Weekly Wrap for Saturday, 14 May 2022

It's been a bad week (month, year) to be a Web3 booster. Coinbase conceded that it may not be able to protect all the deposits it holds if it goes under. NFT's are evaporating and not even a CGI model of Madonna's vagina can save them. But in this edition…

inkl Originals · May 14, 2022

Bitcoin, Ethereum, Dogecoin Just Under Key Levels After Crypto Crash — Analyst Says Investors Vulnerable To 'One Last Plunge'

Bitcoin and Ethereum hovered just under key psychological levels, as the global cryptocurrency market cap declined 2.2% to $1.2 trillion at press time.

Benzinga · May 13, 2022

Money markets are insulated, for now, from the stablecoin mess

US money markets have so far proven resilient amid growing turmoil in so-called stablecoins, although investors remain alert to the risk of problems spilling over into key parts of the world’s financial plumbing.

Tribune News Service · May 12, 2022

Tether Untethers From Dollar: Are The Fears Justified?

Leading stablecoin Tether (CRYPTO: USDT) saw its value fall as low as 95 cents — possibly a price not seen since 2017 — after Wednesday's collapse of&

Benzinga · May 12, 2022

Turmoil and panic in crypto market as ‘stablecoin’ slump prompts wider collapse

The near-total crash of terra has fuelled real panic that the crypto sector may face existential problems

The Guardian - UK · May 12, 2022

Crypto Market Panic Worsens As Tether (USDT) Loses Dollar-Peg

Market-wide panic ensued after Tether (CRYPTO: USDT) – the largest stablecoin by market cap – began losing its peg to the U.S. dollar.

Benzinga · May 12, 2022

Could terra fall prove to be Lehman Brothers moment for cryptocurrencies?

Explainer: Questions asked about whether other ‘stablecoins’ may follow suit – and if so, what else?

The Guardian - UK · May 11, 2022

Cannabis Movers & Shakers: MedMen's New CEO, TerrAscend, FoliuMed, Charlotte's Web & Proof Announce Appointments

MedMen Names New CEO Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) has appointed a new CEO, Edward Record, who has been serving on the company's board since 2021.

Benzinga · Apr 29, 2022