Do Kwon returns with Terra 2.0, but it is already crashing

[ad_1] Do Kwon, CEO and co-founder of Terraform Labs’ grand revival plan to salvage the Terra ecosystem from its current stage has failed. On Saturday, Kwon launched Luna 2.0, the revamped version of the Luna coin. The company CEO believes that validating all invalid blocks as well as transactions on the blockchain network will make […]

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Cryptoverse: Stablecoins wend wobbly way into the unknown

[ad_1] Stablecoins, the safe and strait-laced cousins of crypto, are looking distinctly dicey. Tether, USDC and others lost their prized pegs to the dollar last week in a bout of market mayhem that shook faith in these coins that were designed to sidestep crypto volatility. But was it an isolated outburst, or are they losing […]

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