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05 Jun 23

What happened to Terra Luna: one year after collapse

In May 2022, the crypto community was shattered by the crash of the Terra ecosystem. One year after, we are reconstructing the events, from luna’s depeg to Terraform CEO Do Kwon becoming a criminal. Terra and its sibling token LUNA have charted a rollercoaster journey across the crypto universe one year after its catastrophic crash. […]

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16 May 23

FDIC chair takes responsibility for Signature Bank’s collapse, also cites crypto

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A report from the FDIC has revealed that poor management was the primary cause of Signature Bank’s failure, uncovering the key factor responsible for the bank’s downfall. In response, the chair has assumed responsibility for the identified shortcomings, acknowledging accountability for […]

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11 May 23

South Korea sets trial date for Terraform Labs co-founder over Terra Luna collapse

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Terraform Labs co-founder Shin Hyun-seung and seven other associates are set to face trial on May 26 over fraud charges related to the collapse of the Terra-Luna stablecoin and crypto project in May 2022. Despite the gravity of the situation, Shin […]

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28 Apr 23

Signature Bank collapse due to regulators, management

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The fall of Signature Bank (SBNY) has been linked to a combination of executive mismanagement and insufficient intervention by federal regulators, exacerbating the bank’s exposure to risks in the crypto industry and the ripple effects from other banks’ failures. The downfall […]

Metacade announces partnership with Metastudio2

11 Apr 23

Crypto ownership in the US surged in 2022 despite FTX collapse

A new study finds that nearly one-third of U.S. residents hold bitcoin and other cryptocurrencies and 45% of cryptoasset investors prefer patronizing financial institutions and credit unions that support bitcoin (BTC) and altcoins. U.S. consumers are interested in crypto While the major regulatory watchdogs in the United States, including Gary Gensler’s SEC and others, have […]

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30 Mar 23

Ledger sees funding success in wake of FTX collapse

The recent collapse of FTX has increased interest in Ledger’s secure storage solutions and led to its recent funding success. The cryptocurrency ecosystem experienced a major shake-up following the FTX collapse, as investors rapidly sought safer storage alternatives for their digital assets. The shift in market sentiment resulted in a significant increase in demand for […]

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22 Mar 23

Crypto firms turn to Swiss banks following Signature, Silvergate collapse

The collapse of Signature Bank and Silvergate Bank, two of the most crypto-friendly lenders in the U.S., has left many cryptocurrency firms in a state of uncertainty and desperation. As regulators crack down on banking institutions dealing with digital assets, in what industry insiders such as Caitlin Long describe as “Operation Choke Point 2.0,” these […]

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18 Mar 23

Retailers accumulating bitcoin at the fastest pace since FTX collapse

Onchain data shows that retailers have been accumulating bitcoin (BTC) at the fastest pace since the collapse of FTX, a cryptocurrency exchange. Retailers accumulating bitcoin Glassnode shows that “shrimps”, that is, small-scale retail holders with between 0.1 BTC and 1 BTC, ramped up their buying activity this week amid concerns of a banking collapse in […]

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14 Mar 23

Biden urges US citizens to trust banks amid ongoing collapse

Following the Silicon Valley Bank collapse, US President Joe Biden sought to portray calm on March 13 by assuring US citizens that the country’s financial and banking systems are secure. In a move that has sent shockwaves throughout the banking industry, The Federal Deposit Insurance Corporation (FDIC) took possession of Silicon Valley Bank’s assets on […]

01 Jan 23

Former president of Russia says collapse of global financial system will accelerate crypto adoption

Dmitry Medvedev, the former President of Russia, believes that a worldwide financial collapse will result in widespread acceptance of cryptocurrencies. He predicts that both the US dollar and the euro will become less influential as reserve currencies. In a December 26 thread on Twitter, Dmitry Medvedev said the failure of the Bretton Woods monetary control […]

What happened to Terra Luna: one year after collapse

FDIC chair takes responsibility for Signature Bank’s collapse, also cites crypto

South Korea sets trial date for Terraform Labs co-founder over Terra Luna collapse

Signature Bank collapse due to regulators, management

Crypto ownership in the US surged in 2022 despite FTX collapse

Ledger sees funding success in wake of FTX collapse

Crypto firms turn to Swiss banks following Signature, Silvergate collapse

Retailers accumulating bitcoin at the fastest pace since FTX collapse

Biden urges US citizens to trust banks amid ongoing collapse

Former president of Russia says collapse of global financial system will accelerate crypto adoption

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