Coinbase says it has no exposure to failed crypto firms Celsius, 3AC, and Voyager but made “non-material investments” in Terraform Labs; stock closes up 14.34%
Coinbase says it has no exposure to collapsed crypto firms Celsius, 3AC, and Voyager but made a “non-material” investment in Terraform Labs; stock up 19%+
- Coinbase said in a blog post that it had “no financing exposure” to collapsed crypto firms Celsius, Three Arrows Capital and Voyager Digital.
As Terraform Labs rebooted the Terra blockchain, freshly minted LUNA tokens started trading on exchanges and swiftly plummeted about 70% from the opening price
After peaking at $19.54 earlier on Saturday, it's been mostly downhill. — Terraform Labs early Saturday launched a new version …
Sources: Terraform Labs CEO Do Kwon pseudonymously co-founded Basis Cash, a failed algorithmic stablecoin set up in 2020 that peaked at $174M total value locked
A look at Do Kwon's algorithmic stablecoin UST, designed to trade at $1 but which has been in freefall; CoinMarketCap says there are ~14.8B UST in circulation
Earn ~21% on DFX Finance's EURS/USDC pool! Liam ‘Akiba’ Wright / CryptoSlate : Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST Osato Avan-Nomayo / The Block : Korean crypto ...