Coinlive Weekly (May 9 – May 15): LUNA-UST catastrophe – New “stain” of the cryptocurrency marketplace

In cryptocurrencies there is a saying “To the Moon” which refers to the truth that the rate of coins will 1 day rise “towards the moon” like Uncle Cuoi in the previous.

But final week – a week that will definitely go down in cryptocurrency historical past as 1 of the most significant “disastrous” in the twelve-yr historical past of cryptocurrencies – just the opposite occurred. The LUNA “palace of the moon” collapsed to the ground, wiping out quite a few investor assets in the Earth ecosystem, UST stablecoins and linked tasks.

Let’s critique almost everything with Coinlive to make certain we never miss any critical information!

Movement of the worth of the most important cryptocurrencies in contrast to seven days in the past, statistics detected at 09:15 on May 15, 2022. Source: Coin360

Coinlive Originals – Articles to go through

Kyros Ventures: Follow the cryptocurrency marketplace in the to start with two weeks of May 2022

Ancient Search8: Move-to-Earn – The following significant trend in the blockchain marketplace?

Club AntiAntiNFTS: How to assess an NFT task

Coinlive Blog: Discovering behind the scenes of Terra – UST “hacked”

Revision: Summary of tasks with retroactive likely (Part one)

Coinlive Television

DeFi discussion ep. 44: Web3 domain title is “hot” yet again – can “ENS bird” deliver spring?

Weekly information: Bitcoin bottoms, Earth (MOON) absolutely free fall, UST de-peg – When will the “death spiral” finish?

Focus: El Salvador and gambling with Bitcoin: will a nation default on BTC?

Central level 🔥

Bitcoin (BTC) set a new reduced in 2022 due to exceptionally adverse information

– “Disaster” LUNA – FSO:

The assets of the very best billionaires How did the richest in the cryptocurrency marketplace “evaporate” just before the Earth-UST crisis?

Elon Musk “suspend” Twitter’s agreement on “spam, bots”

Great Cap

MicroStrategy It will not promote Bitcoin regardless of the BTC home loan liquidation threat

Flow (Movement) quite a few massive providers have contributed an added $ 725 million as an ecosystem advancement fund

Aurora Establishment of a $ 90 million advancement fund to encourage DeFi in the Close to ecosystem

Founder of Cardano (ADA) confirming that the marketplace has fallen into a “long-term hibernation” cycle.

Over eleven% of Polkadot’s complete provide (DOT) closed in chain guard

“Father” of the Facebook crypto task Return to the marketplace with new ambitions for Bitcoin

DeFi

The wave of stablecoin de-peg spreads: USDX from Kava Network is the newest title

Pancake Swap proposed to restrict CAKE’s provide to 750 million units

Composed credit score rating B-

Swap claims to “beat” each Binance and Coinbase in terms of marketplace liquidity

Etherscan, CoinGecko Phishing Attack: Users have to have to be mindful

NFT, Games and the Metaverse 🖼🎮🌐

Base rate NFT Azuki it fell sharply following the founder confessed that he had “abandoned” three other tasks

Instagram piloting of NFT assistance from Ethereum, Polygon, Solana and Flow

Investments from massive institutions

Greyscale dialogue with the SEC on the conversion of Bitcoin ETFs

KuCoin exchange Raised capital of $ 150 million, well worth $ ten billion

Chain evaluation $ 170 million was paid in, bringing the company’s complete worth to $ eight.six billion

KOL Irene Zhao’s NFT SO-COL platform increase capital at a valuation of $ one hundred million

Coinbase exchange reduction of USD 430 million in 1Q2022

FTX CEO acquired seven.six% of the shares of Robinhood Company

Legal and Reception

Coinbase gone out of company in India

European Union assistance a massive-scale ban on stablecoins

India contemplate imposing a 28% tax on all crypto transactions

President of El Salvador “Revealing” the to start with simulated photographs of Bitcoin City

Emirates airlines accept BTC payment

Summary of Coinlive

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