UST Recovery Plan Released, Robinhood Holds 30.9% of DOGE Supply, Coinbases Services Halted by Indian Central Bank
-Terra’s Do Kwon releases recovery plan for UST
-The plan involves increasing the “minting capacity” of the protocol
-This will help to accelerate the process of token burning
-Mudit Gupta compares the situation to the Lehman Brothers situation in 2008
-40.9 billion DOGE held by Robinhood – 30.9% of coins in circulation
-Charles Hoskinson explains how Djed’s USD peg is stronger than UST’s
Share this:
Related
More Stories
Crypto needs regulation to avoid washouts like FTX, says Coinbase CEO Brian Armstrong
FTX declared bankruptcy after revelations about its business practices led to a surge of customer withdrawals, without sufficient funds to...
Slight Bitcoin Bullishness Continues Despite Market Cap Drop
The total cryptocurrency market capitalization dropped by 5% between Nov. 14 and Nov. 21, reaching a notable $795 billion. -However,...
Ethereum to fuel bullrun to $2,000 in coming weeks
- Ethereum's performance last week outperformed Bitcoin's by three times on the weekly chart. - Experts believe that Ethereum's burning...
JPMorgan’s Recent Experiment Proves Crypto is Here to Stay!
Ethereum was created in 2013, laying the foundation for cryptocurrency to take the largest step in its evolution since the...
tWhy Bitcoin and Ethereum Investors Are Losing Money
- Investors in Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are losing money at a historic pace - The news...
“Bitcoin is Dead” – Mainstream Media 466 Times
The mainstream media has been publishing articles blaming crypto for the collapse of the FTX exchange and Sam Bankman-Fried's crypto...
