Mantra and Terra Luna: Nothing in common but a token crash

Mantra and Terra Luna: Nothing in common but a token crash

Mantra’s comparison to the Terra Luna collapse is inaccurate despite price chart similarities because the token crashes are fundamentally different, crypto community members said. The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many…

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Crypto ‘uninvestable’ if exchanges ignore manipulation: DeFiance CEO

Crypto ‘uninvestable’ if exchanges ignore manipulation: DeFiance CEO

Defiance Capital founder Arthur Cheong claimed that centralized exchanges are turning a blind eye to market makers creating artificial crypto prices. A crypto investment executive said the biggest problem with digital asset markets is price manipulation, claiming that collusion between market makers and exchanges distorts token prices.  Arthur Cheong, founder of crypto investment firm DeFiance…

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Asia holds crypto liquidity, but US Treasurys will unlock institutional funds

Asia holds crypto liquidity, but US Treasurys will unlock institutional funds

The disconnect between Asia’s crypto liquidity hubs and US capital markets has hindered institutional adoption of digital assets. Opinion by: Jack Lu, CEO of BounceBit For years, crypto has promised a more open and efficient financial system. A fundamental inefficiency remains: the disconnect between US capital markets and Asia’s liquidity hubs. The United States dominates…

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