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” Number of devs increased during crypto winter: Electric Capital report “ The notion that bear markets are good for builders appears to be true with the total number of monthly active Web3 developers increasing 5.4% to more than 23,300 over the last 12 months despite a near 70% drop in crypto prices. According to…
” Albright Capital drops lawsuit against Terraform Labs and Do Kwon “ Albright Capital has dropped its lawsuit against Terraform Labs and its founder Do Kwon, according to a Notice of Voluntary Dismissal filed in U.S. District Court on January 9. Before its dismissal, the lawsuit had alleged that the company had violated the Racketeer…
” Terra accidental airdrop leads to smear campaign, community member claims “ Terraform Labs (TFL), the firm behind the defunct algorithmic stablecoin TerraUST (USTC), and its co-founder Do Kwon is back in the limelight again for allegedly running a smear campaign and issuing threats against one of their own community members. It all started in…
” Su Zhu gets called out by the community as he fires off accusations against DCG “ As liquidity issues surround the Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Su Zhu made a Twitter thread containing allegations against DCG and FTX. However, the founder immediately got called out by the crypto community for…
” 10 crypto tweets that aged like milk: 2022 edition “ To put it lightly, it has been a wild year for the crypto sector. In the span of less than 12 months, the third-most valuable stablecoin imploded, leading to a domino effect that saw crypto lender Celsius go bankrupt, Three Arrows Capital’s founders go…
“This minimal + visually light seating collection is inspired by the gentle curves of the hillsides” We often underestimate the importance of a great chair! When in reality we really shouldn’t. We spend the majority of our day sitting on chairs, whether we’re working in our home office, enjoying a meal, or simply sitting and…
” Bitcoin bears well positioned for Friday’s $2.5 billion options expiry “ A year-end wager for $80,000 Bitcoin (BTC) might seem entirely off the table now, but not so much back in March as BTC rallied to $48,000. Unfortunately, the two-week 25% gains that culminated with the $48,220 peak on March 28 were followed by…
” Santas and Grinches: The heroes and villains of 2022 “ From an outside perspective, 2022 has been a rollercoaster ride for crypto. The market reached a total valuation of $3 trillion during the bull market of 2021, only to scale back to its current level of around $810 billion. While this poor performance can…
” South Korean court freezes $92M in assets related to Terra tokens “ More than six months after the collapse of the Terra ecosystem, South Korean authorities continue to investigate and freeze the funds of persons involved in Terra. After seizing 140 billion won ($108 million) from Terra co-founder Shin Hyun-Seong in November, the Seoul…
” Algorithmic stabilization is the key to effective crypto-finance “ After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers. This emotional response, however, is strongly at odds with reality….