American billionaire Bill Ackman said that Terra’s collapse shared similarities with a pyramid scheme that had no underlying business.
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Crypto's Ukraine Dilemma
Is supporting the Ukrainian resistance worth jettisoning one of crypto’s most sacred principles: financial sovereignty? That question arose yesterday, when Ukraine’s deputy prime minister beseeched several major crypto exchanges—among them Binance and Coinbase—to unilaterally ban […]
Decrypt Raises $10M and Spins Out as Independent Web3 Media Company
The funding comes from a mix of 22 VCs, DAOs, and Web3 angels, and allows us to build out our editorial team, Decrypt Studios, and PubDAO.
Investors Flee Gold and Bitcoin, Pushing Correlation to New 12-Month High
Bitcoin’s correlation with gold has just hit its highest level in the last 12 months this week, as investors have been lured by a strong dollar amid rising interest rates. While Bitcoin has long been […]