Bitcoin Stabilizes Amid Terra Luna Ecosystem Collapse

CoinDesk published this video item, entitled “Bitcoin Stabilizes Amid Terra Luna Ecosystem Collapse” – below is their description.

A wild week for bitcoin as the collapse of Terra’s algorithmic stablecoin TerraUSD (UST) and luna (LUNA) token continues its ripple effects on the crypto industry. CoinDesk’s Brad Keoun and Christie Harkin review the week’s top stories moving the markets.

Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1

Site: https://www.coindesk.com

Twitter: https://www.twitter.com/coindesk

LinkedIn: https://www.linkedin.com/company/3104779/admin

Instagram: https://www.instagram.com/coindesk

Facebook: https://www.facebook.com/CoinDesk

Newsletters: https://www.coindesk.com/newsletters

CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP

Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE

CoinDesk is the leading digital media, events, and information services company for the crypto asset and blockchain technology community.

#CryptoNews

CoinDesk YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

Recent from CoinDesk:

Two Compass Mining Execs Resign Amid ‘Setbacks and Disappointments’

THORChain Exec on Bridging the Gap Among Blockchains

Grayscale Chief Legal Officer on Launching Lawsuit Against SEC

In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

4 Recent Items: Bitcoin

Two Compass Mining Execs Resign Amid ‘Setbacks and Disappointments’

THORChain Exec on Bridging the Gap Among Blockchains

Grayscale Chief Legal Officer on Launching Lawsuit Against SEC

Crypto Holders WATCH OUT!! THIS Is The Future THEY Want!!

In This Story: Blockchain

A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the accuracy and security of a record of data and generates trust without the need for a trusted third party.

2 Recent Items: Blockchain

Two Compass Mining Execs Resign Amid ‘Setbacks and Disappointments’

THORChain Exec on Bridging the Gap Among Blockchains

In This Story: Podcast

A podcast is an episodic series of digital audio files that a user can download to a personal device for easy listening.

3 Recent Items: Podcast

Two Compass Mining Execs Resign Amid ‘Setbacks and Disappointments’

Mara Yamauchi on fairness for females in sport | Free Speech Nation: The Podcast

The TRUTH About The Corporate Media

In This Story: Ripple

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. The ledger employs the native cryptocurrency known as XRP.

2 Recent Items: Ripple

Crypto fund defaults on $670M loan, and Bitfury CEO says prices aren’t ‘relevant’: CNBC Crypto World

Abortion decision a ‘watershed moment for both parties,’ political analyst says

In This Story: Stablecoin

Stablecoins are cryptocurrencies where the price is designed to be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

2 Recent Items: Stablecoin

Could This REALLY WORK?! Stablecoin Backed By WHAT?!

I’m focused on what are people building, says Circle CEO

In This Story: Terra

Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

Terra’s native token, LUNA, is used to stabilize the price of the protocol’s stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.

2 Recent Items: Terra

China’s Tianwen-1 spacecraft captures stunning photos of Mars

Ledger CEO on Future of Bitcoin, NFTs, Web3

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.

Posting....