A trading pause and a bailout bring Cryptocurrency terrible week to an end.

Cryptocurrency

This week saw a worse of the cryptocurrency market’s collapse as big participants battled liquidations, withdrawal freezes, trade halts, and, in at least one instance, a bailout. On Friday, cryptocurrency broker Voyager Digital Ltd. announced the suspension of trading, deposits, and withdrawals while BlockFi, a significant lender for digital assets, received support from exchange FTX […]

On Tuesday, Terra’s LUNA Crypto dropped by 45% when the network’s stable coin lost its dollar Peg once again.

Due to his sister’s stable coin TerraUSD losing its Peg (stable coins are digital assets that hold their significance over a long period of time) for the 2nd time in a few hours, Terra Network’s LUNA (Terra USD) dropped as much as 61% on Monday. TerraUSD is a computational type of cryptocurrency with a one-dollar […]