Yellen: crypto is not (yet) a risk to the financial system

May 13, 2022

In a session in the US Congress, Secretary of the Treasury Janet Yellen stated that she does not see crypto as a systemic risk to the stability of the financial system. She did mention the fall of UST as an example of a risk within crypto.

How the crash of UST went down - can algo stablecoins survive this?

May 11, 2022

More is becoming clear about the circumstances that led to the crash of stablecoin UST last Sunday and Monday. There is much speculation about the impact of the UST crash on the stablecoin market. Is this the end of algorithmic stablecoins?

Stablecoin UST not so stable anymore

May 10, 2022

It just had to play out sooner or later: the moment that stablecoin US Terra (UST) would face a stress test. It happened during the current price drop of the crypto markets. At its low point, UST was worth only about 65 cents. At this writing, the price is about 90 cents.

Tron had a strong week despite harsh market conditions, here is why

May 09, 2022

Last week had been particularly hard for tech stocks and crypto alike. The Nasdaq 100 took a hit and bears were rejoicing when they looked at the Bitcoin chart. However, not all crypto assets went down last week. Admittedly there were only a few exceptions but those that presented themselves have proven to be profitable for investors. One of them was Tron. Why took TRX off last week instead of dumping along with the rest of the market?


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