May 12, 2022

The Daily Block Explorer - Issue #268

By The Daily Block Explorer • Issue #268 • View online

Users of popular crypto forums fear they will become homeless after Terra Luna’s wipeout. Welcome to The Daily Block Explorer. A global view of the emerging distributed ledger economy…

Bitcoin’s 2021 gains were wiped out in the stablecoin rout. Luna bailout terms put a crypto spin on death-spiral financing. Crowdz raises US$10M for its blockchain-powered invoice financing marketplace. AI detects cancer and preserves privacy with blockchain.

‘I lost my life savings’: Terra Luna cryptocurrency collapses 98% overnight — The Independent

Users of popular crypto forums fear they will become homeless after the Terra Luna wipeout

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Luna Bailout Terms Put a Crypto Spin on Death-Spiral Financing — Bloomberg

From borrowing and lending platforms to synthentic equities to simply trying to build a stable proxy for the US dollar, cryptocurrency projects have long attempted to reimagine traditional financial vehicles for the age of the blockchain.

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Bitcoin's 2021 gains wiped out in stablecoin rout — Reuters

Cryptocurrencies extended their sell-off on Thursday, with Bitcoin falling to its lowest levels in 16 months as a stampede out of so-called stablecoins sent shockwaves around broader markets.

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