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Latest from Shaurya Malwa
First Mover Americas: Bitcoin Holds $30K After Turbulent Week, Altcoins Trade Up
The latest moves in crypto markets in context for May 13, 2022.

OKX Delists Terra's LUNA and UST Citing User Protection
Both OKX and Binance ended trading related to the Terra tokens after UST lost its dollar peg and LUNA slumped more than 99%, but Binance has since resumed trading in LUNA.

Cardano’s ADA Jumps 40% to Lead Recovery in Major Cryptos, Sentiment Remains in 'Extreme Fear'
Crypto market cap rose more than 13% in the past 24 hours even though inflation concerns persist.

Crypto-Related Stocks in Asia See Volatile Trading Amid Bitcoin Recovery
Traditional market investors risked off publicly traded companies related to the crypto sector amid a drop in prices this week.

Terra-Based DeFi Protocol Anchor Proposes Cutting UST Yield Rates to 4%
The proposal comes amid ongoing concerns regarding the long-term stability of Terra tokens LUNA and UST.

Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
LUNA tokens lost 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the UST price.

Tether Loses $1 Peg, Bitcoin Drops to 2020 Levels of Near $24K
Weak sentiment around stablecoins may have contributed to USDT’s depegging Thursday morning.

Ether Futures Lead $1.2B in Liquidations, Crypto Market Cap Drops 16% Overnight
The past 24 hours were among of the biggest crypto market drops in recent months.

First Mover Asia: Bitcoin at 16-Month Low as UST Collapse Shows Risks of 'Algo' Stablecoins
A number of algorithm-based stablecoins have already failed; bitcoin and other cryptos see deep red.

Bancor 3 Goes Live With Polygon, Yearn, Others as Partners
The new features aim to make DeFi staking easier for DAOs and their token holders.
