Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree.
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Twitter's stock plummeted 18% following the announcement.
European stocks advanced on Friday as global markets looked to regain some ground after a bruising week.
Bitcoin price action appears to be back with a bang as record-breaking long leverage builds on Bitfinex.
Binance suspended LUNA/BUSD and UST/BUSD on its spot trading platform following the halting of the Terra blockchain.
U.S. Treasury yields jumped on Friday morning, as investors sold out of government bonds and looked to move back into stock markets.
Japanese conglomerate SoftBank Group on Thursday posted a record $27 billion loss in its Vision Fund as tech stocks have plummeted in recent months.
Venus Protocol and Blizz Finance announced that their protocols were exploited due to the difference in LUNA market price and price feed as Chainlink paused the LUNA oracle.
Luna, the cryptocurrency associated with TerraUSD, or UST, is now worth $0 as the stablecoin has dramatically lost its $1 peg.
There are now 6.9 trillion LUNA in circulation, while the coin's value is practically zero in U.S. dollar terms.
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