4 C
New York
Sunday, February 4, 2024

Determined LUNA Investor Arrested, New Terra Community Introduced, Davos Blockchain Speak, and Extra — Bitcoin.com Information Week in Evaluation – The Weekly Bitcoin Information

Share To Your Friends

[ad_1]

From a determined investor’s ill-advised go to to Terra co-founder Do Kwon’s home leading to an arrest, the announcement of a brand new Terra community, and blockchain discuss at Davos, to predictions of U.S. financial collapse if inflation isn’t reigned in shortly, there’s no scarcity of action-packed crypto tales this previous week. With out additional ado, that is the Bitcoin.com Information Week in Evaluation.

LUNA Investor Arrested for Knocking on Do Kwon's Door After Losing $2.4 Million in Terra Crash

LUNA Investor Arrested for Knocking on Do Kwon’s Door After Dropping $2.4 Million in Terra Crash

A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He misplaced about $2.4 million and is now beneath investigation by the South Korean police. “I felt like I used to be going to die,” he stated about dropping his investments.

Learn Extra

A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens

A New Terra Community Is Coming With Help From Main Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens

In line with a latest announcement from the Terra blockchain crew, the neighborhood voted and handed a proposal that plans to launch a brand new genesis model of the Terra blockchain with out an algorithmic stablecoin. The governance proposal known as “Terra Ecosystem Revival Plan 2” has been amended and the ultimate launch of the brand new Terra Core codebase has been launched to organize for the brand new community.

Learn Extra

Billionaire Ray Dalio Speaks in Davos — Says 'Blockchain Is Great, but Let’s Call It a Digital Gold'

Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Nice, however Let’s Name It Digital Gold’

This week the world has been speaking concerning the World Financial Discussion board (WEF) assembly in Davos, Switzerland, which began on Could 22 and ends on Could 26. On the occasion, Bridgewater Associates founder Ray Dalio spoke about at present’s economic system, the Federal Reserve, money, and cryptocurrencies. Dalio famous on the WEF convention that he believes blockchain is nice, however says “let’s name it a digital gold.”

Learn Extra

Billionaire Investor Invoice Ackman Says Except the Fed Aggressively Hikes Charges, Inventory Market May Crash, ‘Catalyzing an Financial Collapse’

Billionaire hedge fund supervisor and founding father of Pershing Sq. Capital Administration, Invoice Ackman, believes “inflation is uncontrolled.” The investor thinks that if the Federal Reserve “doesn’t do its job” by making use of “aggressive financial tightening,” the U.S. economic system might collapse.

Learn Extra

Tags on this story
Arrest, Invoice Ackman, Blockchain, Davos, digital gold, do kwon, financial collapse, Fed, inflation, Investor, LUNA, community, Pershing Sq. Capital Administration, Ray Dalio, Terra, UST, Week in Evaluation, WEF

What are your ideas on this week’s hottest crypto tales from Bitcoin.com Information? Tell us within the feedback part beneath.

Bitcoin.com

Bitcoin.com is your premier supply for the whole lot Bitcoin-related. We might help you purchase bitcoins and select a bitcoin pockets. You too can learn the newest information, or have interaction with the neighborhood on our Bitcoin Discussion board. Please remember that this can be a business web site that lists wallets, exchanges and different Bitcoin-related corporations.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any harm or loss brought about or alleged to be brought on by or in reference to using or reliance on any content material, items or companies talked about on this article.



[ad_2]


Share To Your Friends

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles