Terra, Celsius, 3AC Impacted Markets Worse Than FTX
According to findings from Chainalysis, the decline of Terra, Celsius, and 3AC had a greater negative impact on the markets than did the collapse of FTX.
According to findings from Chainalysis, the decline of Terra, Celsius, and 3AC had a greater negative impact on the markets than did the collapse of FTX.
A Redditor said that the failure of all unsuccessful crypto businesses was due to the fact that they were all centralized, not because they were crypto.
Ex-DeFi developer Andre Cronje calls regulators to impose stricter regulation amongst actors in the crypto space. Read CNL.
Founders of 3AC confirmed that Terra and GBTC trades destroyed the firm’s crypto fund. Co-founder Su Zhu admitted that 3AC failed to realize that…