Auto Added by WPeMatico

SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure.

Continue ReadingSEC’s Hester Peirce says new stablecoin regs need to allow room for failure

Terra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch

At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed…

Continue ReadingTerra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch

Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims

Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra…

Continue ReadingUncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims