Crypto Mash's Podcast: Recent Episodes
Ansir Ali
Crypto Mash is all about Cryptocurrency News & Updates, here we talk about blockchain , Crypto currency , bitcoins. Crypto trading , Latest Upcoming Crypto News & Events.I have been working online since 2017 and my main aim is to spread crypto awareness globally.
2 Genius Have Some Thoughts On Terra’s Demise
Welcome back to Crypto Mash podcast. Today I will share with you thoughts of 2 Genius on Terra’s Demise. The Ethereum founder and Binance CEO separately took to Twitter this weekend to critique Terra—and the very premise of the UST token itself. In the aftermath of last week's historic collapse of Terra’s stablecoin, UST, and native token, LUNA, crypto leaders have emerged to offer their perspectives.
What the hell just happened? Here's a rapid-fire look at the biggest moments that defined the craziest week in crypto history.
Where to begin? In a decade of covering crypto, I've seen a lot of crazy things, but never a week like that. In the past, there have certainly been one-off incidents that have turned the industry upside down—like the 2014 Mt. Gox hack, or Tesla buying $1.5 billion worth of Bitcoin, or Elon Musk shilling Dogecoin on SNL—but never a cascade of events like we just saw. In the coming days, there will be plenty of think pieces about what caused the craziness. And just maybe there will be some earnest self-reflection as to why the crypto community tolerates the people who triggered much of the current mess in the first place. But for now, let's take a breath and take stock of just what the hell happened in crypto's craziest week ever. Here are seven key moments.
Terra co-creator Do Kwon has a plan to revive the network after its collapse. It doesn't involve UST stablecoin.
After a short absence from Twitter and social media, Terra co-creator Do Kwon emerged on Friday to propose an "ecosystem revival plan" for the network.
In it, he suggests that UST is not coming back—and that the Terra blockchain must redistribute tokens to move forward.
Average Ethereum gas prices were on track to quadruple over the past two days, thanks in part to stablecoin transactions.
Ethereum gas prices more than doubled from Tuesday to Wednesday and are on track to double again today, per data from blockchain explorer Etherscan.