![](http://blogthishere.s3.amazonaws.com/post_images/b81adb0fabc8e5ec19d854b78f9c2f09.jpg)
Two crypto routs and insolvency worries pertaining to crypto funds including Three Arrows and Celsius have hit the overall market.
![](http://blogthishere.s3.amazonaws.com/post_images/6ecf6da7fb4bda95668a30971a978097.jpg)
A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard told lawmakers in Washington.
![](http://blogthishere.s3.amazonaws.com/post_images/4e64b4a1f5056f81f7358cd4e0748500.jpg)
The Kyiv resident said he wanted to avoid the risks from Russia's war or a currency collapse.
![](http://blogthishere.s3.amazonaws.com/post_images/e1ee79c07cea3642f2ad04f33552201c.jpg)
The issuer of stablecoin tether now holds over a quarter of a billion dollars in non-US debt as part of its reserves, and it has boosted its Treasury holdings.
![](http://blogthishere.s3.amazonaws.com/post_images/07ee17075ea0343b1e022dac7329e8b4.jpg)
It's likely that Changpeng Zhao meant it as a joke as he remains a billionaire, but luna's meltdown has stung investors worldwide.
![](http://blogthishere.s3.amazonaws.com/post_images/b3a4c83308dd67f4a54a3f9f168b0440.jpg)
"It was a big idea that failed," the Galaxy Digital founder and CEO said in a letter to investors about Terra, which crashed last week.
![](http://blogthishere.s3.amazonaws.com/post_images/659f8724f77b5348ad67671482b52108.jpg)
Ackman tweeted his disapproval of Terra, suggesting that the crypto industry should "self-regulate" projects with "no underlying business models."...