New Money Review

Exchanges stop Solana withdrawals

June 2, 2022 Comments are Disabled

Several exchanges have halted withdrawals of the Solana cryptocurrency after a software problem caused developers to halt its network for several hours yesterday. Binance, Coinbase, FTX and Crypto.com reported (or […]

Justin Sun goes where Terra/LUNA failed

May 28, 2022 Comments are Disabled

It’s hard to stamp out a bad idea in cryptocurrency. Shortly before the Terra (UST) stablecoin collapsed earlier this month, destroying most of the $50bn once invested in it and […]

Crypto lender Celsius under pressure

May 27, 2022 Comments are Disabled

Cryptocurrency lender and deposit-taker Celsius Network is under increasing pressure after this month’s rout in stablecoins. As at 06.00 GMT on 27 May, Celsius’s native token $CEL was trading at […]

Securities finance underlies every business story

May 24, 2022 Comments are Disabled

Take any story in the daily business news and there’s likely to be a securities finance angle to it, says Roy Zimmerhansl, my guest in the latest episode of the […]

Tether’s accountant waves red flag

May 21, 2022 Comments are Disabled

The language used by Tether’s accountant in the latest quarterly attestation report suggests it’s worried about the future existence of the stablecoin. Tether has since undergone a sharp contraction since […]

Stablecoins give regulators a headache

May 19, 2022 Comments are Disabled

Better-regulated digital money tokens are the real threat to the financial system. Last week’s Terra ($UST) collapse was hardly surprising: backed by little but hot air and an online cult, […]

Did Terra operators bail out crypto whales?

May 16, 2022 Comments are Disabled

The operators of the collapsed Terra stablecoin ($UST) last week allowed selected holders of the dollar token to cash out at close to 100 cents in the dollar, using cryptocurrency […]

Tether tremors sink crypto

May 12, 2022 Comments are Disabled

Contagion from the stablecoin collapse that started on Monday with Terra is now affecting the largest dollar token, Tether, hitting the broader cryptocurrency markets. At 07.00 UTC on Thursday 12 […]

Terra bailout fails

May 11, 2022 Comments are Disabled

Attempts to recapitalise the third-largest dollar stablecoin failed dramatically last night, sending Terra (UST) and its sister token Luna into a death spiral. After Terra lost its dollar peg on […]

Terra depletes reserves in stablecoin panic

May 10, 2022 Comments are Disabled

Terra’s $1 per token market value was supposed to be kept in place by an algorithm. But the stablecoin’s sudden failure has led to a bailout attempt involving the world’s […]

Breaking News

Other News

Exchanges stop Solana withdrawals

Justin Sun goes where Terra/LUNA failed

Crypto lender Celsius under pressure

Securities finance underlies every business story

Tether’s accountant waves red flag

Stablecoins give regulators a headache

Did Terra operators bail out crypto whales?

Tether tremors sink crypto

Terra bailout fails

Terra depletes reserves in stablecoin panic

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