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Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
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Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized ...

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Chairmen from the SEC and CFTC talk crypto regulation at ISDA meeting
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Rostin Behnam and Gary Gensler make their positions clear in keynote addresses at the annual meeting of the ISDA with Sam Bankman-Fried in attendance.

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5 state regulators allege organization is tied to Russia, scamming users using metaverse casino
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"The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds," said the regulators.

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Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard
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Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000.

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Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
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In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers.

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ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?
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A botched minting process and the collapse of Otherdeed’s price have taken a toll on ApeCoin, leading investors to question APE’s future utility and value.

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Why did Terra LUNA and UST crash? | Find out on The Market Report
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On this week’s special episode of “The Market Report,” Cointelegraph’s resident experts discuss the Terra ecosystem meltdown.

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Price analysis 5/11: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
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The implosion of the Terra ecosystem appears to be manifesting contagion that is negatively impacting Bitcoin and altcoins.

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FTX US applies for trust charter in New York
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Crypto exchanges Coinbase and BitGo have previously received trust charters from New York's financial regulator, allowing the firms to offer crypto custody ...

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This week’s whipsaw market movements test NFT traders’ resolve — What’s next?
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NFT prices take a hit alongside the sharp correction in the crypto market and only time will tell whether the current downturn was a buying opportunity.

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Bitcoin price reclaims $30K as Bitcoin Cash hits fresh record low against BTC
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Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.

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Celsius Network execs deny rumors of significant losses amid market volatility
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"Our front office teams think and act like risk managers to ensure that we are not exposed in any significant way to market swings," said Celius chief ...

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