digital currencies
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Winklevoss Twins’ Gemini Gets Sued For Allegedly Lying to Federal Regulators
Cameron and Tyler Winklevoss, AKA the Winklevoss Twins, AKA the “Winklevii,” are losing a bit of that crypto-based twinkle in their eyes.
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Luna 2.0 Is Seeing Wild Price Swings Right Out the Starting Gate
Luna 2.0, a Frankenstein cryptocurrency resurrected after its predecessor crashed to near-worthlessness, is already looking pretty haggard out of the starting gate. And like Mary Shelley’s monster, there are signs of more misfortune in the near future.
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Tether and Luna’s Plunge Could Lead to Global Crypto Regulators: Watchdog
On Thursday, the chair of an international financial watchdog said that he expects there will be a global cryptocurrency regulatory body within the next year. In light of recent panicked freefall of multiple “stable” coins, we probably need one.
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Despite Its Name, Terra’s Stablecoin Value Plummets
In yet another case of stablecoins being less-than-stable, terraUSD (UST) plunged below its $US1 ($1.44) price peg for the first time since its inception. Bloomberg spotted the coin slipping to about 99 cents ($1.37) over the weekend, before plunging to roughly 60 cents ($0.83) on Monday night. As of this writing, Coindesk reports that the…