News Snapshot:
With the nightmarish nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in bitcoin obituaries, and some hopes of a rare triple top for BCT the past week filled with shock, questions, speculation and a broader market resilience in the crypto community. Without further ado, this is your bite-sized roundup of this week’s hottest crypto news. Revealing Terra’s implosion – the big-name backers of Terraform Labs and the “Zero Exposure” claims Terra’s founder Do Kwon revealed a plan on Wednesday, but after a brief cure, Terra’s...
