WTF is NFTEDITION #42, YESTERDAY, 13:05
Take care of your Twitter at an early age OpenSea and frozen Ape. Beeple has been hacked! Which collections to look at? Digest is an aesthete!
News12 May
Is there life in algo stables?
The Federal Reserve has published a report identifying three assets with funding risks: some money market funds, some bond funds and stablecoins. What was next?
Let's go point by point:
- On the same day, Terra UST forgot it was a stable and fell 30%
- Two days later, UST resembled the stablecoin even less, and the price of Terra Luna became quite far from the moon
- Neutrino, FRAX, Celo Dollar and sUSD also did not stand out as stable
As we said before - you have to be extremely careful now.
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