The fallout from LUNA is reaching multiple market sectors, but there was still other news besides the crash.
The threat of contagion from Terra’s apparent collapse could take months or even years to fully quantify, but it looks like the howls of crypto winter are growing louder. Luckily, blockchain projects are
. They will continue to build. Can you wait a little while longer to realize your digital-asset investment thesis?The fallout from the UST/LUNA fiasco, a crypto-focused wealth management platform that was allegedly “wiped out” due to the events of the past 72 hours. But, nothing could be further from the truth, Celsius’ leadership team confirmed Wednesday.
Notwithstanding the extreme market volatility, Celsius has not experienced any significant losses and all funds are safe.FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund If you had managed to read anything other than Terra news this week, you would’ve known that a prominentraised $350 million for a new crypto and fintech venture capital fund. Fasanara Capital, which manages $3.5 billion in assets, has identified Web3 and crypto as a major investment opportunity — so much so that it’s planning to make bigger equity commitments to startups than traditional venture firms. Venture firms don’t care about crypto market cycles.
. If you’re feeling nervous about the market, check out what Nubank’s executive team has to say about crypto’s potential in the region.
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