Weekly News: -60% Market Dive, Liquidation, Anchor Protocol Congested but Stable, Columbus 5 & Ozone

Bites Digital Group - A podcast by Bites Digital Group

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*Disclaimer: not advice. See more below.*   May 19, the worst day in crypto markets in recent memory, by the numbers. Liquidations and congestion hit all platforms, from CeFi sites like Coinbase and Kraken to DeFi platforms to websites like CoinGecko and CoinMarketCap.   But also, the resilience of DeFi and stablecoins was demonstrated under extreme conditions.   We talk about what happened, and in particular what Anchor Protocol experienced during this time and what is next in plans to harden the protocol even further.   ***   Stay up to date with Terra Bites, the place to get news, interviews, and explainers on the Terra DeFi Crypto Ecosystem. Reach out to [email protected] or @TerraBitesPod on Telegram.    Vote for the Terra Bites validator using Terra Station or https://station.terra.money​      Follow us on Twitter at https://twitter.com/TerraBitesPod​ and add Terra Bites to your favorite podcast app at http://terrabit.es​    *Disclaimer: Terra Bites is for informational and educational purposes only. Nothing on this show is advice - no financial, tax, legal, or any other kind of advice. Nothing we say is an inducement to make a particular investment or follow a particular strategy. Anything you invest in is at your own risk; do your own research and consult with professionals.*