E42 S2 - Do Kwon Cancels Crypto?!?

Do Kwon Cancels Crypto?!? This week has been utter madness, everyone’s eyes were locked on the car crash catastrophe that was UST. It’s failings that were due to its algorithmic nature, yield cuts and token dumps from big money investors. Do Kwon is watching all of this unfold and really understanding the true definition of karma.   UST and LUNA Crash What was one of the largest stablecoins, TerraUSD (UST), fell from grace after it depegged from its $1 value on Monday and since dropped as much as 70% to $0.2998, when it was never supposed to deviate from the dollar-equivalent value. Recently, the blockchain behind the Luna token stopped processing new transactions for the second time in less than a day.   WWOC: Vatican Museum to open an NFT gallery of its art collection The Vatican Museum will be using launching an NFT gallery to launch great Itallian artists into the metaverse. The partnership between the Vatican’s non-profit organization Humanity 2.0 Foundation and Sensorium promises to create the first-ever virtual reality (VR) and non-fungible token (NFT) gallery, hosting the Vatican’s art, content and academic initiatives, including manuscripts and masterpieces.   What we cover in this episode Crypto market recap TerraLuna and UST Crash Do Kwan Doh Moments Weird World of Crypto Big Interviews Lined Up Final Thoughts If you or anyone that you know has been affected by this crash and is looking for someone to talk to, local resources can be found here: https://checkpointorg.com/global/   TODAYS SPONSOR: YIELD APP Yield App is an innovative digital asset wealth platform that allows you to earn passive income on the world’s leading digital assets. What we really like about Yield App is that it’s a licensed fintech company built by a team with a strong background in traditional finance. Yield App offers instant asset conversions, fiat on-ramp, auto compounding, and security features such as activity log, transaction history, and more. Simply deposit your digital assets and click earn to start receiving daily rewards! And if you’re a corporate client Yield App offers a secure treasury for your digital assets. Its dedicated relationship management team is on hand 24/7 to facilitate a stress-free experience.   Ways to connect with Cryptopulse  Twitter: https://twitter.com/crypto_pulse    Instagram: https://www.instagram.com/crypto_pulse     LinkedIn: https://www.linkedin.com/company/cryptopulse     Website: http://www.cryptopulse.co.uk     Ways to connect with Kevin and Ben Kevin Twitter: https://twitter.com/KevinBasham    Ben Twitter: https://twitter.com/bdrsquared       Thanks for listening and don’t forget to subscribe so you can be notified when we release a new episode.   About Cryptopulse Downloaded & listened to in over 100 countries. Cryptopulse is here to guide you through the crypto universe with thought-provoking topics, in-depth knowledge & information to help you make informed decisions.