Bloomberg Technology

Failed Terra Stablecoin Rescue Costs $2.9B

Ava Labs President John Wu joins Bloomberg’s Taylor Riggs and Sonali Basak to discuss the future of stablecoins after Terra’s implosion, and gives his take on the current crypto winter and volatility.

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Ava Labs President John Wu joins Bloomberg’s Taylor Riggs and Sonali Basak to discuss the future of stablecoins after Terra’s implosion, and gives his take on the current crypto winter and volatility.

19 Comments

  1. Crypto Wire

    May 16, 2022 at 11:07 pm

    Luna, Is Going insane

    • AskCase

      May 17, 2022 at 12:09 am

      I didn’t know what a luna was until front page of WSJ. Now i have a ledger wallet and am learning about terra network and planning to buy some luna coin (lunatic coin ahaha, i like it) or is it a terra coin? I think terra is the tech platform. Obviously their idea of an algo stable coin failed but sometimes a bankruptcy (all OG investors wiped out) can bring in new owners to relaunch the company. I feel like this Defi world is more like a distributed company with employees and i agree what he is saying how the retail investor matters much more here.

  2. Nash Felix

    May 16, 2022 at 11:08 pm

    I keep on getting $380,000 every week from a new trading platforms in town.

    • Olivia Smith

      May 16, 2022 at 11:24 pm

      Expert traded my 1.2BTC to 2.6BTC in just 3weeks of Trading. Am buying a new house in Florida next week all thanks to Mrs Hilda.

    • Larbi BENLARBI

      May 16, 2022 at 11:38 pm

      @military base That’s just an INDIAN SCAMMER… He took all my money

    • Magaji Kolo

      May 16, 2022 at 11:47 pm

      How was your experience trading with mrs Hilda Zepeda?

    • celina ituah

      May 16, 2022 at 11:47 pm

      @Magaji Kolo My experience with mrs Hilda Zepede is the best and over the years trading with her has been so smooth. Trading with Mrs Hilda Zepeda makes me fulfilled because of the huge monthly profits am getting from my investment through mrs Hilda

    • Teresa Kaye

      May 16, 2022 at 11:49 pm

      She helped me recover what I lost trying to trade myself

  3. Crypto Wire

    May 16, 2022 at 11:08 pm

    I just covered Luna in my last video 🔥🚀

  4. TJ SoLetsGo

    May 16, 2022 at 11:10 pm

    No more FRACTIONAL RESERVES!!!

  5. Googlebanmetoomuch 2

    May 16, 2022 at 11:16 pm

    This is the entire point of defiance. No rules, no laws, no regulations. A currency owned by no one. If a bunch of people want to take thier money out there’s no reason why they can’t!👿✊️

  6. pandu pujo

    May 16, 2022 at 11:32 pm

    Expecting more experiment? Tf he is thinking. In this every predatory experiment, a lot of money and future wasted

  7. Jojo Transelanin

    May 16, 2022 at 11:36 pm

    ফেলিসিডেস, এটি মিনাংকাবাউ উদাহরণ। 250 sentadillas son unos Kimmy-jka.Monster muchas y un buen ejercicio. 5:25 Dadi dejan ver que hay muy buenos ফলাফল 😍👍

  8. Stacy Wong

    May 17, 2022 at 12:43 am

    The crypto market has been unfavorable in the past weeks, I’ve lost a lot of money already and I’m most certainly impatient right now,How can i ever make a profit in cryptocurrency

    • Elvis Mark

      May 17, 2022 at 12:54 am

      I agree, day trading is complex when you have limited knowledge. But with the right strategy, you can earn a lot from it.

    • great williams

      May 17, 2022 at 12:56 am

      🙂i ve Been using his signals, and so far they haven’t faltered in giving me good results

    • laura wei

      May 17, 2022 at 12:57 am

      I am never bothered about the current price I make a profit of 4.6 BTC he runs program for financial backers/novices who need understanding on how exchanging Bitcoin functions.

    • Harry Waterfall

      May 17, 2022 at 12:59 am

      I invested with Alvin too, he understands every beginners intention and fix you to a trading plan that matches your capacity

    • alex NG

      May 17, 2022 at 1:18 am

      Alvin’s daily signal is top-rated and one of the best you could get when it comes to trading crypto.. bitcoin to the moon

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