THE HASH: Crypto Markets Pressure Continues as Terra Proposes a Fix for UST Slide

The most valuable crypto stories for Thursday, May 12, 2022. 

“The Hash” panel tackles the collapse of UST stablecoin and luna token as it continues its ripple effects on the crypto markets. However, Terra says it has a plan to fix things. Nevertheless, the global crypto regulators are coming. Cathie Wood’s Ark Invest doubles down on buying up more sliding Coinbase stock.

Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Visit coindesk.com/consensus2022 to get your pass today.

This episode has been edited by Michele Musso. Our Executive Producer is Jared Schwartz  Our theme song is “Neon Beach.”

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