The article discusses various topics related to cryptocurrency, blockchain, and web3. Here are some of the key points:
- Terra’s Community Revives LUNA Cryptocurrency: Terraform Labs’ founder Do Kwon shared a plan to revive the Terra ecosystem after its stablecoin and cryptocurrency nosedived earlier this month. The community has approved a new proposal to create a new Terra 2.0, which some are skeptical will succeed.
- StarkWare Quadruples Valuation to $8B: Crypto markets may be choppy, but big players like StarkWare Industries are still raising capital. They recently raised $100 million at a valuation of $8 billion, quadrupling their valuation from $2 billion in just six months.
- Mastercard Exec is Bullish on Crypto: Despite the recent market correction, Mastercard’s VP of new product development and innovation, Harold Bossé, believes that mass adoption of blockchain technology and digital assets will happen sooner rather than later.
- Luna Foundation Guard Adviser Says Do Kwon Hasn’t Reached Out: Since the UST crash, there have been no meetings with Terra founder Do Kwon, according to one of the four advisers to Luna Foundation Guard.
Other articles on TechCrunch’s Chain Reaction podcast and newsletter include:
- A story about former Bench customers who are unhappy with their experience
- News about China being open to Elon Musk acquiring TikTok US
- An article about a new AI chip startup that will go public in 2025
- A campaign to make Bluesky’s tech "billionaire-proof"
- A report on the Biden admin snubbing Tesla’s $100 million big-rig charging funding request
Overall, these articles highlight the rapidly changing landscape of cryptocurrency and blockchain technology, as well as the ongoing debates and controversies within the industry.