UST

In this “Community Crypto” clip, CoinDesk’s Nikhilesh De and Sam Kessler discuss the design flaws of Terra’s algorithmic stablecoin UST as its depeg from the U.S. dollar conti...

By CoinDesk Staff

May 31, 2022 at 2:50 p.m. UTC

May 31, 2022

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Consensus Magazine

Terra

How the US Can Establish Itself as a Crypto Leader

Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.

By Jake Chervinsky

May 27, 2022 at 10:17 p.m. UTC

May 27, 2022

TerraUSTStablecoinJanet YellenCongressOpinionPoliticsUS Congress

New Terra Blockchain Expected to Launch Saturday

Video

Cdtv

New Terra Blockchain Expected to Launch Saturday

Terra’s new blockchain will be launched Saturday followed by an airdrop of new luna tokens to users as part of a broader plan to revive the failing ecosystem. “The Hash” panel...

By CoinDesk Staff

May 27, 2022 at 6:24 p.m. UTC

May 27, 2022

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TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)

Consensus Magazine

Do kwon

Nansen Research Debunks Single 'Attacker' Myth in Terra's Collapse

The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.

By David Z. Morris

May 27, 2022 at 6:18 p.m. UTC

May 27, 2022

Do KwonTerraUSTStablecoinsLuna Foundation GuardNansenOpinionThe NodeNewsletters

Technology

Terra

Terra Devs Need a Home. Other Blockchains Are Courting Them

Armed with multimillion-dollar ecosystem funds, chains like Polygon and Kadena are trying to woo coders whose work is endangered by Terra’s meltdown.

By Tracy Wang

May 26, 2022 at 11:00 p.m. UTC

May 26, 2022

TerraKadenaPolygonUST

Podcasts

Crypto News Roundup for May 25, 2022

With bitcoin seemingly unable to break above the $30,000 threshold, plus a look at the suspects in the cast of the UST collapse, CoinDesk’s "Markets Daily" is back with the la...

By Adam B. Levine Adrian Blust

May 25, 2022 at 7:30 p.m. UTC

May 25, 2022

PodcastsMarkets DailyTerraUSTStablecoins

Markets

First mover

First Mover Asia: Bitcoin Dominates but Altcoins Lurk

Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below...

By Sam Reynolds Damanick Dantes James Rubin

May 24, 2022 at 11:33 p.m. UTC

May 24, 2022

First MoverAsia PacificBitcoinEtherAltcoinsGoogleTerraUST

Policy

South korea

South Korean Authorities Look to More Closely Scrutinize Exchanges Following Terra Meltdown: Report

Around 280,000 South Koreans are believed to have been victims of the abrupt plunge in UST and LUNA.

By Jamie Crawley

May 24, 2022 at 2:14 p.m. UTC

May 24, 2022

South KoreaTerraUST

Policy

Regulations

ECB Warns That Crypto Risks Could Spill Over Into Wider Economy

Given the increasing risks of crypto, it is important to bring it into the regulatory perimeter as a matter of urgency, the European Central Bank said in a report.

By Camomile Shumba

May 24, 2022 at 9:27 a.m. UTC

May 24, 2022

RegulationsECBChristine LagardeTerraStablecoinUSTFiat Currency