do kwon

CoinDesk - Unknown
The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA

A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.

A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.

CoinDesk - Unknown

CoinDesk - Unknown
Hashed Wallet Takes $3.5B Hit, Delphi Digital Discloses Loss After Terra's LUNA Collapse

Delphi says the LUNA tokens accounted for 13% of its assets under management at their peak, while Hashed appears to have lost over $3.5 billion.

Delphi says the LUNA tokens accounted for 13% of its assets under management at their peak, while Hashed appears to have lost over $3.5 billion.

CoinDesk - Unknown

CoinDesk - Unknown
Let Terra Die

Do Kwon's proposal to fork the failed stablecoin network isn't what LUNA holders want, nor will it help them.

Do Kwon's proposal to fork the failed stablecoin network isn't what LUNA holders want, nor will it help them.

CoinDesk - Unknown

CoinDesk - Unknown
Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’

“$UST peg failure is Terra’s DAO hack moment,” the Terraform Labs CEO wrote, “a chance to rise up anew from the ashes.”

“$UST peg failure is Terra’s DAO hack moment,” the Terraform Labs CEO wrote, “a chance to rise up anew from the ashes.”

CoinDesk - Unknown

CoinDesk - Unknown
What Happened to the $3.5B Terra Reserve?

Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.

Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.

CoinDesk - Unknown

CoinDesk - Unknown
Satoshi's Mission, LUNA, UST and Where Crypto Went Wrong

In 2009, Satoshi Nakamoto encoded a mission statement for the industry in Bitcoin's first block. Essentially, crypto should first do no harm.

In 2009, Satoshi Nakamoto encoded a mission statement for the industry in Bitcoin's first block. Essentially, crypto should first do no harm.

CoinDesk - Unknown

CoinDesk - Unknown
Do Kwon: ‘I Am Heartbroken’ Over Pain Caused by UST Collapse

The admission comes after the stunning demise of the Terra blockchain’s flagship project.

The admission comes after the stunning demise of the Terra blockchain’s flagship project.

CoinDesk - Unknown

CoinDesk - Unknown
The Human Cost of Lunatic Hubris

Terraform Labs' Do Kwon and his collaborators sold a bad bet to thousands of everyday folks. We're beginning to see how immense the harm was.

Terraform Labs' Do Kwon and his collaborators sold a bad bet to thousands of everyday folks. We're beginning to see how immense the harm was.

CoinDesk - Unknown

CoinDesk - Unknown
Regulators Should Pay Attention to UST

A stablecoin de-pegged. People lost money. It ain’t great.

A stablecoin de-pegged. People lost money. It ain’t great.

CoinDesk - Unknown

CoinDesk - Unknown
The LUNA and UST Crash Explained in 5 Charts

One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.

One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.

CoinDesk - Unknown