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The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.
The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.
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Seoul police are seeking to ban the entity from withdrawing suspected embezzled funds.
Seoul police are seeking to ban the entity from withdrawing suspected embezzled funds.
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The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.
The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.
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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.
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Avalanche, the smart-contracts blockchain, says it is ready to work with Luna Foundation Guard on a “sensible trading strategy” if the tokens were to be sold.
Avalanche, the smart-contracts blockchain, says it is ready to work with Luna Foundation Guard on a “sensible trading strategy” if the tokens were to be sold.
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With bitcoin steadying below $30,000, and a look at the human costs of speculation, CoinDesk’s Markets Daily is back with the latest news roundup.
With bitcoin steadying below $30,000, and a look at the human costs of speculation, CoinDesk’s Markets Daily is back with the latest news roundup.
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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.
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The most valuable crypto stories for Tuesday, May 17, 2022.
The most valuable crypto stories for Tuesday, May 17, 2022.
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The announcement comes after criticism of the Luna Foundation Guard's "lack of transparency."
The announcement comes after criticism of the Luna Foundation Guard's "lack of transparency."
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Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.