stablecoin

CoinDesk - Unknown
Kevin Zhou on UST's Roller-Coaster Ride and Where It Goes From Here

The Galois Capital co-founder foresaw the problems with UST, and joined CoinDesk TV’s “First Mover” to discuss what could happen to it now.

The Galois Capital co-founder foresaw the problems with UST, and joined CoinDesk TV’s “First Mover” to discuss what could happen to it now.

CoinDesk - Unknown

CoinDesk - Unknown
Market Wrap: Bitcoin Stabilizes as Altcoins Underperform; Expect More Volatility

Analysts expect greater price swings because of macroeconomic risks and ongoing stablecoin woes.

Analysts expect greater price swings because of macroeconomic risks and ongoing stablecoin woes.

CoinDesk - Unknown

CoinDesk - Unknown
Crypto News Roundup for May 12, 2022

With bitcoin traders taking a beating overnight as Tether’s USDT stablecoin loses its $1 peg, plus a look at where the collapse of Terra’s stablecoin may fit in a history of self-delusion, CoinDesk’s Markets Daily is back with the latest news roundup.

With bitcoin traders taking a beating overnight as Tether’s USDT stablecoin loses its $1 peg, plus a look at where the collapse of Terra’s stablecoin may fit in a history of self-delusion, CoinDesk’s Markets Daily is back with the latest news roundup.

CoinDesk - Unknown

CoinDesk - Unknown
LUNA, UST Issuer Terra Restarts Blockchain After Brief Shutdown

The price of LUNA fell too low to prevent governance attacks, Terraform Labs tweeted when it announced the network had been halted.

The price of LUNA fell too low to prevent governance attacks, Terraform Labs tweeted when it announced the network had been halted.

CoinDesk - Unknown

CoinDesk - Unknown
'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil

The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.

The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.

CoinDesk - Unknown

CoinDesk - Unknown
Crisis in Terra's UST Stablecoin Spreads to Neutrino USD on Waves Protocol

Algorithmic stablecoins are under pressure after Terra's UST lost its $1 peg.

Algorithmic stablecoins are under pressure after Terra's UST lost its $1 peg.

CoinDesk - Unknown

CoinDesk - Unknown
Anchor Community Submits Proposal to Restore UST Peg

Algorithmic stablecoin TerraUSD has fallen sharply from its $1 peg over the past 48 hours.

Algorithmic stablecoin TerraUSD has fallen sharply from its $1 peg over the past 48 hours.

CoinDesk - Unknown

CoinDesk - Unknown
UST Backer LFG Seeks $1B to Shore Up Stablecoin Peg: Report

The funding is needed because the dollar-pegged stablecoin dropped as low as 60 cents Monday amid broader market turmoil.

The funding is needed because the dollar-pegged stablecoin dropped as low as 60 cents Monday amid broader market turmoil.

CoinDesk - Unknown

CoinDesk - Unknown
UST Stablecoin Loses Dollar Peg for Second Time in 48 Hours, LUNA Market Cap Falls Below UST's

The development comes after the Luna Foundation Guard announced that its massive bitcoin reserves will be used to defend UST’s dollar peg.

The development comes after the Luna Foundation Guard announced that its massive bitcoin reserves will be used to defend UST’s dollar peg.

CoinDesk - Unknown

CoinDesk - Unknown
UST Stablecoin Briefly Loses Peg, Luna Drops 10%

The Saturday event led to questions about whether Terra’s bitcoin reserves will soon face their first test

The Saturday event led to questions about whether Terra’s bitcoin reserves will soon face their first test

CoinDesk - Unknown