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Terra

Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Video
Cdtv
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Tron founder Justin Sun discusses his take on the Terra ecosystem in the wake of UST’s meltdown, the risks and benefits of algorithmic stablecoins, the impact of Tether’s USDT...
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
By CoinDesk Staff
May 20, 2022 at 2:40 p.m. UTC
May 20, 2022
cdtvFM ClipTetherUSDTJustin SunTronTerraalgorithmic stablecoinsUSTusdd
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Video
Cdtv
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Tron founder Justin Sun discusses his take on the Terra ecosystem in the wake of UST’s meltdown, the risks and benefits of algorithmic stablecoins, the impact of Tether’s USDT...
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
By CoinDesk Staff
May 20, 2022 at 2:40 p.m. UTC
May 20, 2022
cdtvFM ClipTetherUSDTJustin SunTronTerraalgorithmic stablecoinsUSTusdd
CoinDesk placeholder image
Finance
First mover
First Mover Americas: Bitcoin Heads for Record 8-Week Losing Streak
The latest moves in crypto markets in context for May 20, 2022.
CoinDesk placeholder image
By Bradley KeounShaurya MalwaParikshit Mishra
May 20, 2022 at 2:20 p.m. UTC
May 20, 2022
First MoverMarketsTradingBitcoinTerra
(Ralph Mayhew/Unsplash)
Markets
Terra
It’s Not Just LUNA. Terra’s DeFi Apps Have Hemorrhaged $28B
Investors have largely exited the Terra ecosystem – now evident in DeFi protocols on the blockchain – and analysts remain skeptical about its long-term prospects.
(Ralph Mayhew/Unsplash)
By Shaurya Malwa
May 20, 2022 at 12:50 p.m. UTC
May 20, 2022
TerraDeFiInvesting
The U.K.'s financial regulator will consider Terra when it puts together new crypto regulations. (Ramberg/Getty Images)
Policy
Regulations
UK Regulator to Consider Terra Coins’ Collapse in New Crypto Rules: Report
Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.
The U.K.'s financial regulator will consider Terra when it puts together new crypto regulations. (Ramberg/Getty Images)
By Camomile Shumba
May 20, 2022 at 9:06 a.m. UTC
May 20, 2022
RegulationsFCATreasuryStablecoinsTerraUST
Avalanche (Pixabay)
Markets
Luna foundation guard
Avalanche Says Luna Foundation Guard Has 'Disclosed No Plans' for AVAX Tokens
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 (Pixabay)
By Tracy Wang
May 19, 2022 at 9:50 p.m. UTC
May 19, 2022
Luna Foundation GuardAvalancheTerra
Markets Daily Podcast Cover
Podcasts
Podcasts
Crypto News Roundup for May 19, 2022
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.
Markets Daily Podcast Cover
By Adam B. LevineAdrian Blust
May 19, 2022 at 3:47 p.m. UTC
May 19, 2022
PodcastsMarkets DailyLuna Foundation GuardTerraUST
(vlastas/iStock/Getty Images Plus)
Technology
Terra
Curve Finance Proposes to End CRV Token Emissions on All UST Pools
On-chain participants are already voting “yes” to the measure.
(vlastas/iStock/Getty Images Plus)
By Shaurya Malwa
May 19, 2022 at 10:54 a.m. UTC
May 19, 2022
TerraStablecoinsCurve FinanceUST
Destruction of a planet (Lucasfilm)
Markets
Delphi digital
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.
Destruction of a planet (Lucasfilm)
By Sam Reynolds
May 19, 2022 at 10:28 a.m. UTC
May 19, 2022
Delphi DigitalLuna Foundation GuardTerraUSTDo Kwon