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.”
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May 16, 2022 at 5:46 p.m. UTC
May 16, 2022
Terra
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Crypto Funds Saw Year's Highest Inflows as Terra Crisis Crashed Markets
Some $274 million flowed into digital asset funds as investors bought the dip, amid a broad crypto-market sell-off triggered by Terra's turmoil.
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May 16, 2022 at 4:57 p.m. UTC
May 16, 2022
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First Mover Americas: May Brings Showers Not Flowers as Bitcoin Languishes in Terra Aftermath
The latest moves in crypto markets in context for May 16, 2022.
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May 16, 2022 at 2:18 p.m. UTC
May 16, 2022
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LFG Reserves Dwindle to Just 313 Bitcoins From 80K After UST Crash
The announcement comes after criticism of the Luna Foundation Guard's "lack of transparency."
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May 16, 2022 at 9:59 a.m. UTC
May 16, 2022
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First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
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.
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May 15, 2022 at 10:59 p.m. UTC
May 15, 2022
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At Nationals Ballpark, Terra’s Bad Week Never Happened
Terra’s $38 million Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans.
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May 15, 2022 at 10:28 p.m. UTC
May 15, 2022
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The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto
When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.
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May 15, 2022 at 3:00 p.m. UTC
May 15, 2022
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How Should Washington Regulate Stablecoins?
Plus a 101 comparison of custodial vs. decentralized stablecoins.
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May 15, 2022 at 1:00 p.m. UTC
May 15, 2022
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What Happened to the $3.5B Terra Reserve?
Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.
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May 14, 2022 at 8:50 p.m. UTC
May 14, 2022
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Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel
The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST.
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May 14, 2022 at 5:03 p.m. UTC
May 14, 2022