Terra

Some $7 million flowed out of digital asset funds in the week through April 22. (CoinShares)
Crypto Funds Saw Minor Outflows Last Week
Some $7 million flowed out of digital asset funds in the week through April 22.
Some $7 million flowed out of digital asset funds in the week through April 22. (CoinShares)

How Luna Foundation Guard Became the 'Most Followed' Bitcoin Whale
How Luna Foundation Guard Became the ‘Most Followed’ Bitcoin Whale
CoinDesk Reporter Krisztian Sandor discusses the Luna Foundation Guard’s bitcoin reserves for the UST stablecoin, noting the nonprofit organization as the “most followed whale...
How Luna Foundation Guard Became the 'Most Followed' Bitcoin Whale

TerraForm Labs founder and CEO Do Kwon (CoinDesk TV, modified by CoinDesk)
Bailout Fund, Backstop or Bouncy Ball? Here's How LFG's Bitcoin 'Reserve' Might Work
Developers of the fast-growing UST stablecoin say the coin's $1 value peg isn't "backed" by anything – just a blockchain-based algorithm. So why does it need a multibillion-do...
TerraForm Labs founder and CEO Do Kwon (CoinDesk TV, modified by CoinDesk)

A bank run in progress at New York City's American Union Bank on April 26, 1932. A run on an algorithmic stablecoin would similarly leave some depositors empty-handed. (Wikimedia)
‘Built to Fail’? Why TerraUSD’s Growth Is Giving Finance Experts Nightmares
The Terra/Luna blockchain is growing at a blinding pace. At its heart, according to some critics, is a ticking time bomb.
A bank run in progress at New York City's American Union Bank on April 26, 1932. A run on an algorithmic stablecoin would similarly leave some depositors empty-handed. (Wikimedia)

LUNA-UST Stablecoin Shows Risks of Destabilization, Law Professor Says (Ganapathy Kumar/Unsplash)
The Risks Behind LUNA-UST Stablecoin, According to a Bearish Academic
The Terra ecosystem's breakout success may be "unsustainable," University of Calgary law professor Ryan Clements said on CoinDesk TV's “First Mover.”
LUNA-UST Stablecoin Shows Risks of Destabilization, Law Professor Says (Ganapathy Kumar/Unsplash)

CoinDesk - Unknown
Frax, Terra-Backed 4pool Goes Live on Fantom Network, Attracts $31M
Frax is working on supporting Fantom projects interested in joining the yield pool, its founder confirmed.
CoinDesk - Unknown

Systemic Risks in Terra LUNA Ecosystem
Systemic Risks in Terra LUNA Ecosystem
Professor Ryan Clements of the University of Calgary discusses the dynamics of the Terra LUNA ecosystem as UST becomes the third-largest stablecoin. Clements explains the syst...
Systemic Risks in Terra LUNA Ecosystem

Prices for LUNA hit another record high in just a month. (Annie Spratt/Unsplash)
Terra’s LUNA Surges 17% as UST Becomes Third-Largest Stablecoin
Terra has also purchased record amounts of Convex tokens in the past month, research found.
Prices for LUNA hit another record high in just a month. (Annie Spratt/Unsplash)

Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Twitter/Bitfinex, modified by CoinDesk)
Tether's Paolo Ardoino on UST: 'It's All Fun and Games' Until You're a $100B Coin
The algorithmic stablecoin's growth has surpassed its larger rivals.
Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Twitter/Bitfinex, modified by CoinDesk)

Terraform Labs CEO Do Kwon on CoinDesk TV in December, 2021. (CoinDesk screenshot)
First Mover Asia: Terra Is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend Trading
The Luna Foundation Guard now holds about $1.7 billion in bitcoin, but crypto markets seem unimpressed with its purchases this year; bitcoin and ether are flat.
Terraform Labs CEO Do Kwon on CoinDesk TV in December, 2021. (CoinDesk screenshot)