Report: Three Arrows Capital Founders Say Terra, GBTC Trades Led to Fund Blowup
Report: Three Arrows Capital Founders Say Terra, GBTC Trades Led to Fund Blowup
Trades involving the Grayscale Bitcoin Trust (GBTC), Terra’s luna (LUNA) and terraUSD (UST) tokens eventually led to the blowup of insolvent crypto hedge fund Three Arrows Cap...
Report: Three Arrows Capital Founders Say Terra, GBTC Trades Led to Fund Blowup

Terra Projects Begin Moving to Polygon 2 Months After UST Debacle
Terra Projects Begin Moving to Polygon 2 Months After UST Debacle
Almost two months after Terra collapsed following TerraUSD (UST)’s implosion, more than 48 projects previously on the network have begun migrating to Polygon. “The Hash” squad...
Terra Projects Begin Moving to Polygon 2 Months After UST Debacle

Kavita Gupta on 'Cascading Effect' of UST Crash on Crypto Lending & DeFi
Kavita Gupta on ‘Cascading Effect’ of UST Crash on Crypto Lending & DeFi
Kavita Gupta, Delta Blockchain Fund founder and former ConsenSys Ventures head, discusses the “cascading effect” of TerraUSD (UST)’s crash on the wider crypto industry, with c...
Kavita Gupta on 'Cascading Effect' of UST Crash on Crypto Lending & DeFi

Short Sellers Ramping Up Bets Against Tether Amid Market Meltdown
Short Sellers Ramping Up Bets Against Tether Amid Market Meltdown
Institutional investors are increasingly shorting tether (USDT), the world’s largest stablecoin, amid a wider market sell-off and on the heels of TerraUSD (UST)’s collapse. “T...
Short Sellers Ramping Up Bets Against Tether Amid Market Meltdown

Crypto Market Volatility Has Affected User Adoption, Citi Says
Crypto Market Volatility Has Affected User Adoption, Citi Says
In a new report, Citibank notes recent “volatility has affected user adoption.” “The Hash” discusses the latest price action, as cryptocurrencies are below their peak amid mou...
Crypto Market Volatility Has Affected User Adoption, Citi Says

Waves Founder on Stablecoin USDN's Depegging Crisis and Plan Forward
Waves Founder on Stablecoin USDN’s Depegging Crisis and Plan Forward
Neutrino USD (USDN), an algorithmic stablecoin of the Waves ecosystem, lost its U.S. dollar peg in April and again in May amid the collapse of TerraUSD (UST), but has since re...
Waves Founder on Stablecoin USDN's Depegging Crisis and Plan Forward

Nansen Research Indicates There's No Single 'Attacker' in Terra's Collapse
Nansen Research Indicates There’s No Single ‘Attacker’ in Terra’s Collapse
A recent report from Nansen indicates there was no one ‘attacker’ that destabilized the algorithmic stablecoin TerraUSD (UST). Nansen Principal Research Analyst Aurelie Barthe...
Nansen Research Indicates There's No Single 'Attacker' in Terra's Collapse

Avalanche Says Luna Foundation Guard Has ‘No Plans' for AVAX Tokens
Avalanche Says Luna Foundation Guard Has ‘No Plans’ for AVAX Tokens
Smart-contract blockchain Avalanche said in a tweet that Luna Foundation Guard (LFG), the entity behind Terra blockchain’s failed UST stablecoin, has “disclosed no plans” for...
Avalanche Says Luna Foundation Guard Has ‘No Plans' for AVAX Tokens

Bitcoin Dominance Soars to 2022 Highs
Bitcoin Dominance Soars to 2022 Highs
Bitcoin dominance, a measure of BTC’s percentage of total crypto market capitalization, is advancing 1% today and is up ~10% since the collapse of Terra’s LUNA and UST. What d...
Bitcoin Dominance Soars to 2022 Highs

MakerDAO Founder: UST Was a 'Big Ponzi Scheme'
MakerDAO Founder: UST Was a ‘Big Ponzi Scheme’
In the aftermath of TerrUSD’s (UST) $14 billion collapse, Rune Christensen, founder of MakerDAO, a decentralized credit platform on Ethereum that supports the Dai (DAI) stable...
MakerDAO Founder: UST Was a 'Big Ponzi Scheme'