MakerDAO Founder on Regulating Stablecoins
MakerDAO Founder on Regulating Stablecoins
Following the crash of Terra’s algorithmic stablecoin UST, what—if any—regulation should be in place to prevent a similar disaster in the future? MakerDAO Founder Rune Christe...
MakerDAO Founder on Regulating Stablecoins

Swan Bitcoin CEO: Terra Was a 'Ponzi Scheme'
Swan Bitcoin CEO: Terra Was a ‘Ponzi Scheme’
Swan Bitcoin CEO Cory Klippsten discusses why he’s “not surprised” about the collapse of Terra’s UST and LUNA, saying “their whole scheme was a ponzi scheme.” Plus, his take o...
Swan Bitcoin CEO: Terra Was a 'Ponzi Scheme'

Citi: Fallout From Terra Collapse Unlikely to Hit Wider Financial System
Citi: Fallout From Terra Collapse Unlikely to Hit Wider Financial System
Citi’s analysts said the recent weakness in bitcoin and equities, triggered in part by the collapse of the Terra ecosystem, seems contemporaneous and doesn’t show any lag or l...
Citi: Fallout From Terra Collapse Unlikely to Hit Wider Financial System

Morgan Stanley: NFTs Next to Watch After UST Collapse
Morgan Stanley: NFTs Next to Watch After UST Collapse
In the wake of Terra’s UST and LUNA crash, Morgan Stanley says the most speculative and leveraged areas of crypto markets are now in focus, such as NFTs and digital land. “The...
Morgan Stanley: NFTs Next to Watch After UST Collapse

Terra Luna Crash Brings Stablecoins Under Regulatory Scrutiny
Terra Luna Crash Brings Stablecoins Under Regulatory Scrutiny
CoinDesk’s Nikhilesh De discusses the impact of algorithmic stablecoin TerraUSD’s (UST) downfall on the U.S. crypto regulatory landscape. Last week U.S. Treasury Secretary Jan...
Terra Luna Crash Brings Stablecoins Under Regulatory Scrutiny

OKX Exec on Impact of Terra Ecosystem's 'Death Spiral'
OKX Exec on Impact of Terra Ecosystem’s ‘Death Spiral’
The $14 billion collapse of the Terra network continues to have a ripple effect throughout the crypto industry. Lennix Lai, director of financial markets at Seychelles-based c...
OKX Exec on Impact of Terra Ecosystem's 'Death Spiral'

Terra's UST and LUNA Collapse: How the Crisis Unfolded
Terra’s UST and LUNA Collapse: How the Crisis Unfolded
TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.
Terra's UST and LUNA Collapse: How the Crisis Unfolded

Galaxy Digital Sees Quarter-to-Date Loss of $300M
Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. “The Hash” squad disc...
Galaxy Digital Sees Quarter-to-Date Loss of $300M

Galaxy Digital Sees Quarter-to-Date Loss of $300M
Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. “The Hash” squad disc...
Galaxy Digital Sees Quarter-to-Date Loss of $300M

LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt
LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt
Despite a second halt of the Terra blockchain by its validators, its luna (LUNA) token and TerraUSD (UST) algorithmic stablecoin remain available to trade on FTX and other cry...
LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt