Tag: UST

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Celsius Troubles, UST Collapse Could Have Long-Term Benefits for Crypto, FSInsight Says

Celsius Troubles, UST Collapse Could Have Long-Term Benefits for Crypto, FSInsight Says

The combination of macro headwinds and over-leveraged yield strategies has resulted in the forced selling of cryptocurrencies in the last few days, wi [...]
Binance.US faces class-action lawsuit over LUNA and UST sale

Binance.US faces class-action lawsuit over LUNA and UST sale

Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and Ter [...]
Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST

Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST

Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month [...]
How UST Collapse Is Affecting Remaining Stablecoins

How UST Collapse Is Affecting Remaining Stablecoins

The loss of the UST coin has had a ripple effect on the crypto industry for several weeks now. Some stablecoins are still doing very well, while other [...]
Corea del Sur investiga a Terra Labs por supuesta malversación de bitcoin tras el colapso de UST, según informe

Corea del Sur investiga a Terra Labs por supuesta malversación de bitcoin tras el colapso de UST, según informe

Desde la implosión de la criptomoneda estable de Terra, la compañía ha lanzado un nuevo token (LUNA) que se envió vía airdrop a los titulares anterior [...]
South Korea Investigates Terra Labs For Alleged Bitcoin Embezzlement Following UST Collapse: Report

South Korea Investigates Terra Labs For Alleged Bitcoin Embezzlement Following UST Collapse: Report

South Korean authorities are investigating Terraform Labs following the implosion of algorithmic stablecoin UST last month. www.coindesk.com [...]
We Need to Talk About Exchanges That Sell You Coins Like UST

We Need to Talk About Exchanges That Sell You Coins Like UST

CoinDesk Editor-in-Chief Kevin Reynolds alerted me this week to a striking Linkedin post by a Coinbase (COIN) staffer. In the post, apparently now del [...]
Two key takeaways from Nansen’s UST stablecoin depeg report

Two key takeaways from Nansen’s UST stablecoin depeg report

As the dust settles on the cataclysmic collapse of the Terra ecosystem, an on-chain deep-dive carried out by blockchain analytics firm Nansen highligh [...]
Terra to burn 1B UST from the community pool as holders vote for it

Terra to burn 1B UST from the community pool as holders vote for it

In another attempt to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, [...]
Tether ‘Transparency Is Needed’ Following Terra’s UST Collapse: Analyst

Tether ‘Transparency Is Needed’ Following Terra’s UST Collapse: Analyst

The director of blockchain market research said Tether should be more transparent about “what they actually hold on their balance sheets,” on CoinDesk [...]
Regulators Are Paying Attention to UST

Regulators Are Paying Attention to UST

The introduction of the Libra stablecoin project led to, years later, multiple regulatory approaches and the certainty that sooner or later, governmen [...]
Terra’s amended revival plan would decrease the allocation for post-attack UST holders

Terra’s amended revival plan would decrease the allocation for post-attack UST holders

After a grueling two weeks for the Terra community, the team behind the project announced revisions to their proposed revival plan for Terra (LUNA) an [...]
G7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report

G7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report

"In light of the recent turmoil in the crypto-asset market, the G7 urges the FSB (Financial Stability Board)...to advance the swift development and im [...]
Curve Finance Proposes to End CRV Token Emissions on All UST Pools

Curve Finance Proposes to End CRV Token Emissions on All UST Pools

4pool was launched in early April and is composed of two decentralized stablecoins, UST and Frax Finance's FRAX, and two centralized stablecoins, USD [...]
Terra Backers Delphi Digital and Hashed Lick Their Wounds After UST and Luna Collapse

Terra Backers Delphi Digital and Hashed Lick Their Wounds After UST and Luna Collapse

“We believed a high level of external collateralization was a necessity in the long run, and we saw this as a path to get there. Unfortunately, it did [...]
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