Tag: UST
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
The past week has not been an easy one. After the collapse of the third-largest stablecoin (UST) and what used to be the second largest blockchain aft [...]
Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
Argo was able to sell its UST positions at 93 cents per token before the price fully collapsed, according to Wall. Most recently, UST was still tradin [...]
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now South Ko [...]
US congress research agency weighs in on UST crash, notes gaps in regulation
The Congressional Research Service (CRS), a legislative agency that supports the United States Congress, has published a document that contains a rund [...]
UST Won't Be the End of Algorithmic Stablecoins
UST Won't Be the End of Algorithmic Stablecoins
www.coindesk.com [...]
Morgan Stanley Says NFTs Next to Watch After UST Collapse
“Hyped and leveraged areas of crypto, such as decentralized finance (DeFI) and crypto-backed stablecoins, are seeing mass liquidations, as it is becom [...]
Luna Foundation Guard Left With 313 Bitcoin After UST Crash
In one of the calamitous events in crypto memory, the $40 billion Terra ecosystem collapsed last week when the UST stablecoin — which is supposed to b [...]
UK Treasury en route to legalizing stablecoins amid Terra’s UST crash
United Kingdom’s Department of Treasury, or Her Majesty's Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. Wh [...]
The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto
On the bright side, somehow bitcoin didn’t completely collapse. Over 80,000 BTC from that almost $4 billion treasury was potentially sold (we can’t ye [...]
Satoshi's Mission, LUNA, UST and Where Crypto Went Wrong
Satoshi's Mission, LUNA, UST and Where Crypto Went Wrong
www.coindesk.com [...]
Do Kwon: ‘I Am Heartbroken’ Over Pain Caused by UST Collapse
The admission comes after the stunning demise of the Terra blockchain’s flagship project.
www.coindesk.com [...]
Stablecoin Issuers Speak Out as UST Craters
Since Terra began blowing up, DAI, the five-year-old overcollateralized stablecoin overseen by the MakerDAO community, has held its peg and carried ou [...]
Do Kwon Proposes Restart of Terra Blockchain as UST, LUNA Plummet
The plan comes as Terra’s terraUSD (UST) stablecoin, which is supposed to be pegged to the price of $1, “death spiraled” below 15 cents this week – wi [...]
Binance suspends LUNA and UST trading amid issues on Terra blockchain
Global cryptocurrency exchange Binance has suspended trading pairs with Terra ecosystem's cryptocurrencies, LUNA and UST, on its platform following th [...]
OKX Delists Terra's LUNA and UST Citing User Protection
Margin, borrowing services have paused since Asian morning hours, and UST pairings would be terminated later today.
www.coindesk.com [...]