Tag: UST
LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt
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Terra-Based DeFi Protocol Anchor Proposes Cutting UST Yield Rates to 4%
“One significant factor for today’s depeg was the release of Terra’s stability reserve into the Anchor reserve every time it was depleted, introducing [...]
Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
The price of LUNA tokens slid 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the value of UST.
www.coind [...]
Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution
“Currently, the burning of UST is too slow to keep pace with the demand for excess UST to exit the system, which is hindered by the BasePool size,” re [...]
Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’
The Terra rescue story continues to unravel. In a tweet thread, the Terra Money Twitter account went into greater detail regarding the CEO of Terrafor [...]
Citadel Securities, BlackRock, Gemini Slam Social Media Accusations of Involvement With UST Collapse
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
Bitcoin at 16-Month Low as UST Collapse Shows Risks of ‘Algo’ Stablecoins
Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $28,500, down about 7%, although it fared better than most other [...]
Regulators Should Pay Attention to UST
Over the weekend, algorithmic stablecoin TerraUSD (UST) broke its peg. It broke it again on Monday, and has yet to recover. Regulators may have to tak [...]
The LUNA and UST Crash Explained in 5 Charts
One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.
www.coindesk.com [...]
Arrington Capital Scrubs $100M Anchor Yield Fund From Website After UST Upheaval
“Risk Harbor Anchor UST insurance hasn't been widely available – we were holding off on taking any third-party funds until we could purchase that insu [...]
Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin have spread wide across the cryptocurrency market on May 11 as p [...]
‘Failure Should Be an Option,’ Senator Pat Toomey Says of UST Turmoil
Pat Toomey, the Senate Banking Committee’s senior Republican, said algorithmic stablecoins may not pose a risk to the financial sector the same way fu [...]
Crypto Fund Arca Doubled Down on UST Amid Stablecoin’s Collapse
“After this analysis, we felt, and continue to feel, that UST will ultimately maintain its peg and a number of attractive opportunities had become ava [...]
Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard
Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still lar [...]
'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg
DAI briefly surpassed UST as the biggest DeFi stablecoin on Wednesday.
www.coindesk.com [...]