Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash
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Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more….
Yield generation app Stablegains is facing a lawsuit after losing around $44 million worth of user funds in the Terra collapse when it previously said it allocated funds “across a…
G7 financial officials call on Financial Stability Board to step up crypto regulation—report
Chaos on the crypto market in the wake of the Terra collapse caused a heightened sense of urgency among the ministers to continue regulatory process.
Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15
The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens.
Tether reports 17% decrease in commercial paper holdings over Q1 2022
“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative and liquid," said Paolo Ardoino.
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed.
Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview
Mike McGlone, senior commodity strategist at Bloomberg, and financial commentator Frances Coppola discuss the implications of last week’s Terra collapse in Cointelegraph’s latest interview.
Is Tether’s USDT Going to Pull a UST? Probably Not
Fears over USDTs stability have resulted in more than $9 billion worth of redemptions over the past week. We explore whether investors should be worried about a potential collapse. USDT...
Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside
On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery.
This week’s Law Decoded: Is depegging a real threat to financial stability?
Janet Yellen calls on lawmakers to develop a consistent federal framework for stablecoins, Hester Peirce urges to allow room for failure and more.
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