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Terra’s implosion will be remembered as one of the biggest moments in crypto history. Chris Williams tells the story of the blockchain and its controversial founder, Do Kwon. Buying the...
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem…
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before…
Terraform Labs CEO Do Kwon has announced a second revival plan for the failing Terra ecosystem in a Twitter thread. Do Kwon Announces Revival Plan Do Kwon is not ready...
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.
These efforts are sure to help get many Terra projects back on their feet following last week's devastating events.
The Luna Foundation Guard revealed early Monday in a tweetstorm that it had sold off almost its entire Bitcoin reserve in the failed attempt to prevent the meltdown of its...
The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise to compensate the remaining users of failed stablecoin UST.
The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers…
Vitalik Buterin has called for relief for the average UST smallholder who got lured in by promises of high stablecoin yields by crypto influencers.