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CDCROP: DO KWON (Terra, modified by CoinDesk)
Luna Foundation Guard Spent $2.8B Defending UST Peg, Third-Party Audit Finds
Terraform Labs founder Do Kwon dismissed similarities with the collapse of FTX.
CDCROP: DO KWON (Terra, modified by CoinDesk)

Markets Daily Podcast Cover
Crypto News Roundup for Aug. 23, 2022
With the total crypto market capitalization falling below the $1 trillion mark, plus the taboo topic at South Korea’s Blockchain Week, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

Tether se mantiene estable en la paridad con el dólar por primera vez en dos meses. (Kaiko Asset Prices)
Tether encuentra paridad estable con el dólar tras colapso de Terra
Aunque la stablecoin ha pasado el estrés de mercado con un retorno a la normalidad, persistirán las preocupaciones sobre sus reservas, dijo un trader.
Tether se mantiene estable en la paridad con el dólar por primera vez en dos meses. (Kaiko Asset Prices)

Dólar estadounidense. (Chris Rogers/Getty Images)
Fondos de inversión y traders cripto recortan Tether tras la implosión de UST, según informe
Las posiciones tienen un valor de al menos “cientos de millones” de dólares, dijo un trader.
Dólar estadounidense. (Chris Rogers/Getty Images)

Moon
The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA
A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
Moon

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How the US Can Establish Itself as a Crypto Leader
Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.
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TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)
Nansen Research Debunks Single 'Attacker' Myth in Terra's Collapse
The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.
TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)

Luna. (Ralph Mayhew/Unsplash)
Terra lanzaría su nueva blockchain el sábado, seguida del airdrop de LUNA
Serán las primeras acciones de un plan más amplio para ayudar a revivir el ecosistema Terra y sus tokens.
Luna. (Ralph Mayhew/Unsplash)

Competing blockchains are looking to woo Terra's developers. (Pixabay)
Terra Devs Need a Home. Other Blockchains Are Courting Them
Armed with multimillion-dollar ecosystem funds, chains like Polygon and Kadena are trying to woo coders whose work is endangered by Terra’s meltdown.
Competing blockchains are looking to woo Terra's developers. (Pixabay)

Markets Daily Podcast Cover
Crypto News Roundup for May 25, 2022
With bitcoin seemingly unable to break above the $30,000 threshold, plus a look at the suspects in the cast of the UST collapse, CoinDesk’s "Markets Daily" is back with the latest news roundup.
Markets Daily Podcast Cover