Terra’s UST and LUNA Collapse: How the Crisis Unfolded
TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.
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May 16, 2022 at 12:19 p.m. UTC
May 16, 2022
UST
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First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.
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May 15, 2022 at 10:59 p.m. UTC
May 15, 2022
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At Nationals Ballpark, Terra’s Bad Week Never Happened
Terra’s $38 million Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans.
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May 15, 2022 at 10:28 p.m. UTC
May 15, 2022
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The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto
When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.
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May 15, 2022 at 3:00 p.m. UTC
May 15, 2022
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How Should Washington Regulate Stablecoins?
Plus a 101 comparison of custodial vs. decentralized stablecoins.
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May 15, 2022 at 1:00 p.m. UTC
May 15, 2022
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What Happened to the $3.5B Terra Reserve?
Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.
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May 14, 2022 at 8:50 p.m. UTC
May 14, 2022
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Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel
The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST.
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May 14, 2022 at 5:03 p.m. UTC
May 14, 2022
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Satoshi's Mission, LUNA, UST and Where Crypto Went Wrong
In 2009, Satoshi Nakamoto encoded a mission statement for the industry in Bitcoin's first block. Essentially, crypto should first do no harm.
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May 14, 2022 at 11:30 a.m. UTC
May 14, 2022
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Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. “The Hash” squad disc...
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May 13, 2022 at 7:17 p.m. UTC
May 13, 2022
Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. “The Hash” squad disc...
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May 13, 2022 at 7:17 p.m. UTC
May 13, 2022