ust

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First Mover Asia: Bitcoin at 16-Month Low as UST Collapse Shows Risks of 'Algo' Stablecoins
A number of algorithm-based stablecoins have already failed; bitcoin and other cryptos see deep red.
CoinDesk - Unknown

CoinDesk - Unknown
Regulators Should Pay Attention to UST
A stablecoin de-pegged. People lost money. It ain’t great.
CoinDesk - Unknown

CoinDesk - Unknown
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.
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CoinDesk - Unknown
Après Terra, le Déluge
The asset, LUNA, once trading over $119, falls to under $1.
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CoinDesk - Unknown
Arrington Capital Scrubs $100M Anchor Yield Fund From Website After UST Upheaval
Founder Michael Arrington cited decreased demand for the decision to remove the fund from the company's website.
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'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.
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'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg
Terra's UST briefly fell below $6.5 billion in market cap on Wednesday morning, allowing DAI to be the fourth-biggest stablecoin on the market for a time.
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Crypto Fund Arca Doubled Down on UST Amid Stablecoin’s Collapse
“UST will ultimately maintain its peg,” the hedge fund told partners Tuesday in a note obtained by CoinDesk.
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UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources
U.S. federal officials aren’t getting together to follow the game plan that’s typical when mainstream financial firms flounder.
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CoinDesk - Unknown
Luna Foundation Guard Adds $100M in BTC to UST Reserves
LFG's balance now sits at $2.26 billion, 75% of which is bitcoin.
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