UST
Terra Founder Do Kwon Arrested In Montenegro
Longtime Critic FatMan Hails Law Enforcement Action As Victory For Crypto Space
HUSD Stablecoin Delisted After Losing its Dollar Peg
Huobi Exchange Boots HUSD After Stablecoin Tumbles to 33 Cents
Two Traders Targeting 3Pool Poleaxed Terra: Report
Chainalysis Finds 150M UST Withdrawal from Curve Pool Triggered Chain Reaction
New LUNA Coin Surges While Terra Controversy Escalates
The Terra token has approximately doubled in price two days after its launch, even as controversy surrounding Terra and the activities of its founders continues to grow. Terra airdropped Terra 2.0’s LUNA to holders of the network tokens of the fallen Terra Classic chain – what’s now known as Luna Classic (LUNC), and the network’s…
Terra Founder Faces Government Investigations, Lawsuits, and $78M Fine for Tax Evasion
South Korean authorities have formed an emergency financial crimes unit to investigate the collapse of stablecoin protocol Terra, and fined the protocol’s founder, Do Kwon, $78M for tax evasion, local media reported. The government agencies want to understand why UST, Terra’s US dollar stablecoin, lost its peg on May 9. The crash wiped $18 billion…
Algorithmic Stablecoin Landscape Suffers Tremors After Terra Crash
Terra’s UST collapse has shattered the foundations of the algorithmic stablecoin market.
Terra Temporarily Halts Blockchain To Prevent Governance Attack
The Terra blockchain was halted to deploy an emergency upgrade intended to forestall governance attacks.
Terra’s UST Rebounds To $0.90 After Depegging by 40%
Terra’s stablecoin UST, the poster child for decentralized assets tied to the US dollar, is off its peg by the most ever as its backbone, the LUNA token, dives.
Waves' USDN Stablecoin Loses Peg as Accusations of Ponzi Schemes Fly
Waves' high flying token and stablecoin have crashed after peaking on March 31.
Jump and Three Arrows Lead $1B LUNA Buy to Secure UST Against Black Swans
Proceeds of $1B LUNA sale will be used to secure Terra's stablecoins.
