What now for stablecoins following the Terra UST disaster?
It’s been over a week since Terra UST de-pegged, triggering a massive market drawdown. UST’s market cap plummeted from $18.7...
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LUNA, UST investors in S.Korea want to seize Do Kwon’s properties
South Korean investors that have been financially damaged by the TerraUSD (UST) and LUNA fiasco are reportedly seeking legal action...
2022’s crypto market crash: UST depeg, bitcoin selling
On Wednesday, the UST stablecoin, which is supposed to maintain a one-to-one peg to the U.S. dollar, had flatlined at...
UST, LUNA mess hits S.Korean P2E tokens; stocks bleed red
TerraUSD (UST) and LUNA’s crash is causing tension among South Korean play-to-earn (P2E) projects and their tokens, such as C2X,...
Global Watchdogs to Regulate Stablecoins Following TerraUSD (UST) Fiasco
The catastrophic failure of Terra’s algorithmic stablecoin, TerraUSD (UST), last week exacerbated the chaos in the crypto industry and accelerated...
LFG looks to compensate small holders of UST
The Luna Foundation Guard (LFG) Monday said it is looking to use assets remaining with it to compensate UST users,...
What happened to the bitcoin reserve behind Terra’s UST stablecoin?
Bitcoin fell below the $26,000 level since December 2020. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO | Future...
The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash
Bitcoin BTC , ethereum and cryptocurrency prices have been left reeling from the collapse of the terraUSD (UST) stablecoin and...
Luna Crypto Crash: How UST Broke, Why It Matters and What’s Next
The cryptocurrency market isn't pretty right now. Red is everywhere: bitcoin and ether are at their lowest points since 2020,...
Will USDT Survive the UST Meltdown?
Investors have been focusing on the Tether price after this week’s implosion of Terra USD. The USDT price dropped to...