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Grape Finance Secures GRAPE Stablecoin with Chainlink
12.5.2022
Grape Finance has integrated Chainlink Price Feeds, gaining access to high-quality and tamper-proof price data. Users benefit from the integration as they are assured that MIM price data is now hyper-resistance to data manipulation. Chainlink Price Feeds has been integrated by Grape Finance...
LUNA Dives Below USD 0.05, UST Trends Lower Despite New Rescue Plans
12.5.2022
The two most-discussed tokens this week - luna (LUNA) and terraUSD (UST) kept moving lower, despite the team behind these projects announcing "three more emergency actions" in an attempt to save the UST algorithmic stablecoin....
Read More: LUNA Dives Below USD 0.05, UST Trends Lower Despite...
Market Panic Puts Tether Peg Under Pressure
12.5.2022
A panic across the crypto market early Thursday morning in Europe put the stablecoin tether (USDT)’s US dollar peg under pressure, with the token trading as low as USD 0.91 on some exchanges. The crash has led some to wonder why arbitrage traders don’t seem to want “free money.”...
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USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in
12.5.2022
LUNA/UST debacle leads to discrepancies in BTC-stablecoin trading pairs across global cryptocurrency exchanges
Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’
12.5.2022
The Terra Money Twitter account shared the finer points on Do Kwon's initial rescue plan: expanding the base pool, burning UST and staking LUNA
Citadel Securities, BlackRock Claim They Had No Role in the UST Collapse
12.5.2022
Global market maker Citadel Securities and major asset manager BlackRock have denied involvement in the collapse of Terra's algorithmic stablecoin TerraUSD (UST).
The assertions came after a conspiracy theory that alleged Citadel Securities and BlackRock made a coordinated attack on UST...
Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents
12.5.2022
USDT is the latest stablecoin causing nervousness as Tether insists that operations are continuing as normal
Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
11.5.2022
Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options
Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard
11.5.2022
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000
Crypto Fund Arca Doubled Down on UST Amid Stablecoin’s Collapse
11.5.2022
“UST will ultimately maintain its peg,” the hedge fund told partners Tuesday in a note obtained by CoinDesk
Why did Terra LUNA and UST crash? | Find out on The Market Report
11.5.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the Terra ecosystem meltdown
Crisis in Terra's UST Stablecoin Spreads to Neutrino USD on Waves Protocol
11.5.2022
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
11.5.2022
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower...
UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex-Terra Colleagues Say
11.5.2022
Basis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees
Avalanche drops 30% on fears Terra's LFG will dump AVAX next
11.5.2022
Luna Foundation Guard is emptying its crypto reserves to bring its stablecoin back to its $1-peg, risking a massive AVAX selloff
Terra founder Do Kwon shares plan to save the UST stablecoin peg
11.5.2022
Do Kwon, the humbled co-founder of Terraform Labs, has shared a rescue plan for the de-pegged stablecoin UST
US SEC Chair Worries 'Commingling' by Crypto Exchanges Could Endanger Clients’ Assets
11.5.2022
Cryptoasset exchanges are not placing walls between respective parts of their activities, such as trading, custody, and marketing services, which could lead to the “commingling” of their activities, and put their clients’ interests in jeopardy, according to Garry Gensler, Chair of the U.S....
LUNA, UST Move Closer to Zero, as Do Kwon Asks Holders to ‘Stay Strong’
11.5.2022
Do Kwon has urged holders of LUNA to “stay strong,” as the price moves ever closer to zero. Following the UST stablecoin losing parity with USD, prices have plunged, falling to a new low this morning. LUNA, UST Tumble Toward Zero As of writing, LUNA/USD is trading at $5.45, which...
UST and LUNA Keep Collapsing, No Word from Do Kwon on Promised 'Recovery Plan'
11.5.2022
Both terraUSD (UST) and terra (LUNA) still can't find their price bottom today.
UST, the algorithmic stablecoin built on the Terra blockchain, is continuing to collapse on Wednesday, after initially losing its US dollar peg on Monday. The price crash comes as Terra founder Do Kwon has gone...
Aktuální bitcoionový výprodej a rozbitý algoritmický stablecoin
11.5.2022
Algoritmické stablecoiny nejsou jednoduše navázané na krycí aktivum, typicky fiat měnu nebo komoditu, ale tvoří je amalgám kryptoaktiv, chytrých algoritmů a teorie her. Co to může způsobit?