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Stablecoins' recent de-pegging is not a 'real threat to financial stability,' says Janet Yellen
12.5.2022
Terra's UST dropped as low as $0.29 and Tether's USDT stablecoin briefly de-pegged from the dollar to hit $0.96 on Wednesday
SEC Chair Gensler: Crypto Exchanges Are Trading Against Their Customers Often
12.5.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re market-marking against their customers.” He has raised concerns over crypto trading platforms...
Bitcoin could target $32K, says trader as LUNA crashes below one penny
12.5.2022
Bitcoin price action appears to be back with a bang as record-breaking long leverage builds on Bitfinex
Breaking: Terra blockchain officially halted following LUNA price collapse
12.5.2022
Validators decided to halt chain operations on Thursday in anticipation of governance attacks as the LUNA token plunged over 99%
LUNA Issuer Terra Halts Blockchain After Week of Losses
12.5.2022
The price of LUNA has fallen too low to prevent governance attacks, according to Terraform Labs
Terra, Web 3 and Acceptable Risk in Innovation
12.5.2022
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Binance will delist LUNA/USDT contracts as price falls below 0.005
12.5.2022
The major crypto exchange said on Thursday it would delist the trading pair if the price fell under 0.005 USDT, which has already happened
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
12.5.2022
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed...
Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse
12.5.2022
The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan that resulted in the terra collapse. Blackrock...
Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins
12.5.2022
Established stablecoin trading pairs have struggled to keep stable at crypto exchanges around the world. Here are the updates as the situation evolves
Terra-Based DeFi Protocol Anchor Proposes Cutting UST Yield Rates to 4%
12.5.2022
The proposal comes amid ongoing concerns regarding the long-term stability of Terra tokens LUNA and UST
Terra (LUNA) Cryptocurrency Collapses 98% Overnight!
12.5.2022
The Terra (LUNA) price has fallen 99% within a day. It was one of the top 10 cryptocurrencies, but now its rank has fallen to 121. The market cap has also dropped by more than 76%. The price fall washed away the hard-earned money of the investors. Twitter is overflowing with the news. Many...
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...
Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution
12.5.2022
Terra believes that decreasing the amount of UST in circulation, while increasing the amount of available LUNA, is the easiest way to return the UST to a peg
Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
12.5.2022
The price of LUNA tokens slid 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the value of UST
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