Stablecoin
Terra Blockchain Resumes Following 9-Hour Halt
Blocks 7607790 and 7607791 came through at around 11:27 UTC Friday.
Yellen Call for 'Responsible' Crypto Innovation Is Right
Pennsylvania Congressman Glen Thompson has proposed a thoughtful, well-formulated blueprint for "crypto regulation" that aligns with U.S. Treasury Department’s proposals.
Kevin Zhou on UST's Roller-Coaster Ride and Where It Goes From Here
The Galois Capital co-founder foresaw the problems with UST, and joined CoinDesk TV’s “First Mover” to discuss what could happen to it now.
Ripple Effects of UST Stablecoin Collapse
Stablecoin drama continues to ripple across the crypto markets. The tether (USDT) stablecoin, the world's largest stablecoin by market cap, dipped as low as 96 cents Thursday before bouncing back. Terra's UST stablecoin also tumbled to levels as low as 28 cents. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Market Wrap: Bitcoin Stabilizes as Altcoins Underperform; Expect More Volatility
Analysts expect greater price swings because of macroeconomic risks and ongoing stablecoin woes.
LUNA, UST Issuer Terra Restarts Blockchain After Brief Shutdown
The price of LUNA fell too low to prevent governance attacks, Terraform Labs tweeted when it announced the network had been halted.
'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.
