Terra
CoinShares' Losses From Terra's Slide Hit $21.4M
Liquidating the digital asset firm's position was a "humbling lesson," the CEO said.
The Rise and Fall of Terra vs. Bitconnect
CoinDesk’s Nikhilesh De discusses how the $14 billion crash of Luna Foundation Guard’s Terra protocol compares with the $2.4 billion global Bitconnect Ponzi scheme. Plus, CoinDesk’s Sam Kessler on what the future holds for stablecoins.
Examining Terra’s UST Stablecoin and Luna Token Crashes
CoinDesk’s Nikhilesh De and Sam Kessler join “Community Crypto” host Isaiah Jackson to discuss the collapse of the Terra protocol as its UST stablecoin remains deep in the sub-dollar doldrums and LUNA, its sister token, has fallen over 99% from its 2022 high.
UST’s Design Flaws and Red Flags
In this “Community Crypto” clip, CoinDesk’s Nikhilesh De and Sam Kessler discuss the design flaws of Terra’s algorithmic stablecoin UST as its depeg from the U.S. dollar continues to have ripple effects across the crypto industry. What were the red flags? Plus, Do Kwon’s earlier failed stablecoin project, Basis Cash.
UK Government Proposes Stablecoin Safeguards After Terra Collapse
The measure would give the Bank of England more power over failed stablecoin issuers.
Terra's New Luna Token Surges 40% After Listing on Binance
Terra's new luna token has attracted more than $850 million in trade volume over the past 24-hours as it begins to build momentum.
Terra’s Mirror Protocol Allegedly Suffers New Exploit
Community users are raising the alarm about a possible bug in the LUNC pricing oracles.
How the US Can Establish Itself as a Crypto Leader
Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.
UK Crypto Hedge Fund Weathers Market Storm With Arbitrage Strategy
Nickel Digital Asset Management’s arbitrage fund is only down about 0.6% this year, compared to bitcoin’s drop of roughly 40% and the Nasdaq’s dip of 24%.
