Terra
Terra's $38.5M Nationals Sponsorship Unfazed by UST Turmoil
Terra protocol's dramatic death spiral last week did not significantly impact its presence at the ballpark of Major League Baseball’s Washington Nationals. Terra signed a DAO-approved, five-year advertising deal with the Nationals in February for $38.5 million. "The Hash" panel discusses the latest in the Terra saga and what it reveals about the reality of major crypto sponsorship deals.
UST Won't Be the End of Algorithmic Stablecoins
The trail for a monetary "Holy Grail" continues, despite Terra’s collapse. So what do we do about it?
Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’
“$UST peg failure is Terra’s DAO hack moment,” the Terraform Labs CEO wrote, “a chance to rise up anew from the ashes.”
Crypto Funds Saw Year's Highest Inflows as Terra Crisis Crashed Markets
Some $274 million flowed into digital asset funds as investors bought the dip, amid a broad crypto-market sell-off triggered by Terra's turmoil.
First Mover Americas: May Brings Showers Not Flowers as Bitcoin Languishes in Terra Aftermath
The latest moves in crypto markets in context for May 16, 2022.
LFG Reserves Dwindle to Just 313 Bitcoins From 80K After UST Crash
The announcement comes after criticism of the Luna Foundation Guard's "lack of transparency."
First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.
At Nationals Ballpark, Terra’s Bad Week Never Happened
Terra’s $38 million Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans.
The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto
When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.
