Terra


Opinion

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?

(Annie Spratt/Unsplash, modified by CoinDesk)

Finance

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.”

Terra's advertisement displayed at the ballpark of Major League Baseball’s Washington Nationals (Danny Nelson)

Markets

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.

Crypto funds saw their highest inflows since late 2021. (CoinShares)


Advertisement

Finance

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."

(Javardh/Unsplash)

Markets

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.

Singapore (Lauryn Ishak/Bloomberg via Getty Images)

Finance

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 Terra logo inside the luxury club at Nationals Park. (Danny Nelson/CoinDesk)

Markets

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.

(John Ruddock/Unsplash)

Advertisement

Finance

What Happened to the $3.5B Terra Reserve?

Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.

LFG/Gemini (Elliptic)