Terra
NEAR Token Jumps Over 20% After UST Integration
Tokens of the layer 1 blockchain are up 23% after Terra said its UST stablecoins would be supported on the network.
NEAR Surges Over 20% Following Terra UST Integration
Tokens of Near (NEAR) jumped 23% to $10.80 Wednesday following Terra’s announcement UST stablecoins will be supported on the network. “The Hash” panel discusses where this recent update places Near in the competition against other proof-of-stake chains like Avalanche, Solana, and Terra. Plus, the potential significance of having stablecoins on multiple networks as a tool for scaling DeFi.
Terra’s LUNA Notches New Record High Above $90 Even as ‘Shorts’ Keep Piling
LUNA has rallied 58% this month, decoupling from the broader market.
Terra Surpasses Binance Smart Chain as Second-Largest DeFi Protocol
Amidst Terraform Labs' ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), its decentralized payments network Terra has officially become the second-largest DeFi protocol behind Ethereum. “The Hash” team discusses what separates Terra from its competitors like Solana and Avalanche. Plus, examining the SEC’s ability to regulate overseas companies.
Do Kwon, Terra Claim SEC Violated Procedure in Ongoing Legal Fight
CoinDesk’s Nikhilesh De discusses the latest legal battle between Do Kwon of TerraForm Labs and the U.S. Securities and Exchange Commission (SEC) as the regulator conducts an ongoing investigation of Terra’s Mirror Protocol.
Terra Becomes Second-Largest DeFi Protocol, Surpassing Binance Smart Chain
Over $18 billion in value is locked on just 13 projects on Terra.
Do Kwon, Terra Claim SEC Violated Procedure in Ongoing Legal Fight
Terra’s Mirror Protocol, which allows users to trade synthetic stocks and other “mirrored assets,” is at the heart of the battle.
First Mover Asia: Cryptos Inch Downward in Light Trading
But terra hit an all-time high and shiba inu was up over 5% at one point before dropping into red.
Most Influential 2021: Do Kwon
Terraform Labs has built the most successful algorithmic stablecoin yet. And a recent SEC subpoena shows just how important decentralization is.
Polkadot, Solana, Terra, Lead Large-Cap Losses Amid Broader Market Drop
Cryptocurrencies fall heading into the weekend following a global sell-off in risk assets.
