UST

Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System
Recent weakness in bitcoin and equities looks contemporaneous and doesn’t show any lag or lead effect, the bank’s analysts said.

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?

Terra’s UST and LUNA Collapse: How the Crisis Unfolded
TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.

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.

What Happened to the $3.5B Terra Reserve?
Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.




