Terraform Labs Shares “Emergency” Plans as LUNA Breaks Below Five Cents

Share this text Terraform Labs has endorsed a plan to speed up the UST burn price in an try to avoid wasting Terra from collapsing.  Terra Goals to Keep away from Collapse ... Read more »

Tether’s USDT Stablecoin Loses Peg Amid UST Disaster

Key Takeaways Tether’s USDT has misplaced its peg to the greenback. USDT briefly traded as little as $0.95 earlier than recovering to $0.99. A number of different stablecoins are buying and selling... Read more »

Tether’s USDT Stablecoin Loses Peg Amid UST Disaster

Key Takeaways Tether’s USDT has misplaced its peg to the greenback. USDT briefly traded as little as $0.95 earlier than recovering to $0.99. A number of different stablecoins are buying and selling... Read more »

Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock, and crypto trader receives jail sentence for a ponzi scheme: Hodler’s Digest, May 8-14

Coming each Saturday, Hodler’s Digest will make it easier to observe each single necessary information story that occurred this week. One of the best (and worst) quotes, adoption and regulation highlights, main... Read more »

Tether’s USDT Stablecoin Loses Peg Amid UST Disaster

Key Takeaways Tether’s USDT has misplaced its peg to the greenback. USDT briefly traded as little as $0.95 earlier than recovering to $0.99. A number of different stablecoins are buying and selling... Read more »

Tether’s USDT Stablecoin Loses Peg Amid UST Disaster

Key Takeaways Tether’s USDT has misplaced its peg to the greenback. USDT briefly traded as little as $0.95 earlier than recovering to $0.99. A number of different stablecoins are buying and selling... Read more »

Terra founder reportedly has link to failed stablecoin, Basis Cash

A former Terra Labs worker has reportedly revealed that Terra co-founder Do Kwon was one of many creators of Foundation Money. This algorithmic stablecoin failed final yr, a Coindesk report has revealed. Citing... Read more »

Terra’s UST drops 850 basis points against the dollar, loses peg

UPDATE: UST is now buying and selling at $0.91 as of seven.42GMT Might 9 and seems to have misplaced its greenback peg. Fears that TerraUSD (UST) will de-peg following weekend volatility have... Read more »