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UST
Jump Crypto Booked $1.28B in Profits as Terra's Ecosystem Crumbled: Sources
When U.S. regulators sued Do Kwon and Terraform Labs this week for the spectacular implosion of their UST stablecoin and related LUNA token, a huge question was left unanswered: who was the trading partner that booked $1.28 billion in profits as Terra’s $40 billion ecosystem crumbled? According to CoinDesk sources, it was Jump Crypto, a company whose parent has deep roots in conventional finance that’s become a giant in digital assets. “The Hash” panel discusses the latest developments after the SEC released a 55-page document detailing various charges of fraud against Do Kwon and Terraform Labs.
Gumastos ang LUNA Foundation Guard ng $2.8B sa Pagtatanggol sa UST Peg, Third-Party Audit Finds
Ibinasura ng founder ng Terraform Labs na si Do Kwon ang mga pagkakatulad sa pagbagsak ng FTX.
Swan Bitcoin CEO on Sam Bankman-Fried's Downfall
Last month, Swan Bitcoin CEO Cory Klippsten said "Scam Bankman-Fried" was next to go down after the $60 billion collapse of Terra's luna and UST led by Terraform Labs co-founder Do Kwon. Klippsten joins "All About Bitcoin" to discuss what he got right about the imploding crypto exchange FTX and where it's headed next.
Do Kwon Denies Manipulation Allegation in Laura Shin Interview, Report Suggests Kwon Transited via Dubai
"The Hash" panel discusses the key takeaways from Terraform Labs co-founder Do Kwon's interview with "Unchained" podcast host Laura Shin amid rumors he has left Singapore for Dubai, and whether Kwon's earlier failed algorithmic stablecoin Basis Cash could have been an indication of UST's fate.
Crypto Market Volatility Has Affected User Adoption, Citi Says
In a new report, Citibank notes recent “volatility has affected user adoption.” “The Hash” discusses the latest price action, as cryptocurrencies are below their peak amid mounting concerns over stablecoins following the collapse of TerraUSD (UST).
The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA
Isang detalyadong timeline ng paglalakbay ni Terra mula sa underdog na simula nito bilang isang payments app sa South Korea hanggang sa $60 bilyon Crypto ecosystem hanggang sa ONE sa mga pinakamalaking pagkabigo sa Crypto.
Nansen Research Indicates There's No Single 'Attacker' in Terra's Collapse
A recent report from Nansen indicates there was no one 'attacker' that destabilized the algorithmic stablecoin TerraUSD (UST). Nansen Principal Research Analyst Aurelie Barthere joins "First Mover" to discuss the on-chain analytics firm's findings.
Examining Terra’s UST Stablecoin and Luna Token Crashes
CoinDesk’s Nikhilesh De and Sam Kessler join “Community Crypto” host Isaiah Jackson to discuss the collapse of the Terra protocol as its UST stablecoin remains deep in the sub-dollar doldrums and LUNA, its sister token, has fallen over 99% from its 2022 high.