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Terra
Former Terra-Linked Project Kujira to Launch Stablecoin
Kujira, the crypto project previously built on the Terra Classic blockchain and moved to layer 1 protocol Cosmos after Terra’s implosion, is close to issuing a stablecoin called USK. "The Hash" hosts weigh in.

Waves Founder on Algorithmic Stablecoin Outlook After Neutrino USDN Depeg
Neutrino USD (USDN), an algorithmic stablecoin of the Waves ecosystem, lost its U.S. dollar peg 38 times since 2020. Waves Founder and Lead Developer Sasha Ivanov addresses the criticisms surrounding algorithmic stablecoins, discussing the “drastic” difference between Terra’s UST and USDN.

Report: Three Arrows Capital Founders Say Terra, GBTC Trades Led to Fund Blowup
Trades involving the Grayscale Bitcoin Trust (GBTC), Terra’s luna (LUNA) and terraUSD (UST) tokens eventually led to the blowup of insolvent crypto hedge fund Three Arrows Capital, the 3AC founders said. “The Hash” panel discuss the latest in the Three Arrows saga.

CryptoQuant CEO: South Korea’s Probe Against Terra Won’t Affect Crypto Markets
Reacting to South Korean prosecutors raiding seven local crypto exchanges and firms as part the investigation into Terra’s collapse, CryptoQuant CEO Ki Young Ju discusses the market sentiment in Korea. Ju explains why “Koreans don’t care [about] exchange raids.” Plus, reactions to Korea postponing its 20% crypto tax until 2025.

Report: Prosecutors Raided 7 Korean Exchanges Amid Terra Probe
Seven crypto exchanges in South Korea have reportedly been raided by prosecutors probing a fraud case in connection with the collapse of algorithmic stablecoin terraUSD (UST) and LUNA. “The Hash” hosts discuss the latest in the Terra turmoil.

Terra Projects Begin Moving to Polygon 2 Months After UST Debacle
Almost two months after Terra collapsed following TerraUSD (UST)’s implosion, more than 48 projects previously on the network have begun migrating to Polygon. “The Hash” squad discusses what this means for the fate of the Terra ecosystem.

Nansen Research: Terra Collapse Triggered StETH’s Depeg
As the Three Arrows Capital (3AC) fiasco continues to ripple through the industry, staked ETH (stETH) has “depegged” from its prior one-to-one relationship with the spot market value of ether.

Bitcoin Holds Above $21K in Weekend Trading
Bitcoin (BTC) is slightly down after a steady weekend of trading around $21,000. 21Shares co-founder and CEO Hany Rashwan discusses his crypto markets outlook and why he expects to see continued correlation with the equities. Plus, the fallout from the Terra ETP fund.

Ledger CEO on Future of Bitcoin, NFTs, Web3
Ledger Chairman and CEO Pascal Gauthier discusses why the crypto wallet provider is expanding into NFTs and Web3 for enterprises during a bear market and what the future holds for the decentralized world. Plus, lessons learned from the downturns of Terra and Celsius.

WallStreetBets Founder: Collective Good is ‘Higher’ Than Sum of Money Lost in Terra Meltdown
WallStreetBets Founder Jaime Rogozinski weighs in on the retail investor movement, future of crypto and why he thinks there is a silver lining in the Terra meltdown.
