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Terra
South Korea's Financial Watchdog to Expedite New Crypto Rules: Report
Thirteen bills related to virtual assets are waiting to be debated in Parliament, the chairman of the Financial Services Commission said.
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.
Tether Finds Stable Dollar Peg After Terra's Collapse
While tether has passed the market's stress test with a return to normalcy, concerns about its reserves will linger, one trader said.
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.
Three Arrows Capital Founders Say Terra, GBTC Trades Led to Fund Blowup: Report
“What we failed to realize was that luna was capable of falling to effectively zero,” Three Arrows Capital co-founder Su Zhu said.
South Korean Prosecutors Raid Terra Co-Founder Daniel Shin's Home: Report
The authorities are continuing their investigation into fraud allegations at the center of the Terra collapse.
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.
Prosecutors Raid 7 Korean Exchanges Amid Terra Probe: Report
Seven exchanges and eight other addresses have been raided in connection to the Terraform Labs fraud investigation.
