Terra


Opinion

The Case for Suing Celsius, Terraform Labs

A securities lawyer discusses the duty of care crypto lenders may have for customer deposits and whether UST's founders misled the public.

If Celsius or Luna took your money, can you sue? (Tingey Injury Law Firm/Unsplash, modified by CoinDesk)

Policy

Stablecoins Could Still Dominate Post-Terra, S&P Says

Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.

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Videos

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.

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Finance

Terraform Labs, Founder, VC Firms Sued on Claims That Investors Were Misled

The plaintiff alleges the so-called "Terra Tokens" resembled securities, regardless of investor perception.

(Javardh/Unsplash)

Tech

Wallet That Helped Trigger UST Implosion Linked by Analysis Firm to Terra Developer

The popular decentralized stablecoin lost its dollar peg and fell to pennies in May. A South Korean blockchain analysis firm suggests the death spiral was sparked by transactions from a wallet linked to the lead Terra developer – though any motivation or rationale remains a mystery.

Terraform Labs CEO Do Kwon (CoinDesk TV, modified)

Finance

Lido Finance Warns Leverage Is a ‘Hell of a Drug’

After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn’t.

leverage (Shutterstock)

Layer 2

Crypto Market Chaos: No, Lido Is Not ‘the Next Terra’

After over $1 billion in liquidations in just 24 hours, DeFi’s wild west period may be drawing to a close – but not everything’s a sham.

(Jaroslaw Kwoczala/Unsplash)

Finance

Celsius Troubles, UST Collapse May Help Crypto Long Term, FSInsight Says

The firm sees good buying opportunity now for bitcoin.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Layer 2

Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’

Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform had misled investors.

Swan Bitcoin CEO Cory Klippsten (CoinDesk TV, modified by CoinDesk)

Finance

Binance.US Accused of Misleading Investors in Class-Action Lawsuit Over Terra

More than 2,000 investors are a part of the class-action lawsuit.

Credit: Shutterstock