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Terra
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.

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.

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.

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.

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.

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.

Celsius Troubles, UST Collapse May Help Crypto Long Term, FSInsight Says
The firm sees good buying opportunity now for bitcoin.

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.

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.

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.
