Terra


Policy

UK Regulator to Consider Terra Coins’ Collapse in New Crypto Rules: Report

Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.

The U.K.'s financial regulator will consider Terra when it puts together new crypto regulations. (Ramberg/Getty Images)

Markets

Avalanche Says Luna Foundation Guard Has 'Disclosed No Plans' for AVAX Tokens

Avalanche, the smart-contracts blockchain, says it is ready to work with Luna Foundation Guard on a “sensible trading strategy” if the tokens were to be sold.

Avalanche (Pixabay)

Tech

Curve Finance Proposes to End CRV Token Emissions on All UST Pools

On-chain participants are already voting “yes” to the measure.

Curve Finance has a market capitalization of $1 billion. (vlastas/iStock/Getty Images Plus)

Markets

Hashed Wallet Takes $3.5B Hit, Delphi Digital Discloses Loss After Terra's LUNA Collapse

Delphi says the LUNA tokens accounted for 13% of its assets under management at their peak, while Hashed appears to have lost over $3.5 billion.

Destruction of a planet (Lucasfilm)

Markets

BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone

The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.

winter_glove_snow_Shutterstock

Finance

Mike Novogratz Ends Twitter Silence, Shares Take on UST/LUNA Crash

The Galaxy Digital CEO confirmed that his company had been taking profits on its Terra holdings this year.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Opinion

What to Watch for in Tether's Upcoming Attestation Report

The leading stablecoin project still hasn’t published its March report attesting to its reserves. Following Terra, investors have a right to more timely information, says our columnist.

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Opinion

Let Terra Die

Do Kwon's proposal to fork the failed stablecoin network isn't what LUNA holders want, nor will it help them.

Terraform Labs CEO Do Kwon (CoinDesk TV, modified)