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Terra
Do Kwon: ‘I Am Heartbroken’ Over Pain Caused by UST Collapse
The admission comes after the stunning demise of the Terra blockchain’s flagship project.
Bitcoin Stabilizes Amid Terra Luna Ecosystem Collapse
A wild week for bitcoin as the collapse of Terra’s algorithmic stablecoin TerraUSD (UST) and luna (LUNA) token continues its ripple effects on the crypto industry. CoinDesk’s Brad Keoun and Christie Harkin review the week’s top stories moving the markets.
The Human Cost of Lunatic Hubris
Terraform Labs' Do Kwon and his collaborators sold a bad bet to thousands of everyday folks. We're beginning to see how immense the harm was.
LUNA Exchange-Traded Product Issuances Halted After Price Shellacking
The decisions by three issuers come after the collapse of algorithmic stablecoin UST along with the LUNA ecosystem.
Do Kwon’s Proposed Terra ‘Revival’ Puts UST, LUNA Holders in Charge
A “Revival Plan” submitted Friday by the Terraform Labs CEO would redistribute ownership of the network.
Terra's UST and LUNA Collapse: Warnings and Skepticism in Retrospect
CoinDesk TV has been taking a deep dive into algorithmic stablecoins for months, interviewing experts who sounded the alarm on their potential risks. "First Mover" hosts Christine Lee and Lawrence Lewitinn take a look back at the highlights and the lessons to be learned.
Terra Halts Network; Do Kwon Security Concerns
Terra shuts down indefinitely with luna (LUNA) and TerraUSD (UST) left on life support. Wife of Terraform Labs Founder Do Kwon requests police protection. Tether stabilizes after burning three billion tokens amid redemptions. ETF Securities optimistic on the future of crypto ETFs in Australia.
First Mover Americas: Bitcoin Holds $30K After Turbulent Week, Altcoins Trade Up
The latest moves in crypto markets in context for May 13, 2022.
Terra Blockchain Resumes Following 9-Hour Halt
Blocks 7607790 and 7607791 came through at around 11:27 UTC Friday.
OKX Delists Terra's LUNA and UST Citing User Protection
Both OKX and Binance ended trading related to the Terra tokens after UST lost its dollar peg and LUNA slumped more than 99%, but Binance has since resumed trading in LUNA.
