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Terra
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.

Terra, CEO Do Kwon Ordered to Comply With SEC Subpoena Related to Mirror Protocol Investigation
Terra and Kwon had sought a dismissal, arguing the U.S. Securities and Exchange Commission doesn't have jurisdiction over Kwon or his company.

CoinDesk 20: AVAX, LUNA, MANA, SHIB Are In; Bitcoin Cash, EOS, ETH Classic, Filecoin Are Out
Old guard bows out as layer 1s, metaverse and memes surge in.

Washington Nationals to ‘Explore’ Terra’s UST Stablecoin in DAO-Approved Partnership Deal
The MLB team’s deal with the Terra network is even bigger than previously reported.

Terra Wants to Spend $40M on a Mystery Sports Deal. We Think It’s With This MLB Team
A CoinDesk reporter turns internet sleuth to crack the team name Do Kwon won’t identify.

5 Cryptocurrencies You Can Stake: An In-Depth Guide
Make your crypto work for you and earn passively while holding.

Terra Founder Floats $38M Proposal for American Sports League Deal
Terraform Labs founder Do Kwon floated a funding proposal for $38.5 million from the Terra community treasury to sponsor a major American sports league team he didn’t name. The funding would be in the form of TerraUSD (UST) stablecoins, or tokens pegged on a 1:1 basis with U.S. dollars.

Terra Founder Floats $38M Proposal for American Sports League Deal
Terra founder Do Kwon proposed sponsoring an unidentified major American professional sports league franchise to the tune of $38.5 million.

Stablecoins Won Crypto Markets in January – With 0% Returns
The coins showed the highest returns among the largest cryptocurrencies in January just by holding their peg to the U.S. dollar.

Ethereum Suffers Worst Month in Nearly 2 Years, SOL Falls Even Harder
Most major altcoins have sunk more than bitcoin, with all members of the CoinDesk 20 digital assets deeply in the red in January.
