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Terra
Crypto Futures See $300M in Losses After Spot Market Drops
Nearly 80% of long positions were liquidated over 24 hours, with $90 million in losses on bitcoin futures alone.
DeFi Traders Push Terra’s UST Stablecoin to $10B Market Cap
The coin has surpassed Binance Smart Chain in total value locked amid rapid DeFi growth.
DeFi Value on Terra Surges to Record $21B as LUNA Tops $100
Thursday’s dip to $85 for LUNA tokens was erased overnight.
NEAR Token Jumps Over 20% After UST Integration
Tokens of the layer 1 blockchain are up 23% after Terra said its UST stablecoins would be supported on the network.
NEAR Surges Over 20% Following Terra UST Integration
Tokens of Near (NEAR) jumped 23% to $10.80 Wednesday following Terra’s announcement UST stablecoins will be supported on the network. “The Hash” panel discusses where this recent update places Near in the competition against other proof-of-stake chains like Avalanche, Solana, and Terra. Plus, the potential significance of having stablecoins on multiple networks as a tool for scaling DeFi.
Terra’s LUNA Notches New Record High Above $90 Even as ‘Shorts’ Keep Piling
LUNA has rallied 58% this month, decoupling from the broader market.
Terra Surpasses Binance Smart Chain as Second-Largest DeFi Protocol
Amidst Terraform Labs' ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), its decentralized payments network Terra has officially become the second-largest DeFi protocol behind Ethereum. “The Hash” team discusses what separates Terra from its competitors like Solana and Avalanche. Plus, examining the SEC’s ability to regulate overseas companies.
Do Kwon, Terra Claim SEC Violated Procedure in Ongoing Legal Fight
CoinDesk’s Nikhilesh De discusses the latest legal battle between Do Kwon of TerraForm Labs and the U.S. Securities and Exchange Commission (SEC) as the regulator conducts an ongoing investigation of Terra’s Mirror Protocol.
Terra Becomes Second-Largest DeFi Protocol, Surpassing Binance Smart Chain
Over $18 billion in value is locked on just 13 projects on Terra.
Do Kwon, Terra Claim SEC Violated Procedure in Ongoing Legal Fight
Terra’s Mirror Protocol, which allows users to trade synthetic stocks and other “mirrored assets,” is at the heart of the battle.