TerraUSD
Swan Bitcoin CEO: Terra Was a 'Ponzi Scheme'
Swan Bitcoin CEO Cory Klippsten discusses why he's "not surprised" about the collapse of Terra's UST and LUNA, saying "their whole scheme was a ponzi scheme." Plus, his take on the whereabouts of Terra's bitcoin reserves.
Citi: Fallout From Terra Collapse Unlikely to Hit Wider Financial System
Citi's analysts said the recent weakness in bitcoin and equities, triggered in part by the collapse of the Terra ecosystem, seems contemporaneous and doesn’t show any lag or lead effect. "The Hash" hosts discuss the details of the bank's notes and outlook for global finance.
Morgan Stanley: NFTs Next to Watch After UST Collapse
In the wake of Terra’s UST and LUNA crash, Morgan Stanley says the most speculative and leveraged areas of crypto markets are now in focus, such as NFTs and digital land. “The Hash” team discusses the details of Morgan Stanley’s research report and what they might’ve gotten wrong.
Terra Luna Crash Brings Stablecoins Under Regulatory Scrutiny
CoinDesk's Nikhilesh De discusses the impact of algorithmic stablecoin TerraUSD's (UST) downfall on the U.S. crypto regulatory landscape. Last week U.S. Treasury Secretary Janet Yellen pushed for stablecoin regulation during an annual testimony before the Senate Banking Committee, citing UST woes. Is stricter stablecoin regulation on the horizon?
OKX Exec on Impact of Terra Ecosystem’s ‘Death Spiral’
The $14 billion collapse of the Terra network continues to have a ripple effect throughout the crypto industry. Lennix Lai, director of financial markets at Seychelles-based crypto exchange OKX, discusses Terra’s “death spiral” and its fallout on platforms that listed LUNA and UST.
Terra’s UST and LUNA Collapse: How the Crisis Unfolded
TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.
Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. "The Hash" squad discusses the potential connection to UST's collapse and what the future holds for Galaxy.
Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. "The Hash" squad discusses the potential connection to UST's collapse and what the future holds for Galaxy.
LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt
Despite a second halt of the Terra blockchain by its validators, its luna (LUNA) token and TerraUSD (UST) algorithmic stablecoin remain available to trade on FTX and other crypto exchanges. “The Hash” team discusses the implications of crypto delisting and what this could reveal about the fate of Terra.
After Week of UST Turmoil, Are Rest of Crypto Markets Stabilizing?
GSR Global Head of Product Benoit Bosc discusses his crypto markets analysis and outlook, exploring the potential catalyst for TerraUSD (UST) stablecoin’s collapse and its impact on BTC and ETH. Plus, insights into bitcoin’s open interest and institutional vs. retail buying activity.