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UST
Satoshi's Mission, LUNA, UST and Where Crypto Went Wrong
In 2009, Satoshi Nakamoto encoded a mission statement for the industry in Bitcoin's first block. Essentially, crypto should first do no harm.
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 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.
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 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.
LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt
Transactions conducted during the blockchain halt are not considered to be final because they can’t be settled.
Terra Validators Halt Blockchain for Second Time to Plot Next Steps
The blockchain was halted earlier Thursday after the governance token LUNA fell in price.
