UST


Videos

Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution

As algorithmic stablecoin UST and luna (LUNA) continue to fall precipitously, Terra has proposed to burn UST and increase the available pool of luna as a solution to the crisis. "The Hash" team discusses the plan and whether or not it could save Terra from total collapse.

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Videos

Terra’s LUNA Sacrifice; Australian Crypto ETFs Launch

Terra sacrifices LUNA to save UST peg. Crypto market tumbles in response to inflation data and Terra fiasco. Australia’s first Bitcoin and Ethereum spot ETFs go live. South Korea hopes to institutionalize crypto by 2024. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Videos

Chainalysis CEO on What On-Chain Data Reveals About UST’s Downfall

Chainalysis Co-founder & CEO Michael Gronager discusses the on-chain trends his firm is tracking for insights into UST unravelling. What does the data tell us about the role of institutional investors in UST’s collapse and the wider crypto markets? Plus, BTC dominance, Chainalysis raising $170 million doubling its valuation to $8.6 billion and more.

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Opinion

Terra, Web 3 and Acceptable Risk in Innovation

Garbage Day newsletter author Ryan Broderick is skeptical about what comes after Web 2. There are challenges and opportunities ahead.

Does the UST meltdown say anything about the future and promises of crypto? (FLY:D/Unsplash, modified by CoinDesk)

Videos

Meet the Terra Skeptic Who Predicted UST’s Turmoil

Kevin Zhou, founder of crypto-quant hedge fund Galois Capital and a noted skeptic of Do Kwon and the Terra community, dissects what he got right about UST stablecoin months before its collapse: What were the red flags? What’s keeping it alive? Could it restore its $1 peg?

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Videos

Exploring the Fallout of UST Stablecoin's Collapse

Kevin Zhou, Galois Capital founder and vocal critic of Terraform Labs CEO Do Kwon's work, discusses the impact of the TerraUSD (UST) turmoil on the Terra ecosystem and the wider crypto markets as regulation looms. Plus, reactions to Terra's community-proposed plan that hopes to save UST.

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Policy

Global Crypto Regulatory Body Is Coming Soon, Says Top Official

A joint body to coordinate efforts at regulating crypto at the global level could become a reality in the next year, according to IOSCO chair Ashley Alder.

Global (Shutterstock)

Markets

Terra-Based DeFi Protocol Anchor Proposes Cutting UST Yield Rates to 4%

The proposal comes amid ongoing concerns regarding the long-term stability of Terra tokens LUNA and UST.

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Markets

Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution

Terra believes decreasing the amount of UST in circulation while increasing the amount of available LUNA is the easiest way to return the UST to its dollar peg.

(U.S. Bureau of Land Management/Flickr)