Tag: UST
Decentralized Stablecoin Claims ‘Ponzi’ About Rival UST: DAI
MakerDAO’s decentralized stablecoin DAI rises to top rank among decentralized stablecoins by market capitalization following the collapse of rival TerraUSD (UST) past December Terra-based algorithmic stablecoin, which took the lead…
Is A Hacker Attack Reason For UST Losing Its Stability?
Digital asset insight firm nansenannounced that on May 7, just before the collapse of the TerraUSD (UST) algorithmic stablecoin and native token LUNA, it has identified seven crypto wallets exchanging…
What Caused the LUNA and UST Collapse: The Nansen Report
Blockchain analytics platform Nansen has released a report in which it delves into the LUNA and UST collapse. nansen, May 27 on LUNA and TOP your downfall How and who…
New Apology for 2.5M Bitcoin Estimate from CEO who apologized for UST
Zhu Su, co-founder of Three Arrows Capital (3ac), apologized to his followers for getting UST taken. The CEO finally apologized for failing the Supercycle thesis. zhu water, May 27 on…
Consent to Burning 1.3 Billion UST from Terra Community
The Terra community has unanimously approved the proposal for the burning of TerraUSD (UST), which is in the project’s community pool. The Terra community is maintained in the project’s community…
What Will Happen to LUNA and UST Owners?
There has been a new development on the Terra (LUNA) front, which has upset the crypto money markets. The cryptocurrency community has made its final decision on what to do…
Brazilian Cryptocurrency Exchange Announces It Will Cover Investors’ Losses in TerraUSD (UST) Token!
based in Brazil cryptocurrency exchange Nox Bitcoin, TOP announced that it would spend 620,000 Brazilian reals to reimburse its owners. The exchange will compensate for the difference between the current…
How Stablecoins Responded to TerraUSD (UST) Crash
Crypto analytics and insights firm Santiment has released three metrics TerraUSD (UST) revealed how other stablecoins reacted during and after its collapse. “Stablecoins have been the hot topic in the…
Effects of LUNA and UST Collapse: UK Accelerates Cryptocurrency Regulations
The UK will step up efforts to regulate cryptocurrency markets after the collapse of Terra (LUNA) and TerraUSD (UST). Bloomberg’s 20 May According to the news dated United Kingdom financial…
South Korea Suspends Luna and UST Founder Do Kwon!
Shocking effect in the cryptocurrency market TerraUSD (UST) and Terra (LUNA) The collapse still continues to show its effects. LUNA under investigation for crash Terra founder Do Kwon He was…
TerraUSD (UST) Crisis Didn’t Affect Mining Company Argo Blockchain
The management team of cryptocurrency miner Argo Blockchain explained that the crisis in TerraUSD (UST) has hardly affected the company. Argo Blockchain, a cryptocurrency miner in North America, established a…
New: SEC Chairman Talks About Cryptocurrencies and UST!
We have reported that Gary Gensler, Chairman of the US Securities and Exchange Commission, will attend a session of the House Subcommittee on Financial Services today and will talk about…
South Korean Law Firm To Sue CEO Do Kwon Over LUNA and UST Collapse
LKB & Partners, one of South Korea’s leading law firms, is preparing to take TerraForm Labs CEO Do Kwon to court over the LUNA and UST collapse. local newspaper of…
Sinners in LUNA and UST Sue Do Kwon!
luna and TOPThe collapse in ‘ has caused many investors to lose. The money of many investors who jumped on the train later, saying that it would not fall more…
UST and LUNA Investigation to Terra!
Terra’s stablecoin last week TerraUSD (UST) native cryptocurrency at LUNA There was a severe collapse. After this collapse, the entire cryptocurrency market was shocked, and investors also suffered huge losses.…
South Korea Launches ‘Immediate’ Inspection to Local Cryptocurrency Exchanges Due to LUNA and UST Collapse
South Korea has launched an emergency audit of local cryptocurrency exchanges following the collapse of Terra (LUNA) and its algorithmic stablecoin TerraUSD (UST). Local news sources report that South Korean…
LUNA and UST Explained by Gary Gensler!
Terra’s recently LUNA and the UST debacle became the hot topic of the crypto community. The crypto community did not hesitate to bring up the issue until the bailout plans…
This Stablecoin Loses Its Stability To $1 After UST!
of Deus Finance stablecoin DEI, It lost the pegged price of 1 US dollar and fell as low as $0.54 today. The drop comes after many algorithmic stablecoins lost their…
Binance CEO: “Small Investor Priority in Luna and UST Victimization”
Yesterday Binance‘of TOP Cz, who shared that he did not make the purchase, shared the latest information he received from the team today. Cz stated in his post yesterday that…
Last Minute: Luna Foundation Explains How It Used Its Reserves To Stabilize UST
The Luna Foundation Guard (LTF) has released a statement on how Terra uses its reserves held for its native stablecoin, UST. Luna Foundation Guard made statements about its reserves via…