Double bubble? Terra’s defunct ‘unstablecoin’ suddenly climbs 800% in one week
The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future.
NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund
Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations.
LUNA2 traders are increasingly short despite 67.5% rally, $4 million liquidated
Downside pressure for Terraform Labs’ LUNA2 mounts amid investigations and rumors from a “Terra insider.”
These are the least ‘stable’ stablecoins not named TerraUSD
Some stablecoins have failed to deliver the dollar’s stability to crypto traders long before TerraUSD’s collapse.
UK government proposes additional safeguards against stablecoin failure risks
The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return of customer funds in the event of a stablecoin collapse.
Investors dumping on Terra as LUNA 2 tanks 70% in two days
“Zero plans to buy luna 2.0, but I will dump any airdrop if I get something on Binance,” said Lark Davis.
Investors dumping on Terra as LUNA 2 tanks 70% in two days
“Zero plans to buy luna 2.0, but I will dump any airdrop if I get something on Binance,” said Lark Davis.
Vitalik: How to create algo stablecoins that don’t turn into ponzis or collapse
“What we need is not stablecoin boosterism or stablecoin doomerism, but rather a return to principles-based thinking,” Vitalik Buterin emphasized.
Cosmos price rebounds 45% in one week despite Terra’s debacle — what’s next for ATOM?
ATOM’s ascending triangle setup opens up the possibility for another major crash by June 2022.
Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash
