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.
The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future.
Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations.
Downside pressure for Terraform Labs’ LUNA2 mounts amid investigations and rumors from a “Terra insider.”
Some stablecoins have failed to deliver the dollar’s stability to crypto traders long before TerraUSD’s collapse.
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.
“Zero plans to buy luna 2.0, but I will dump any airdrop if I get something on Binance,” said Lark Davis.
“Zero plans to buy luna 2.0, but I will dump any airdrop if I get something on Binance,” said Lark Davis.
“What we need is not stablecoin boosterism or stablecoin doomerism, but rather a return to principles-based thinking,” Vitalik Buterin emphasized.
ATOM’s ascending triangle setup opens up the possibility for another major crash by June 2022.
A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash