Tag: Terra

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Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears – Bitcoin News

According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was...

Terra Community Must Revive Network, Do Kwon Urges

Key Takeaways Do Kwon has published a post on Terra's governance forum presenting a plan to revive the network. Kwon has suggested issuing 1...

LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt

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Terra Collapse Teaches About ‘Crypto’ And Bitcoin

Terra is crumbling.The blockchain project home to the popular algorithmic stablecoin TerraUSD (UST), which had recently become the fourth-largest stablecoin by market value...

The Terra Blockchain Has Been Halted

Key Takeaways Terra validators have halted the blockchain in response to the ongoing LUNA and UST crisis. Due to UST losing its peg to...

LUNA Issuer Terra Halts Blockchain After Week of Losses

The UST stablecoin, which is supposed to maintain price parity with the U.S. dollar, lost its peg over the last weekend, but briefly...

Fitch Says Terra Collapse Will Accelerate Calls for Regulation

Alex Dovbnya Terra disaster will expedite regulatory clampdown in stablecoin sector, according to Fitch Ratings Fitch Ratings, an American credit rating agency, predicts that the...

Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions

News Bitcoin Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today...

Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions – Defi Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an...

Tron DAO Launches its “Terra Destroyer” Stablecoin on Multichain DEX

According to an official announcement, Tron DAO's own $USDD is now available on Multichain DEX (formerly AnySwap) alongside PancakeSwap, Uniswap, Ellipsis and sunSwap, the first...

Maker Up 11% Despite Terra CEO’s Pledge to Kill DAI

Key Takeaways MKR, the governance token of the Maker protocol, has risen 11% Tuesday. Maker appears to be benefitting from UST's recent de-pegging event which...