2023-10-17 23:47 |
New York district judge orders crypto lender Genesis to produce documents related to the collapse of algorithmic stablecoin TerraUSD. origin »
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Stablecoin market cap drops 35% due to TerraUSD collapse and regulatory pressures; USDT maintains dominance at 67.3%. The post Stablecoins Suffer 18-Month Decline, Regulatory Uncertainty at the Helm appeared first on BeInCrypto.
2023-10-8 15:38 | |
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Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.
2023-9-28 18:04 | |
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The controversial cryptocurrency Terra (LUNA) saw a significant price surge today, rising over 30% to trade above $0. 5. This marks a notable recovery for the token, which infamously crashed from highs of $119 last May to become practically worthless after the collapse of its algorithmic stablecoin TerraUSD (UST).
2023-9-27 16:51 | |
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Do Kwon was arrested in March as he tried to board a flight to Dubai. The Terraform Labs CEO is wanted in South Korea and in the US on charges related to the collapse of TerraUSD and Terra LUNA. Kwon was sentenced together with Han Chang-joon, the former CEO of South Korea-based payments app Chai.
2023-6-20 19:20 | |
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Given the rise in interest towards central bank digital currencies, their usage will continue to increase. This is despite the recent turmoil about the recent depegging of USDC or, much worse, the collapse of the TerraUSD (UST) stablecoin and its…
2023-6-4 13:03 | |
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Tether's USDT recovers from market value loss following collapse of TerraUSD
2023-4-25 15:58 | |
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Kwon’s lawyers claimed the SEC failed to prove he defrauded U.S. investors in connection with the $40 billion collapse of Terra’s TerraUSD and LUNA.
2023-4-23 09:02 | |
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Prosecutors have revealed that Terraform Labs co-founder, Do Kwon, sent a payment of 9 billion won ($7 million) to a Korean law firm named Kim & Chang just before the collapse of the TerraUSD algorithmic stablecoin and Luna token. While…
2023-4-17 16:08 | |
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Coinspeaker South Korean Prosecutors Reveals Do Kwon Sent Funds to Local Law Firm before TerraUSD’s Fall After Kwon was arrested, the prosecutors indicated that he had paid the law firm before the collapse.
2023-4-17 14:03 | |
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FBI and SDNY are probing the collapse of Terra's algo-stablecoin - UST The agencies investigation is on similar lines as that of the SEC, which charged Do Kwon for committing securities fraud The post US Justice Department is reportedly investigating TerraUSD (UST) collapse appeared first on AMBCrypto.
2023-3-14 01:25 | |
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The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.
2023-3-14 01:18 | |
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Seasoned cryptocurrency researcher and educationist who goes by @DefiIgnas on Twitter is sure that USD Coin (USDC) will not collapse in TerraUSD (UST)-like manner
2023-3-11 15:34 | |
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The SEC complaint included allegations around claims of TerraUSD’s peg, Terra’s relationship to Chai, and co-founder Do Kwon cashing out for millions.
2023-2-18 00:30 | |
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The collapse of TerraUSD last year led to wave of bankruptcies in the crypto industry.
2023-2-17 00:57 | |
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2022-12-9 16:05 | |
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In May, TerraUSD (UST) lost its peg to dollar
2022-11-16 15:45 | |
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The legislation comes in response to the May collapse of the algorithmically-backed TerraUSD stablecoin. U.S. Proposes Stablecoin Regulation House lawmakers are taking a step toward regulating stablecoins. A new bill...
2022-9-21 14:27 | |
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The collapse of Terra (LUNA/USD) and its TerraUSD stablecoin project continues to feature in the latest crypto news nearly four months since the event (a $45 billion project just flushed down the drain) impacted millions of investors.
2022-9-19 15:15 | |
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Terra Classic (LUNC) is the original Terra Luna chain that was left behind after the collapse of Terra (LUNA/USD) and TerraUSD (UST/USD). Terra Classic is a hard fork that occurs at a point in time when a blockchain splits and creates two separate networks.
2022-9-3 12:43 | |
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Authorities in the country have been trending towards stricter oversight since the TerraUSD collapse.
2022-8-23 15:03 | |
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The firm's book-making took a huge hit after being exposed to the TerraUSD collapse.
2022-8-3 22:00 | |
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The current state of the cryptocurrency market can be best described with the help of falling dominoes. First, it was the collapse of the algorithmic stablecoin TerraUSD [UST], sowing turbulence in thThe post Tether [USDT]: Whales and what a new 3-year low means for the stablecoin appeared first on AMBCrypto.
2022-7-8 06:30 | |
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The company behind TerraUSD and Luna, which sparked a crypto market collapse last month, launched a new coin. However, it is now developing actively. For example, nine days after falling to an all-time low of $1.
2022-6-29 13:30 | |
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Recent events, including the collapse of the TerraUSD stablecoin, are likely to hasten regulators consideration of crypto regulation.
2022-6-25 22:59 | |
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The decoupling of ether (ETH) and Lido Finance’s staked ether (stETH) is not equivalent to the breaking of the link between terraUSD (UST) and the dollar, and isn’t an example of a stablecoin collapse, according to CoinShares.
2022-6-21 13:57 | |
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Alameda Research предпринимает усилия для смягчения негативных явлений на криптовалютном рынке из-за проблем Celsius и Three Arrows Capital. Об этом заявил ее глава Сэм Бэнкман-Фрид. After the collapse of TerraUSD, as 3AC and Celsius faltered, and before the venture fund he founded lent $485 million to Voyager Digital as the #Bitcoin sell-off continues, @SBF_FTX and I talked about #crypto contagion risk: https://t.
2022-6-21 10:19 | |
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Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground.
2022-6-16 03:14 | |
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Do Kwon, the founder, and CEO of Terraform Labs, has faced multiple allegations of foul play regarding the collapse of the Terra (LUNC) cryptocurrency and TerraUSD (USTC) stablecoin. The post Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets appeared first on CryptoSlate.
2022-6-14 07:00 | |
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The collapse of terraUSD only added extra fuel to the fire of those saying the sector needs regulatory clarity, and fast.
2022-6-11 00:50 | |
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In a shocking twist, the U.S. Securities and Exchange Commission (SEC) has reportedly uncovered evidence that shows Terraform Labs CEO Do Kwon was withdrawing $80 million worth of LUNA (now called Luna Classic) and TerraUSD every month in the lead-up to the collapse of the Terra ecosystem in May.
2022-6-11 22:44 | |
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Secondary stablecoins were able to capitalize on Tether slipping from its peg, following the collapse of TerraUSD last month. The post Secondary Stablecoins Capitalized on Lapse of Tether (USDT) Peg appeared first on BeInCrypto.
2022-6-10 03:00 | |
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Regulations are more important than ever in light of the historic TerraUSD (UST) collapse. As a result, regulatory agencies and government organisations from across the globe are determining how to govern cryptocurrencies and digital assets.
2022-6-7 19:16 | |
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USSD is the first over-collateralized decentralized stablecoin, with guaranteed minimum collateral ratio of 130%.… The post TRON upgrades USDD in the aftermath of TerraUSD collapse appeared first on CoinJournal.
2022-6-7 18:07 | |
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TerraUSD’s depegging and eventual collapse sent shockwaves across the crypto market, and in the wake of its crash, other major stablecoins such as Tether (USDT) and USD Coin (USDC), and DAI witnesseThe post USDC and USDT: The changing demography of stablecoins appeared first on AMBCrypto.
2022-6-5 23:30 | |
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Japan emerges as a precedent-setting nation by passing stablecoin regulation in the wake of the TerraUSD collapse.
2022-6-3 09:34 | |
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Tether (USDT) co-founder Reeve Collins believes the collapse of TerraUSD (UST) — since renamed TerraClassicUSD (USTC) — might be the catalyst that triggers the downfall of other algorithmic stablecoins, CNBC reported.
2022-6-3 20:30 | |
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Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse.
2022-6-3 19:08 | |
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The collapse of TerraUSD (UST) and its sister token Luna Classic (LUNC) has created an urgency for governments across the globe to reign in the crypto market. The post UK proposes legislation amendments to regulate stablecoin issuers appeared first on CryptoSlate.
2022-6-1 23:20 | |
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The Terra community doesn’t seem to catch a break lately. This time, prosecutors in South Korea have summoned representatives and employees at Terraform Labs to investigate the collapse of TerraUSD… The post South Korean Prosecutors Investigating Terraform Labs Over UST Collapse appeared first on CoinCentral.
2022-5-31 23:04 | |
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In the quest for answers pertaining to the collapse of the Terra ecosystem earlier this month, South Korean authorities are now summoning all employees of Terraform Labs, which developed Luna Classic (LUNC) and TerraUSD (UST).
2022-5-31 18:15 | |
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The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.
2022-5-28 21:18 | |
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Industry-leading on-chain analytics firm Nansen attempts to provide detailed explanation of what has happened to UST prior to its historic collapse
2022-5-28 18:53 | |
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Michael Hsu, who runs the U.S. Office of the Comptroller of the Currency, said the recent fiery collapse of TerraUSD (UST) and the wider drama that came with it should serve as a “wake-up call” to the industry, which he argued has grown too fast.
2022-5-25 00:15 | |
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Out of the ruins of the TerraUSD (UST) collapse rises a new stablecoin — USDTea, the first of its kind — that is backed by a can of, well, iced tea. Whether intended as satire or not, USDTea has joined the plethora of stablecoins in the vast crypto wilderness.
2022-5-24 11:28 | |
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One little-noticed effect of the terraUSD (UST) collapse relates to Lido and shows how the connections between decentralized finance (DeFi) applications amplify systemic risk.
2022-5-24 15:56 | |
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Luna collapsed, terraUSD collapsed and this is now going to be a Big Thing. I would go so far as to say that UST’s collapse, as dramatic as it was, will have a legacy similar to Libra’s.
2022-5-21 15:45 | |
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G7 ministers meeting in Germany want the Financial Stability Board to act faster after the collapse of stablecoin terraUSD.
2022-5-20 19:30 | |
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The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from South Korean Newschannel “Newspim” on Tuesday, May 17, at a plenary meeting of the National Assembly’s Political Affairs Committee, Yoon Chang-Hyeon stated; We should bring […]
2022-5-19 23:00 | |
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Maker (MKR) has surged nearly 50% in value over the past week, following the collapse of algorithmic stablecoin TerraUSD (UST). The post Maker (MKR) Surges Following TerraUSD (UST) Collapse, Boon for DAI appeared first on BeInCrypto.
2022-5-19 20:30 | |
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Bitcoin's value is approaching the coveted mark of $40,000 — a height it hasn't experienced since the sudden destabilization of TerraUSD in May 2022.
TerraClassicUSD (USTC), the remnant stablecoin of the failed Terra blockchain, gained 300% in a week as plans of a bitcoin-backed revamp plan and a Binance perpetual contract listing unleashed a speculative frenzy.
Coinspeaker South Korean Prosecutors Reveals Do Kwon Sent Funds to Local Law Firm before TerraUSD’s Fall After Kwon was arrested, the prosecutors indicated that he had paid the law firm before the collapse.
The collapse of Terra continues to reverberate in Do Kwon’s homeland, but there are signs of progress, CoinDesk’s Emily Parker reports.
The harsh realities of the post-Luna crash experience propelled a full-scale state investigation that that led to the Korean authorities reportedly discovering that Do kwon manipulated Luna price.
Do Kwon, the founder of Terraform Labs, says he is not hiding from South Korean law enforcement. The nation’s prosecutor’s office said it had obtained a global arrest order for the cryptocurrency CEO. The Fall of Terra and Do Kwon’s…