Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution
As algorithmic stablecoin UST and luna (LUNA) continue to fall precipitously, Terra has proposed to burn UST and increase the available pool of luna as a solution to the crisis. "The Hash" team discusses the plan and whether or not it could save Terra from total collapse.
LUNA, l'émetteur de UST Terra , redémarre la blockchain après une brève interruption
Le prix de LUNA est tombé trop bas pour empêcher les attaques de gouvernance, a tweeté Terraform Labs lorsqu'il a annoncé que le réseau avait été arrêté.
Terra, Web 3 et le risque acceptable dans l'innovation
Ryan Broderick, auteur de la newsletter Garbage Day, est sceptique quant à ce qui adviendra après le Web 2. Des défis et des opportunités nous attendent.
Bitcoin Net Transfer Volume on Exchanges Rising to Highest Level in Over 4 Years
The amount of bitcoin flushed onto crypto exchanges is rising to its highest level in over four years. This comes as the Luna Foundation Guard drained its $1.5 billion bitcoin reserve and bought $850 million more in BTC to defend UST’s peg to the U.S. dollar, a move that could have created sell pressure.
UST Stablecoin’s Dollar Peg Collapse: What Happened and Why it Matters
Terra’s algorithmic stablecoin UST lost its dollar peg, falling as low as $0.65 before rebounding. “The Hash” panel discusses what happened, how we got here, why these developments matter and the potential impact on the wider crypto ecosystem.
Fed Issues Stablecoin Warning Amid TerraUSD Collapse
CoinDesk’s Nikhilesh De discusses a new report issued by the Federal Reserve warning of stablecoin risks as the TerraUSD (UST) coin lost its dollar peg, dropping as low as $0.65 on Monday. Plus, insights on how the UST collapse could pose a risk to the broader crypto ecosystem.