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Terra
Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin
Terra fiasco weighs on South Korean P2E projects. Do Kwon proposes Terra fork, ditching UST. Singapore’s Temasek says it doesn’t own Bitcoin, but is getting ready for tokenized assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

First Mover Americas: Bitcoin Retakes $30K as 'Institutional Adoption' Makes Crypto More Like Stocks
The latest moves in crypto markets in context for May 17, 2022.

Terra’s LUNA Gains, Then Slides, After Do Kwon's Fork Proposal
Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week’s implosion of UST.

Circle’s Jeremy Allaire on Regulating Stablecoins
In the wake of Terra’s UST stablecoin failure, Jeremy Allaire of Circle, the company behind the USDC stablecoin, says that having a national policy to regulate crypto is “a good idea.” In this discussion with “Money Reimagined” host Michael Casey, Allaire explained the U.S. regulation that he thinks is and is not likely to happen.

Bitcoin’s Next Move After First 7-Week Losing Streak in History
CrossTower Global Head of Trading Pratik Shah discusses what could be in store for bitcoin as it closed in the red for seven consecutive weeks for the first time in history. “We see this as a corrective phase in a broader and a structural trend higher in bitcoin,” Shah said.

Terra's $38.5M Nationals Sponsorship Unfazed by UST Turmoil
Terra protocol's dramatic death spiral last week did not significantly impact its presence at the ballpark of Major League Baseball’s Washington Nationals. Terra signed a DAO-approved, five-year advertising deal with the Nationals in February for $38.5 million. "The Hash" panel discusses the latest in the Terra saga and what it reveals about the reality of major crypto sponsorship deals.

UST Won't Be the End of Algorithmic Stablecoins
The trail for a monetary "Holy Grail" continues, despite Terra’s collapse. So what do we do about it?

Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’
“$UST peg failure is Terra’s DAO hack moment,” the Terraform Labs CEO wrote, “a chance to rise up anew from the ashes.”
