The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA
A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
La caduta della Terra: una cronologia dell'ascesa meteoritica e dello schianto di UST e LUNA
Una cronologia dettagliata del viaggio di Terra, dall'avvio perdente come app di pagamenti in Corea del Sud a un ecosistema Cripto da 60 miliardi di dollari fino a ONE dei più grandi fallimenti nel Cripto.
La caída de Terra: una cronología del meteórico ascenso y caída de UST y LUNA
Una cronología detallada del viaje de Terra desde su comienzo como aplicación de pagos en Corea del Sur hasta un ecosistema Cripto de $ 60 mil millones y ONE de los mayores fracasos en Cripto.
South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report
The committee will provide criteria for the listing of coins by exchanges, introduce investor protections and monitor unfair trading.
Fmr CFTC Commissioner Brian Quintenz on Crypto Markets Outlook Amid Rising Inflation
On the heels of President Biden's meeting with Federal Reserve Chair Jerome Powell, former CFTC Commissioner and current a16z advisor Brian Quintenz discusses the need for the Fed to take an "aggressive approach" to tackling soaring inflation and the potential outcomes for the crypto industry. Plus, his bear market strategy and thoughts on Terra's implosion.
Mirror Protocol Crisis Averted; ETH Crosses $2,000 Mark
Indian official says crypto consultation paper almost ready. Social media users highlight price mismatch in Terra’s Mirror Protocol. Ether crosses $2,000 mark as crypto market rises. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
CoinShares' Losses From Terra's Slide Hit $21.4M
Liquidating the digital asset firm's position was a "humbling lesson," the CEO said.
The Rise and Fall of Terra vs. Bitconnect
CoinDesk’s Nikhilesh De discusses how the $14 billion crash of Luna Foundation Guard’s Terra protocol compares with the $2.4 billion global Bitconnect Ponzi scheme. Plus, CoinDesk’s Sam Kessler on what the future holds for stablecoins.
Examining Terra’s UST Stablecoin and Luna Token Crashes
CoinDesk’s Nikhilesh De and Sam Kessler join “Community Crypto” host Isaiah Jackson to discuss the collapse of the Terra protocol as its UST stablecoin remains deep in the sub-dollar doldrums and LUNA, its sister token, has fallen over 99% from its 2022 high.
UST’s Design Flaws and Red Flags
In this “Community Crypto” clip, CoinDesk’s Nikhilesh De and Sam Kessler discuss the design flaws of Terra’s algorithmic stablecoin UST as its depeg from the U.S. dollar continues to have ripple effects across the crypto industry. What were the red flags? Plus, Do Kwon’s earlier failed stablecoin project, Basis Cash.