TerraUSD (UST)

After Arrest Warrant South Korea Seeks to Invalidate Do Kwon’s Passport

After Arrest Warrant South Korea Seeks to Invalidate Do Kwon’s Passport

South Korea’s Ministry of Foreign Affairs has initiated measures to impose administrative sanctions on Terraform Labs’ CEO, Do Kwon’s, passport ...

Arrest Warrant Issued Against Terra Co-founder Do Kwon: Report

Arrest Warrant Issued Against Terra Co-founder Do Kwon

A South Korean court has just issued an arrest warrant against Do Kwon, CEO of Terraform Labs, after the frantic ...

What Is the Rise of Terra Classic Due To?

What Is the Rise of Terra Classic Due To?

In spite of the fact that Terra Classic suffered a massive blow earlier this year, it has recovered to rise ...

CoinShares Published Financial Report: About $21M Loss Because of Terra Collapse

CoinShares Published Financial Report: About $21M Loss Because of Terra Collapse

The financial results for the second quarter of 2018 ended on 30 June 2022, have been announced by CoinShares International ...

South Korean Prosecutors Raid 7 Crypto Exchanges Amid Terra Investigations

South Korean Prosecutors Raid 7 Crypto Exchanges Amid Terra Investigations

Prosecutors from South Korea are aggressively investigating the sudden crash of Terra and its native tokens, TerraUSD and LUNA. They ...

Algorithmic Stablecoins - How do they work and what risks do they have?

Algorithmic Stablecoins – How do They Work and What Risks do They Have?

All stablecoins are believed to be backed by a real-world asset, such as a national currency or precious metal, which ...

Terra's Mirror Protocol Suffers Another Exploit

Terra’s Mirror Protocol Suffers Another Exploit

DeFi application, Mirror Protocol, has suffered another attack draining over $2 million. Cyber criminals depleted four synthetic asset pools from ...

TERRA2 Launch Arrives With a 70% Drop

TERRA 2.0 Launch Arrives With a 70% Drop

LUNA 2.0 has failed to live up to the expectations that were set from the beginning. Terra (LUNA) was able ...

Terra Community To Burn 1B UST In Order To Restore UST Dollar Peg

Terra Community To Burn 1B UST In Order To Restore UST Dollar Peg

The Terra community has just passed a governance vote to burn 1.388 billion UST tokens from the project’s community pool ...

Terra 2.0 Will go live on May 28th, 2022 at around 06:00 AM UTC

Terra 2.0 Will Go Live on May 28th, 2022 at Around 06:00 AM UTC

On May 27, LUNA 2.0 was scheduled to be distributed through a public airdrop. There has been an announcement from ...