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LUNA

The CoinGeek Pulse Episode 88: Treasury renews call for regulation amid UST and Luna collapse as Instagram integrates NFTs
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13 May, 2022

The CoinGeek Pulse Episode 88: Treasury renews call for regulation amid UST and Luna collapse as Instagram integrates NFTs

UST, a stablecoin pegged to the U.S. dollar, along with its sister token Luna, plunged to its lowest value—dropping as...
US Federal Reserve says stablecoins are risky as UST goes down
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12 May, 2022

US Federal Reserve says stablecoins are risky as UST goes down

The over-concentration of the stablecoin markets was also highlighted, with the trio of Tether (USDT), USD Coin (USDC), and Binance...
LUNA and UST crashed again, raising questions about stablecoins
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11 May, 2022

LUNA and UST crashed again, raising questions about stablecoins

The prices of inter-linked LUNA and UST tokens on the popular Terra network tanked this week, causing leading exchanges, including...
Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether
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11 January, 2022

Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether

UST, originally created to withstand up to 91% of the decline in value of LUNA (according to Terra white paper),...
SEC battle vs Terraform Labs heats up with new court order enforcing subpoenas
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17 November, 2021

SEC battle vs Terraform Labs heats up with new court order enforcing subpoenas

After serving the Terraform CEO with subpoenas at recent public event, the securities regulator said the startup has failed to...