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Terra

UST LUNA crash is just a preview of what’s to come—winter is officially here
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18 May, 2022

UST LUNA crash is just a preview of what’s to come—winter is officially here

An algorithmic stablecoin lost its peg to the U.S. dollar, and as a result, it caused the algorithm to print...
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...
US court orders Terraform Labs and CEO Do Kwon to comply with SEC subpoena
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22 February, 2022

US court orders Terraform Labs and CEO Do Kwon to comply with SEC subpoena

Do Kown had argued that the securities regulator doesn’t have jurisdiction over him as he is a Korean national and...
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),...
Bank of Thailand warns against illegal baht-backed stablecoin
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22 March, 2021

Bank of Thailand warns against illegal baht-backed stablecoin

The stablecoin, called Thai Baht Digital (THT), is created on the Terra platform, according to Bank of Thailand officials.