The Terra algorithmic stablecoin TerraUSD (UST) collapsed in May, causing billions of dollars worth of losses for investors. The collapse lowered investor confidence in algorithmic stablecoins, but th...
Tag: UST
Terra projects move to Polygon following LUNA & UST collapse
May 2022 was one of the most eventful months in crypto as it saw a project ranking among the top-ten largest coins by market cap lose its value to $0. The collapse of Terra LUNA and TerraUSD (UST) aff...
More Than 48 Terra Projects Migrated To Polygon Since May’s UST Depegging
The Terra (LUNA) crash was one of the decisive moments for the whole crypto space where the stability of stablecoins and the whole crypto market were questioned. In just one week, the crash washed-out...
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report – Coinotizia
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (...
Terra: prices of UST and LUNC surge in last 7 days
The former stablecoin TerraUSD (UST), also known as TerraClassicUSD (USTC), and Luna Classic (LUNC), have seen a price pump over the past 7 days, with UST rising over 470% and LUNC over 96%. Terra: t...
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470% – Market Updates Bitcoin News
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar ...
Is Terra Labs Involved in Price Manipulation With $3.6B USDT & UST? Decoding the Truth
Terra Labs may have roughly $3.6 billion in USDT and UST, as shown in a CoinDesk Korea article. According to the news source, the money could be used for exchange and DeFi price gouging or financial f...
Terra may own $3.6 billion in UST and USDT
Terra Labs may own $3.6 billion in Tether (USDT) and Terra USD (UST) used for price manipulation on exchanges and in DeFi or for money laundering. Authorities are verifying the news with exchanges. T...
CoinDesk Korea Reports Do Kwon’s Terra Has $3.6 Billion in UST and USDT To Manipulate Prices or Launder Money
– Advertisement – CoinDesk Reports That Do Kwon’s Terra took 4.6 trillion won in slush money. After Terra’s May 7 crash, Uppsala Security and CoinDesk Korea investigated using on-chain d...
Hacker Group Anonymous Vows To Hold Terra (LUNA) Founder Do Kwon Accountable for UST Collapse
Global hacktivist collective Anonymous is promising to hold Terra (LUNA) co-founder Do Kwon accountable for the collapse of Terra’s stablecoin ecosystem. In a new video, Anonymous says it will bring K...
Crypto Sleuth Warns That Justin Sun’s USDD Is Following Path of Terra’s UST
Self-proclaimed Internet detective, Cofeezilla has said Justin Sun’s new algorithmic stablecoin, USDD, is towing the path of becoming the next LUNA/UST. In a Twitter thread and YouTube video, he said ...
Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)
The recent cataclysmic crash of the Terra Classic (LUNC; formerly LUNA) left several people bankrupt. South Korean officials reported 8 confirmed suicides due to this blow. Stablecoins emerged as a wa...
Fox Journalist: Investors Think Tron (TRX) And USDD Could Crash Like Luna And UST
– Advertisement – Fox journalist says crypto investors have had their eyes on TRX and USDD since the Stablecoin de-pegged. It’s a rough week for the Tron community as their favorite Stab...
Binance CZ Condemns the Coindesk Report Alleging TerraForm Labs Owns the Wallet That Triggered $UST Implosion
– Advertisement – The founder of Binance has joined FatMan in condemning the joint report published by Coindesk and Uppsala Security. Changpeng “CZ” Zhao, the founder and CEO of world’s l...
Tether: With UST gone and USDD struggling, is USDT next in line
With UST mixed into the dust and USDD struggling to keep up; could Tether be the next in line for the stablecoin massacre? The crypto market volatility has ramped up pressure on stablecoins recently a...
Is Terraform Labs responsible for the UST stablecoin collapse, as reports suggest?
As the days are passing and investigations are moving further, Terraform Labs seems to become the main culprit behind the fall of UST stablecoin and eventually Terra (LUNA) network Since the market ha...
How the UST crash changed the stablecoin landscape
? Want to work with us? CryptoSlate is hiring for a handful of positions! Once the 3rd largest stablecoin, TerraUSD (UST) has shaken the entire stablecoin market after it collapsed on May 9. Instead o...
UST Crash To Impact Positive On Crypto Market In A Long Run
According to FSInsight, a combination of economic pressures and over-leveraged yield plans has caused the forceful selling of cryptocurrencies in the previous few days. This has wiped off more than $2...
Tron’s USDD Stablecoin Faces Same Fate as Terra Luna’s UST » NullTX
Another algorithmic stablecoin appears to be in danger of losing its peg following the UST-Terra debacle. Investors are also currently in fear of having to face the same fate as Terra’s UST historical...
Is UST 2.0 on the Horizon, USDD, USDN & USDT Face Major Hurdle
It is a known fact that the crypto space is now in the middle of a notable bear market which is yet to find its bottom. The star crypto, Bitcoin, currently appears struggling to restore the last line ...
Terra Influencer FatMan Spots Loopholes in Coindesk Korea Report Accusing TerraForm Labs Crashing UST and LUNA
– Advertisement – The popular whistleblower has come to the defense of TFL, as he identifies a major loophole that makes the Coindesk Terra report false. Popular Terra influencer who is kn...
Investors Hit Binance.US With Class Action Lawsuit for Allegedly Misleading Customers About TerraUSD (UST)
Investors are filing a class-action lawsuit against Binance’s American arm, Binance.US, for allegedly falsely advertising investments in the algorithmic stablecoin TerraUSD (UST) as “safe.” Last month...
Would 3AC be the latest domino to fall after UST and Celsius
Online chatter has recently increased multi-fold around Three Arrows Capital post speculations related to insolvency. There are swirling rumors that the company will be the latest to crash in a domino...
Binance US Sued Over Promoting, Selling UST and LUNA
A class-action lawsuit was filed today against Binance.US, alleging that the cryptocurrency exchange misled consumers about the safety of Terra’s stablecoin UST, and native token LUNA. The suit also c...
Do Kwon says that he didn’t cash out $2.7 billion from LUNA, UST
Ever since Terra crashed, the eyes of the crypto community and the authorities are set on Do Kwon. The Stanford dropout entrepreneur promised a lot when he introduced the Terra Blockchain. But since t...
CoinDesk Korea Discloses Revelations That Terraform Labs Wallets Caused UST Depegging
– Advertisement – New Investigations Shows Terra Owns the Wallet That Crashed LUNA and UST. More than one month after Terra ecosystem tokens, UST, and LUNA collapse, new revelations contin...
Terraform Labs Caused Collapse Of UST? Report Says So
The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from Coi...
Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before UST Collapse
The embattled chief executive of Terraform Labs is adamantly denying whispers that he cashed out billions of dollars worth of Terra (LUNA) and TerraUSD (UST). Rumors are circling on Twitter that Terra...
Terraform Labs Owned Wallet Behind UST Collapse, New Report Claims
Key Takeaways A new report has suggested that the wallet thought to be the main culprit behind Terra’s collapse in May could belong to Terraform Labs or the Luna Foundation Guard. The report lin...
Inside Job? Wallet That Caused the UST Attack Suspected to Belong to Terraform Labs (Report)
Terraform Labs grabbed the attention of the entire crypto community last month when its two native digital assets deteriorated in days, leaving only a failed restarted project. However, a recent inves...
Binance US sued for misleading advertising about UST
Roche Freedman and Dontzin Nagy have filed a class action lawsuit against Binance US in federal court in San Francisco. They will launch similar actions against Coinbase, Kraken and Gemini in the comi...