You Searched For "terra coin" and got 20 results
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2 mins read
The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes
Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…
Zahra Tayeb
1 min read
The Terra blockchain will split and effectively ditch its native stablecoin in the wake of its collapse
Terra will split its original blockchain after its native stablecoin lost its peg to the dollar. Th…
Brian Evans
2 mins read
Circle CEO says Terra's implosion has given lawmakers the impetus to speed up crypto regulation
Circle CEO Jeremy Allaire said the collapse of Terra has accelerated the need for the federal gover…
Zahra Tayeb
1 min read
Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch
The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…
Zahra Tayeb
2 mins read
MoneyGram wants to use stablecoin USDC to 'build a bridge to crypto' for money transfers — even after the Terra meltdown
Meanwhile, MoneyGram wants to get involved in bitcoin transfers to El Salvador, CEO Alex Holmes tol…
Zahra Tayeb
1 min read
Billionaire investor Bill Ackman says Terra's algorithm sounds like the 'crypto version of a pyramid scheme'
Ackman tweeted his disapproval of Terra, suggesting that the crypto industry should "self-regulate"…
Cheryl Teh
3 mins read
Crypto crashed this week as 2 stablecoins broke the buck. Here's what that means, and where the market goes next.
Bitcoin showed signs of stabilizing above $30,000 on Friday, but experts say this week's crash felt…
Carla Mozée
2 mins read
Crypto regulation needs to allow for 'trial and error' in the market and account for variations between stablecoins, SEC Commissioner Hester Peirce says
"With experimentation ... we need to allow room for there to be failure as well because that obviou…
Carla Mozée
2 mins read
A collapse of Tether could be crypto's 'Lehman Brothers moment' as the world's top stablecoin begins to wobble and major tokens plummet, analyst says
"I am optimistic that [Terra's] fall would not be that catastrophic — a collapse of [Tether] …
Matthew Fox
2 mins read
Terra’s stablecoin jumps 5x valuation in 2021 – with $18 billion locked in the DeFi ecosystem
Stablecoins have sort of lost their charm over the past few years. But open source blockchain platf…
7 mins read
Some crypto investors say TerraUSD and Luna's $60 billion crash pushed them to the brink and led to thoughts of self-harm
"Considering all the hardships, including ... the war that is now going on, the situation with Terr…
Weilun Soon
1 min read
Ethereum cofounder Vitalik Buterin says stablecoin turmoil should push investors back to 'principles-based thinking' and not rely on endless growth
"In general, the crypto space needs to move away from the attitude that it's okay to achieve safety…
Brian Evans
2 mins read
Stablecoins could exist alongside a digital dollar as CBDCs could help secure global payments systems, Fed Vice Chair Lael Brainard says
A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard…
Carla Mozée
2 mins read
Binance suspends trading of Terra and Luna as CEO says he is 'very disappointed' with how the stablecoin creators handled the massive collapse
"[We] felt suspending trading is the best way to protect our users at this time," Binance's CEO sai…
Carla Mozée
1 min read
Luna is worth less than 2 cents after a single-day crash of 99% as sister coin Terra loses dollar peg
Luna lost 99% of its value and was trading at less than 2 cents per coin Thursday. The slide comes …
Brian Evans
3 mins read
Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies
Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…
Business Insider
2 mins read
The biggest gains in value and popularity among cryptocurrencies have been led by altcoins this year — here are 5 biggest winners in 2021
Shiba inu topped BrokerChooser's analysis of the biggest gainers in price and popularity terms in t…
Carla Mozée
9 mins read
Top 6 stablecoins in the crypto market — what are they, how they work and why they have governments worried
Stablecoins perform an important role of being an intermediary store of value. According to some ex…
2 mins read
Terra's luna crypto coin slides 10% after DeFi project Wonderland collapses in controversy
Terraform Labs' luna coin fell sharply on Monday as controversy enveloped DeFi platform Wonderland,…
Adam Morgan McCarthy
2 mins read
To the moon? Terra's luna crypto coin has shot up almost 80% in a week, vaulting past shiba inu and avalanche
This lesser-known DeFi token has gained 80% in a week, surging past shiba inu, thanks to an upcomin…