Terra


Finance

LFG Reserves Dwindle to Just 313 Bitcoins From 80K After UST Crash

The announcement comes after criticism of the Luna Foundation Guard's "lack of transparency."

(Javardh/Unsplash)

Markets

First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds

Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.

Singapore (Lauryn Ishak/Bloomberg via Getty Images)

Finance

At Nationals Ballpark, Terra’s Bad Week Never Happened

Terra’s $38 million Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans.

The Terra logo inside the luxury club at Nationals Park. (Danny Nelson/CoinDesk)

Markets

The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto

When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.

(John Ruddock/Unsplash)

Finance

What Happened to the $3.5B Terra Reserve?

Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.

LFG/Gemini (Elliptic)

Markets

Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel

The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST.

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Opinion

Satoshi's Mission, LUNA, UST and Where Crypto Went Wrong

In 2009, Satoshi Nakamoto encoded a mission statement for the industry in Bitcoin's first block. Essentially, crypto should first do no harm.

Portrait of Terra founder Do Kwon for CoinDesk's "Most Influential" (Jake the Degen/CoinDesk)

Finance

Do Kwon: ‘I Am Heartbroken’ Over Pain Caused by UST Collapse

The admission comes after the stunning demise of the Terra blockchain’s flagship project.

“I still believe that decentralized economies deserve decentralized money – but it is clear that $UST in its current form will not be that money,” Kwon tweeted.(Dhaval Parmar/Unsplash/Photomosh)

Videos

Bitcoin Stabilizes Amid Terra Luna Ecosystem Collapse

A wild week for bitcoin as the collapse of Terra’s algorithmic stablecoin TerraUSD (UST) and luna (LUNA) token continues its ripple effects on the crypto industry. CoinDesk’s Brad Keoun and Christie Harkin review the week’s top stories moving the markets.

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