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UST
Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
LUNA tokens lost 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the UST price.
Citadel Securities, BlackRock, Gemini Slam Social Media Accusations of Involvement With UST Collapse
A conspiracy theory that began on 4chan and was amplified by Cardano founder Charles Hoskinson has been met with swift denials by all parties.
First Mover Asia: Bitcoin at 16-Month Low as UST Collapse Shows Risks of 'Algo' Stablecoins
A number of algorithm-based stablecoins have already failed; bitcoin and other cryptos see deep red.
The LUNA and UST Crash Explained in 5 Charts
One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.
Arrington Capital Scrubs $100M Anchor Yield Fund From Website After UST Upheaval
Founder Michael Arrington cited decreased demand for the decision to remove the fund from the company's website.
'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.
'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg
Terra's UST briefly fell below $6.5 billion in market cap on Wednesday morning, allowing DAI to be the fourth-biggest stablecoin on the market for a time.
Crypto Fund Arca Doubled Down on UST Amid Stablecoin’s Collapse
“UST will ultimately maintain its peg,” the hedge fund told partners Tuesday in a note obtained by CoinDesk.
