Crypto Exchange Binance Temporarily Halts Withdrawal of $LUNA and $UST on the Terra Network

Leading cryptocurrency exchange, Binance has announced a temporary halting of $LUNA and $UST withdrawals. The two digital tokens run on the Terra network which has recently been hit by slowness and congestion issues. дальше »

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US Treasury Secretary reaffirms need for stablecoin regulation following UST crash

Janet Yellen said it would be “highly appropriate” to aim for “a consistent federal framework” on stablecoins by the end of 2022 in the U.S., given the growth of the market. дальше »

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Yellen Echoes Stablecoin Warning Citing UST Crash

U.S. Treasury Secretary Janet Yellen has called on Congress to pass stablecoin legislation, referencing UST’s recent depeg event. Yellen Highlights Stablecoin Risks Stablecoins are facing increased scrutiny from the U.S.... дальше »

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Janet Yellen Says UST's Collapse Illustrates Risks to Financial Stability

Terra imbroglio has gone all the way to a congressional hearing дальше »

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Binance Suspends Withdrawals of LUNA and UST

Binance has temporarily suspended withdrawals of the two major Terra blockchain tokens including LUNA, the native token of Terra, and Terra USD (UST), Terra's flagship algorithmic stablecoin.  The post Binance Suspends Withdrawals of LUNA and UST appeared first on BeInCrypto. дальше »

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Министр финансов США прокомментировала инцидент со стейблкоином UST

Министр финансов США Джанет Йеллен призвала принять закон о регулировании стейблкоинов до конца 2022 года. На слушаниях Банковского комитета Сената она упомянула инцидент с алгоритмическим стейблкоином TerraUSD (UST), который потерял привязку к доллару. дальше »

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UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks

U.S. Treasury Secretary Janet Yellen focused on the ongoing distress of stablecoin UST during testimony before a U.S. Senate panel on Tuesday, just hours after the purportedly dollar-pegged token plummeted to a low of $0.65 and at least one platform halted trading. дальше »

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Crypto Community Reacts To Justin Sun’s UST Buy

Justin Sun declared his intentions to buy UST, shortly after the launch of decentralized USD (USDD). From reports, he made a purchase of 1 million UST via the exchange platform, Curve. His actions have met mixed reactions from members of the crypto community. дальше »

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UST crash shows dangers of un-backed DeFi stablecoins, says Yield App CEO

The TerraUSD (UST) token crashed to lows of $0.61 on Monday as it massively… The post UST crash shows dangers of un-backed DeFi stablecoins, says Yield App CEO appeared first on Coin Journal. дальше »

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Cardano Founder on UST Collapse: Markets Are Defined Best Under Stress

Terra's algorithmic stablecoin, UST, suffered a free fall to lows of $0.61 on May 10 after losing its peg дальше »

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Стейблкоин UST утратил привязку к доллару США на фоне обвала крипторынка

На фоне обвала криптовалютного рынка алгоритмический стейблкоин экосистемы Terra — TerraUSD (UST) — вновь утратил привязку к доллару США. В ночь на 10 мая цена актива опустилась ниже уровня $0,62 (Coinbase). дальше »

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Binance Temporarily Suspends LUNA Withdrawals

LUNA and UST withdrawals were suspended at 2:20 a.m. UTC on May 10 дальше »

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Binance temporarily suspends LUNA, UST withdrawals citing network congestion

The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff. дальше »

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Стейблкоин TerraUSD потерял привязку к к доллару США

Основатель биткоин-биржи FTX и богатейший человек в криптоиндустрии по версии Forbes Сэм Бэнкман-Фрид прокомментировал потерю привязки к доллару США алгоритмического стейблкоина TerraUSD (UST), на фоне которой токен в моменте опустился до $0,68. дальше »

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Не такой уж стабильный: курс стейблкоина UST падал до $0.61

Третий по капитализации стейблкоин TerraUSD (UST) потерял привязку к доллару США – на фоне продолжающихся распродаж на криптовалютном рынке курс UST падал до $0.61. дальше »

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‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag

A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next.

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Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7

Terra’s LUNA has dropped more than 60% in 24 hours дальше »

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Crypto market crash: Recession concerns and UST causes market chaos

Bitcoin and the wider crypto makets suffered a severe sell-off on Monday. This article explores the external and internal factors that drove the price drop. дальше »

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Binance Restarts LUNA and UST Withdrawals After Brief Suspension

LUNA token down is 52% on-day while UST is trading at 76 cents. дальше »

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UST Stablecoin Veers Wildly From Dollar Peg. Here's the Latest

By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021. дальше »

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Terra peg mechanism in doubt as UST crashes to $0.67

TerraUSD and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs began in the ecosystem. дальше »

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LFG Bitcoin Reserves At Risk As UST Dollar Peg Collapses

As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller. дальше »

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Luna: Why I sold my UST for 95 cents on the dollar today

I ate a healthy dose of humble pie today, so maybe this article can…

The post Luna: Why I sold my UST for 95 cents on the dollar today appeared first on Coin Journal.

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New Fed Report Repeats Warning About Stablecoin Run Risks as UST Loses Peg

The U.S. government again named stablecoins as a potential threat to the stability of the financial system, with both the Federal Reserve and a senior Treasury official saying Monday that the tokens are vulnerable to runs. дальше »

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Terra’s LFG to lend OTC traders $1.5B in BTC, UST to support stablecoin peg

Luna Foundation Guard (LFG) said on May 9 that it will lend out $1. 5 billion worth of Bitcoin (BTC) and UST to defend the algorithmic stablecoin’s peg to the United States dollar. The post Terra’s LFG to lend OTC traders $1. дальше »

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TerraUSD Stablecoin Plunges Below $0.95

The TerraUSD stablecoin (UST) is now valued at close to $0.95 as the asset’s market value continues to decline. TerraUSD Falls by Five Cents Terra’s UST stablecoin has fallen 5%... дальше »

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42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles

The Bitcoin price plunged below $31,000 on Monday, marking a new low for the year. Altcoins also sold off sharply.

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Investors Flee Terra’s Anchor as UST Stablecoin Repeatedly Loses $1 Peg

Deposits on the Anchor protocol plunged below $9 billion from $14 billion since Friday after Terra’s stablecoin, UST, struggles to recover to $1. ANC, the protocol’s token fell 35% during the day. дальше »

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Terra’s LFG Sells $750M of Bitcoin, UST Depegs by 7% (Luna Price Update)

Terra’s native stablecoin TerraUSD (UST), which has been the talk of the town for the last few weeks now, is at its worst at the moment. Stemming from UST liquidations… The post Terra’s LFG Sells $750M of Bitcoin, UST Depegs by 7% (Luna Price Update) appeared first on CoinCentral. дальше »

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Terra (LUNA) Getting Annihilated as UST Loses Its Peg

One of the hottest cryptocurrency projects is facing a major test amid market turmoil дальше »

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Terra’s LFG To Loan 750M UST To Accumulate Bitcoin As Crypto Market Loses Over $170 Billion In A Day

LFG acknowledged the ongoing market volatility had hit almost all risk assets, with the effect on crypto-assets being significantly bloody. дальше »

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How Terra Is Using Its Bitcoin Reserves To Keep UST Stable

Terra, through the Luna Guard Foundation (LFG), has been purchasing bitcoin to use as reserves for its UST stablecoin. This has gone well according to plan and out of the $10 billion worth of bitcoin founder Do Kwon said that the foundation would be buying for its reserves, more than $2.9 billion in BTC has […] дальше »

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Terra’s UST drops 850 basis points against the dollar, loses peg

UPDATE: UST is now trading at $0.91 as of 7.42GMT May 9 and appears to have lost its dollar peg. The post Terra’s UST drops 850 basis points against the dollar, loses peg appeared first on CryptoSlate. дальше »

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UST Stablecoin Loses Dollar Peg for Second Time in 48 Hours, LUNA Market Cap Falls Below UST's

The development comes after the Luna Foundation Guard announced that its massive bitcoin reserves will be used to defend the UST’s dollar peg. дальше »

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UST Stablecoin Falls Below Dollar Peg for Second Time in 48 Hours

The development comes after the Luna Foundation Guard announced that its massive bitcoin reserves will be used to defend the UST’s dollar peg. дальше »

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Terra: Amid news of UST's depegging, here's how the future looks for LUNA

Imagine trying to escape the volatility madness that plagues the cryptocurrency market by holding a stablecoin. You know that stablecoins usually peg their market value to some external reference suchThe post Terra: Amid news of UST's depegging, here's how the future looks for LUNA appeared first on AMBCrypto. дальше »

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Luna Foundation выделяет $1,5 млрд для обеспечения TerraUSD

Совет Luna Foundation Guard (LFG) предоставит кредит OTC-трейдерам на сумму $1,5 млрд для обеспечения привязки алгоритмического стейблкоина TerraUSD (UST) к доллару в условиях волатильности рынка. дальше »

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Terra’s LFG to Deploy $1.5B to “Protect the UST Peg”

The Luna Foundation Guard said Monday that it plans to lend $750 million in Bitcoin and 750 million UST to over-the-counter trading firms to help protect the UST peg after... дальше »

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Мнение: 91% пользователей Anchor «проспали» инцидент с UST

Вывод $1,42 млрд из протокола Anchor 7 мая затронул 11 400 адресов. Такие расчеты привел основатель ДАО SplitBrick Педро Охеда. Here are the TOP wallets that withdrew from Anchor on 5/7/22. дальше »

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Highlights May 9: NEAR surges on user growth, LUNA loses 10% after UST peg drop

The crypto market is mostly bearish with the majority of top 100 coins in… The post Highlights May 9: NEAR surges on user growth, LUNA loses 10% after UST peg drop appeared first on Coin Journal. дальше »

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Luna Foundation "Sells" $1.5 Billion in Bitcoin Bought at $47,000 for $33,000: Details

While foundation has not announced the sale, there is no other way to support UST stablecoin дальше »

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LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves

LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST. дальше »

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Terraform Labs CEO Explains UST Depegging as LUNA Prices Plunge

The hottest stablecoin ecosystem in the crypto industry has shown signs of floundering over the weekend as UST dropped its peg and LUNA prices plunged. The post Terraform Labs CEO Explains UST Depegging as LUNA Prices Plunge appeared first on BeInCrypto. дальше »

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Luna Foundation Guard Lends $1.5B in BTC and UST for Stablecoin Peg

The move comes after UST briefly lost its peg to the U.S dollar over the weekend. дальше »

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TerraUSD dollar peg rocked by weekend dump, LUNA drops 20%

A seemingly coordinated attack on the Terra ecosystem occurred this weekend, May 7th, as hundreds of millions of dollars worth of UST was dumped on Curve Finance. The post TerraUSD dollar peg rocked by weekend dump, LUNA drops 20% appeared first on CryptoSlate. дальше »

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UST Stablecoin Briefly Loses Peg, Luna Drops 10%

UST briefly lost its dollar peg on Saturday, leading to questions around whether Terra’s Bitcoin reserves will soon face their first test дальше »

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285 Million UST Sold by Single Wallet on Curve and Binance Triggers Huge Outflows

LUNA supporters, however, believe that this might be a "deliberate and coordinated attack" дальше »

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Terra’s BTC Buying Spree Effect On Bitcoin Price

The ecosystem of layer 1 Terra has been on the rise for the past year. Apart from being cheap and easy to use, one of the best features of Terra is its native stablecoin UST. The coin is pegged to the US dollar and can be used to pay for gas fees on the network. […] дальше »

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Terra Ecosystem Faces Pressure as Stablecoin Depegs

Terras UST experienced a similar depeg event during a market-wide meltdown in May 2021. More Problems for UST Its been an eventful weekend for the Terra ecosystem. The Layer 1... дальше »

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LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?

Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.

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