👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The collapse of the Terra ecosystem has sent […]
Category: Stablecoin
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Yet another Terra Luna proposal fails to execute after passing a vote
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Proposal 1299 to (re)enable IBC passed over the […]
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Taking a deeper look into the UST-USD decoupling and how LUNA plummeted by 99%
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! TerraUSDT (UST) is (though “was” might be better)an […]
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Brazilian crypto exchange refunds all UST holders 1:1
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Brazil-based crypto exchange Nox Bitcoin announced it will spend 620.000 Brazilian reais to reimburse UST holders, crypto news outlet Portal do Bitcoin […]
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Terra LUNA fork voting in chaos amid massive inflation
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In response to the de-pegging of UST, trillions of LUNA coins were minted due to the nature of the Terra LUNA algorithm […]
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Stablegains in hot water after losing more than $40M due to Terra’s collapse
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Yield app Stablegains faces allegations of misusing clients’ money — and possibly a lawsuit — after losing more than $42 million, which […]
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Tether’s $82.4B reserves exceed market cap of USDT
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The world’s biggest stablecoin has just released its quarterly transparency report a day before the deadline of May 20. The report indicates […]
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South Korean lawmaker suggests summoning Do Kwon to the national assembly
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Yun Chang-hyeon, a lawmaker in South Korea’s ruling party, People’s Power, has suggested summoning Terraform Labs’ founder Do Kwon to a parliamentary […]
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Tether explains why it ‘has nothing in common’ with Terra UST
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The implosion of Terra UST has damaged the reputation of stablecoins and the broader crypto industry. But in an attempt to distance […]
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Luna Foundation Guard reveals where missing 80K BTC reserves went
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The Luna Foundation Guard, the organization responsible for the Terra ecosystem led by Do Kwon, has released information regarding its missing reserve […]
About
Bobby Singh
Founder and CEO
luxuryledger.iototal.exchange
Fortune Magazine’s 40 under 40 for crypto nominee, Bobby is a visionary technologist building next-generation startups that provide positive impact in global commerce.
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