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Terraform Labs Fights Back Against SEC Fine
Terraform Labs has declared its opposition to paying the $5.3 billion fine levied by the American regulatory authority, pointing out that most investors in the TerraUSD (UST) stablecoin are based outside the U.S. It should be noted that the project saw a total of $40 billion in assets obliterated.The UST and LUNA Crash: One Year Later and Its Lasting Impact
One year ago, the crypto world witnessed the dramatic collapse of the UST stablecoin and LUNA token, which has left an indelible mark on the market. The creator of the Do Kwon project, who had confidently promised to restore the UST peg to the US dollar, is now synonymous with the debacle that shook investor confidence and contributed to the intensification of the bearish market.Anchor Protocol - the DeFi project from the founders of Terra
An analysis of the fateful Anchor Protocol project developed by the founders of the failed blockchain. How did the protocol attract investors, how did it affect the growth of UST and LUNA? Most importantly: why did the Anchor Protocol lead to Terra’s collapse?What is Terra Luna Classic (LUNC)? Project overview
The Terra Luna Classic (LUNC) is the native token of the original Terra blockchain. The token gained notoriety not only for its initial growth after launch but also for its subsequent plummet, resulting in nearly a 100% loss in value during the TerraUSD (UST) collapse.Hedge funds vs. Tether: traders are actively shorting USDT after the collapse of UST
The Terra USD crash did not go unnoticed for other stablecoins pegged to the US dollar. Thus, hedge funds oriented to the cryptocurrency market are seeking to intensify the sale of Tether. The total amount of available offers is hundreds of millions of dollars.1 - 10 of 10 results