TerraUSD

Ethereum (CRYPTO: ETH) co-creator Vitalik Buterin weighed in on the disaster that saw Terra (CRYPTO: LUNA) and its algorithmic stablecoin TerraUSD (CRYPTO: UST) collapse last week. What Happened: In a tweet on Saturday, Ethereum educator Anthony Sassano suggested the cryptocurrency...

One of the biggest stories in the world of cryptocurrency this week has been the fall of a stablecoin and a coin associated with it. Here’s a look at how an investment in the cryptocurrency has fared in 2022. What Happened: The cryptocurrency market is crashing tand many of the largest coins...

"Rich Dad, Poor Dad" author Robert Kiyosaki believes that Bitcoin’s (CRYPTO: BTC) downward spiral is “great news.” What Happened: In a tweet on Thursday, the outspoken author said he was waiting for Bitcoin to crash to $20,000. BITCOIN CRASHING. Great news. As stated in...

Bitcoin (CRYPTO: BTC) bull Anthony Pompliano, better known by the nickname "Pomp," dismissed allegations that he had been “promoting” Terra (LUNA) or Terra USD (UST) stable coin. What Happened: Pompliano said in a recent note that a lot of people are...

Bitcoin (CRYPTO: BTC) captured the public and media’s imagination in 2017 when it soared from $1000 at the beginning of the year to $20,000 by December.  The apex cryptocurrency had been less than a decade old in 2017. The surge in the cryptocurrency took place post halving just like it...

BlackRock, Inc. (NYSE: BLK) and Citadel Securities have denied any involvement in the collapse of Terra’s (CRYPTO: LUNA) algorithmic stablecoin TerraUSD (CRYPTO: UST). What Happened: According to a Wednesday report from Forbes, both the investment firms said in separate emails that they do...

Professional sports leagues have become more accepting of cryptocurrency and opened their doors to sponsorship opportunities. One deal signed earlier this year is now being called into question. What Happened: In February 2022, Major League Baseball’s Washington Nationals signed a $40 million...

The native token of the Terra (CRYPTO: LUNA) blockchain crashed 56% over 24 hours as its stablecoin, TerraUSD (CRYPTO: UST), lost its peg for the second time in 48 hours. What Happened: According to data from Benzinga Pro, LUNA fell from an intra-day high of $64.62 to an intra-day...

Terra (CRYPTO: LUNA) co-founder Do Kwon said he plans to add $10 billion worth of Bitcoin (CRYPTO: BTC) to the project’s reserves. What Happened: Kwon announced the move on Twitter, saying that Terra having huge Bitcoin reserves will “open a new...