Do Kwon's proposal to relaunch the Terra blockchain passes with 65.5% of the governance vote; the network will go live on Friday without the UST stablecoin
Quick Take — Do Kwon's proposal to relaunch the Terra blockchain has passed. — In total, 65.5% of votes supported the proposal.
After UST's collapse, most rival algorithmic stablecoins are below their dollar peg; the biggest non-algorithmic stablecoins USDT and USDC are mostly holding
there is no path forward at this point. I would call it — Game Over. I believe as large as these two projects were — there will be a huge investigation and legal actions will be taken similar to the “...
A look at Do Kwon's algorithmic stablecoin UST, designed to trade at $1 but which has been in freefall; CoinMarketCap says there are ~14.8B UST in circulation
Earn ~21% on DFX Finance's EURS/USDC pool! Liam ‘Akiba’ Wright / CryptoSlate : Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST Osato Avan-Nomayo / The Block : Korean crypto ...
A look at Do Kwon's algorithmic UST stablecoin, designed to trade at $1, after it fell as low as $0.60; CoinMarketCap says there are 18.5B UST in circulation
Algorithmic stablecoins, like their more “traditional” counterparts, are supposed to provide calm in the chaos of crypto.
Seoul-based CHAI, whose API helps e-commerce companies accept over 20 payment options, has raised $60M Series B, following a $15M Series A in February
Catherine Shu / TechCrunch : Tweets: @d0h0k1 Tweets: Do Kwon / @d0h0k1 : 2/ First, next steps: @terra_money flagship e-wallet CHAI has raised $70M in Series B financing on the merits of growing to 2....