Following the collapse of TerraUSD and Luna, South Korea passes the Virtual Asset User Protection law, which defines digital assets, imposes penalties, and more
Hooyeon Kim / Bloomberg :
After the SEC's recent actions and failures of FTX, Celsius, and Luna, Republican lawmakers proposing a crypto market bill is a jarring gift to the industry
Republican proposal for new legislation would legitimise the digital asset industry and undermine investor protection
Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed
Terra's “Stable” Coin Destabilizes Finsmart Community / Finsmart's Newsletter : Could this be the end of $UST / $LUNA? Ian Allison / CoinDesk : ‘Stable in Name Only’: Stablecoin Issuers Speak Out as U...
Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed
The blockchain behind the collapsed TerraUSD stablecoin and the affiliated Luna token stopped processing new transactions for the second time in less than a day. Source: @terra_money .