2022-05-30
Bloomberg
9 related
Nansen: TerraUSD's collapse likely wasn't due to a single attacker but resulted from the investment decisions of a few, large UST holders like Celsius Network
The collapse of the TerraUSD (UST) stablecoin that sent shockwaves throughout the crypto ecosystem can't be attributed to a single attacker, according to researcher Nansen. Source: Nansen .
2022-05-11
The Block
1 related
As Luna crashes, Terra Analytics says ~152M LUNA tokens, or 30% of the circulating supply, are being staked, meaning many can't exit their position for weeks
Quick Take — The price of Luna has dropped 93% in the last 24 hours. — Those who have their Luna tokens staked … Tweets: @drodriguezfx , @xbenjamminx , @fomomental , @xbenjamminx , and @misinterpret...
2022-05-10
CoinDesk
22 related
CoinMarketCap: UST stablecoin loses its USD peg, falling as low as $0.60, after the Luna Foundation Guard pledges $1.5B of its bitcoin reserves to support UST
Despite Loan From Bitcoin Reserves The Block : Crypto researcher unpacks why UST broke down and what happens next Brian Newar / Cointelegraph : Terra peg mechanism in doubt as UST crashes to $0.67 Rya...
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