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As TerraUSD [UST] careens out of control, is Tether [USDT] …

https://ambcrypto.com/as-terrausd-ust-careens-out-of-control-is-tether-usdt-headed-the-same-way/

May 12, 2022  · Even if Cardano founder Charles Hoskinson thinks that Tether is the next TerraUSD, the fact of the matter remains that USDT recovered from a price of about $0.9514 at press time. Et Tu, Tether? — Charles Hoskinson (@IOHK_Charles) May 12, 2022. That being said, as USDT prices slipped, one metric which drastically increased was Uniswap ...

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TerraUSD (UST) Price, Chart & News | Binance: TerraUSD price, …

https://www.binance.com/en/price/TERRAUSD

TerraUSD (UST) resumed its downward spiral Tuesday afternoon New York time, sinking below $0.80 as it breached a relatively quiet 12-hour period when its price remained stable around 10% off its dollar peg.Terra’s shaky stablecoin has struggled to maintain its $1 target since this weekend’s dips began; it reached as low as $0.68 Monday in a ...

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Blockchain Series: What Is TerraUSD? | PYMNTS.com

https://www.pymnts.com/cryptocurrency/2022/blockchain-series-what-is-terrausd-the-no-3-stablecoin-doesnt-have-a-single-dollar-behind-it/

Apr 22, 2022  · But TerraUSD has another target on its back: It is an algorithmic stablecoin, with a dollar peg backed not by a one-to-one cache of fiat currency and …

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Collapsed Stablecoin TerraUSD Announces Recovery Plan as …

https://www.usnews.com/news/technology/articles/2022-05-11/dollar-pegged-stablecoin-terrausd-falls-to-30-cents

May 11, 2022  · TerraUSD, also known as 'UST', slipped below its 1:1 peg to the dollar this week, roiling cryptocurrency markets already under pressure alongside tumbling stock markets.

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Collapsed Stablecoin TerraUSD Announces Recovery Plan

https://www.newsmax.com/finance/streettalk/terrausd-stablecoin-cryptocurrency/2022/05/11/id/1069370/

May 11, 2022  · TerraUSD, the so-called stablecoin that unexpectedly broke its dollar peg this week, will adjust its complex pegging mechanism in an attempt to stabilize the cryptocurrency, its co-founder said in a tweet on Wednesday.. Stablecoins are digital tokens pegged to the value of traditional assets, such as the U.S. dollar. They are popular in times of turmoil in crypto …

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Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.’

https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-11652371839

May 12, 2022  · The cryptocurrency TerraUSD had one job: Maintain its value at $1 per coin. Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of a penny from its intended price.

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How was the Terra(LUNA) & TerraUSD (UST) Impact the Crypto …

https://coinpedia.org/price-analysis/how-was-the-terraluna-terrausd-ust-impact-the-crypto-space/

May 12, 2022  · Crypto markets bleed red as Terra continues to drop hard as circulation rises; Terraform labs attempt to stabalize the UST at the earliest, …

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TerraUSD collapse unlikely to hamper blockchain innovation in …

https://www.straitstimes.com/business/economy/terrausd-collapse-unlikely-to-hamper-blockchain-innovation-in-spore

1 day ago · SINGAPORE - The blockchain industry in Singapore and elsewhere will survive virtually unscathed from the ripple effects of TerraUSD's shocking meltdown that has shaken investor confidence in ...

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TerraUSD ‘stablecoin’ delisted from crypto exchanges

https://www.theguardian.com/technology/2022/may/13/terrausd-stablecoin-crypto-exchanges

May 13, 2022  · TerraUSD was once valued at more than $40bn (£33bn). Shockwaves swept through cryptocurrency markets on Thursday as tether, the largest stablecoin and a foundational part of the digital asset ...

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Bitcoin’s value nears $30,000 mark as Luna Foundation Guard …

https://techcrunch.com/2022/05/09/bitcoins-value-nears-30000-mark-as-luna-foundation-guard-liquidates-wallet/

May 09, 2022  · Bitcoin’s price is down more than 50% from its November 2021 peak and has fallen over 11% today, nearing the $30,000 mark, leaving many investors scrambling to figure out what’s going on.

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TerraUSD Founder Do Kwon Mocked Critics for Being 'Poor' …

https://markets.businessinsider.com/news/currencies/terra-usd-ust-luna-do-kwon-poor-critics-crypto-crash-2022-5

May 12, 2022  · TerraUSD is a so-called algorithmic stablecoin that was supposed to maintain its peg to $1 by encouraging traders to trade the asset …

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Citadel Securities, BlackRock Deny Involvement in Terra Fall

https://www.bloomberg.com/news/articles/2022-05-11/citadel-securities-says-not-involved-in-terra-stablecoin-crash

May 11, 2022  · Citadel Securities, no stranger to social-media controversies, has found itself the subject of another one: the collapse of the algorithmic stablecoin …

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Cryptocurrency TerraUSD Falls to 11 Cents, Creator Announces …

https://www.wsj.com/articles/cryptocurrency-terrausd-falls-to-11-cents-creator-announces-rescue-plan-11652737138

May 16, 2022  · The price of TerraUSD, created to maintain a value equal to a dollar, was down 36% at 11 cents, according to CoinMarketCap. Trading volume over the past 24 hours was less than $400 million, down ...

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TerraUSD Founder Do Kwon Wants to Save Terra With Blockchain …

https://markets.businessinsider.com/news/currencies/crypto-collapse-terra-ust-luna-do-kwon-hard-fork-ecosystem-2022-5

May 17, 2022  · TerraUSD founder Do Kwon has put forward a new "revival plan" for the Terra ecosystem, after the collapse of its stablecoin and sister token luna fed a wider cryptocurrency meltdown last week.

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Luna and TerraUSD Cryptocurrency Crash. This Week's Top …

https://www.cnet.com/personal-finance/crypto/luna-and-terrausd-cryptocurrency-crash-this-weeks-top-bitcoin-and-crypto-news/

May 14, 2022  · Luna and terraUSD are linked on the terra blockchain, and the idea was that the luna cryptocurrency would stabilize the terraUSD if the stablecoin's value was ever in danger of wavering from the ...

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Luna Foundation Guard dumps $2.4 billion from Bitcoin reserves in ...

https://fortune.com/2022/05/16/luna-foundation-guard-dumps-bitcoin-reserves-terra-usd-peg/

May 16, 2022  · The second largest known holder of Bitcoin revealed its massive reserves have been all but depleted as its creator Do Kwon says he's "heartbroken" over collapse of stablecoin.

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Untethered: Here’s everything you need to know about TerraUSD, …

https://cointelegraph.com/news/untethered-here-s-everything-you-need-to-know-about-terrausd-tether-and-other-stablecoins

May 12, 2022  · The crypto winter could be claiming more casualties among the stablecoin camp. The de-pegging of TerraUSD (UST) on Tuesday triggered market sell-offs, and now Tether (USDT) appears to be losing ...

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Terra (LUNA) Crypto Founder Do Kwon Pitches Hard Fork - Benzinga

https://www.benzinga.com/markets/cryptocurrency/22/05/27242122/do-kwon-proposes-terra-hard-fork-airdrop-to-ust-and-luna-holders

May 17, 2022  · Terra LUNA/USD founder Do Kwon has proposed a blockchain hard fork to revive the project’s ecosystem.. What Happened: In an announcement on Monday, Kwon put forward a governance proposal to fork ...

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Terra’s Stablecoin UST On Course To Overtake Meme King …

https://zycrypto.com/terras-stablecoin-ust-on-course-to-overtake-meme-king-dogecoin-as-luna-accelerates/

Apr 18, 2022  · Terra’s algorithmic stablecoin TerraUSD, otherwise known as UST, has become the third-biggest stablecoin by market capitalization after usurping Binance USD (BUSD). At the current market value, UST is close to overtaking the market’s largest meme-inspired cryptocurrency, Dogecoin (DOGE). Terra’s UST is Now The Third-Largest Stablecoin

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How TerraUSD, a Digital Token Designed to be Stable, Fueled a …

https://www.barrons.com/articles/stablecoins-crypto-crash-tether-usdc-terra-luna-bitcoin-51652298703

May 12, 2022  · Bitcoin and other cryptocurrencies went from bad to worse as selling pressure spread across the tech landscape. But the latest crypto crash was also fueled by stablecoins, a type of token that’s ...

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CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

https://www.coindesk.com/tv/first-mover/ust-meltdown-continues-as-crypto-markets-communities-suffer-heres-where-things-stand/

May 12, 2022  · Another 24 hours of painful losses in the crypto markets. "First Mover" discusses new details in the TerraUSD (UST) drama and markets analysis from Kevin Zhou of Galois Capital, Michael Gronager ...