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Benzinga

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Adrian Zmudzinski

Terra Founder Wants To Save TerraUSD As Reports Suggest He Was Behind The Basis Cash Failed Stablecoin

Terra TerraUSD Do Kwon UST Crypto

Terra (CRYPTO: LUNA) founder Do Kwon announced plans to attempt to save his unstable stablecoin TerraUSD (CRYPTO: UST) while some are suggesting he was also behind failed stablecoin Basis Cash (CRYPTO: BAC), which is now worth under $0.005.

What Happened: After TerraUSD struggled to regain dollar parity after falling under $0.03 on Wednesday, Kwon explained in a tweet that the supply is being absorbed by burning it in exchange for $1 of Terra — but market pressure drove the spread of the mechanism to 40%, slowing it down.

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Pennsylvania shooter who killed 8 was family’s patriarch, slain toddler’s dad says

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Republican Facing Child Rape Charges Could Become Louisiana Police Chief After Opponent Withdraws From Election

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Colorado woman was accused of stealing by sergeant who said he’d been watching her movements for a month. She is now suing both him and Flock Safety

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Another surveillance fiasco.

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Georgia family of 5 dead in apparent murder-suicide

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Bangladesh party backs CJP stir, ex-Yunus aide seeks Modi's fall

Bangladesh party backs CJP stir, ex-Yunus aide seeks Modi's fall

DHAKA: Hardline Jamaat-e-Islami ally and NCP convener Nahid Islam, a key member of the July 2024 movement that led to Sheikh Hasina's ouster as Bangladesh PM, backed the CJP-spearheaded protests in New Delhi, while a former adviser to the erstwhile Muhammad Yunus-led interim govt said he was waiting to witness…

The Times of India

Pennsylvania shooter who killed 8 was family’s patriarch, slain toddler’s dad says

Pennsylvania shooter who killed 8 was family’s patriarch, slain toddler’s dad says

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The Independent UK

Republican Facing Child Rape Charges Could Become Louisiana Police Chief After Opponent Withdraws From Election

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Christopher Paul is expected to win Elizabeth's police chief election unopposed after his opponent withdrew over Hatch Act concerns, despite pending allegations involving two girls.

International Business Times UK

Bubba Wallace, Alex Bowman uninjured after vicious crash in Charlotte NASCAR Cup race

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Wallace very gingerly climbed out of his destroyed No. 23 Toyota, but thankfully walked away under his own power

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Colorado woman was accused of stealing by sergeant who said he’d been watching her movements for a month. She is now suing both him and Flock Safety

Colorado woman was accused of stealing by sergeant who said he’d been watching her movements for a month. She is now suing both him and Flock Safety

Another surveillance fiasco.

We Got This Covered

Georgia family of 5 dead in apparent murder-suicide

Georgia family of 5 dead in apparent murder-suicide

‘This was a hard scene for everybody involved,’ Coffee County Sheriff Fred Cole said

The Independent UK

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