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The Latest Breaking News from UST

One of the Biggest Crypto Lenders Freezes Withdrawals

A month after the collapse of the UST and Luna coins, the crypto sphere is in the grip of another big shock.

The Street

Bitcoin Falls to its Lowest Since December 2020

Cryptocurrency prices continue their descent. It's hard to say when they'll hit rock bottom.

The Street

Luna Crash: Co-Founder Accused of Cashing Out $80M Before Scandal

The SEC and others are investigating Terraform Labs following the collapse of the Luna and UST coins.

The Street

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Terra Designer Says Do Kwon Purposely Increased UST Interest Rates From 3.6% To 20% After Being Warned

A new report claims that Do Kwon, Founder of TerraForm Labs and Terra (CRYPTO: LUNA), intentionally hiked Anchor Program’s interest from 3.6% to 20%, despite warnings.

Benzinga

Bitcoin and Crypto Move into Bear Market As Job Cuts Pile Up

The cryptocurrency sector is in a bear market, analysts say, with regulators moving in at 'lightening speed.'

The Street

EXCLUSIVE: How aUSD Is Different From UST, According To Polkadot Stablecoin Protocol Acala Network

Benzinga traveled to Permissionless, a cryptocurrency, DeFi and NFT conference hosted in West Palm Beach.

Benzinga

Crypto Warning From Within: Dogecoin Co-Creator Raises Scam Alarm

Jackson Palmer, a co-creator of meme coin Dogecoin, warns against many crypto projects.

The Street

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Michael Saylor Has No Regrets About $4B Bitcoin Loss, Likens Apex Coin To 2001 Amazon Stock Or Pre-IPO Facebook

One of the most prominent bulls of the future of Bitcoin (CRYPTO: BTC) has been Michael Saylor. The CEO of MicroStrategy Inc (NASDAQ:

Benzinga

Luna 2.0 coin crashes after rocky launch

The relaunch of the highly controversial Luna cryptocurrency faces a rocky start after losing 75% of its value.

Bangkok Post

Terra (LUNA) Community Approves Proposal To Burn 1.3B TerraUSD (UST)

Terra (CRYPTO: LUNA) tokenholders voted on proposal 1747 and decided to burn 1.388 billion TerraUSD (CRYPTO: UST) tokens after the stablecoin collapsed earlier this month.

Benzinga

Abra CEO Talks Consumer-Facing Crypto, Problems To Solve And UST Stablecoin

Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

Luna Is Back After a Multibillion-Dollar Crash

Luna 2.0 is set to launch following the spectacular crash of its earlier version.

The Street

The Luna Crash Might Have Been Intentional – Here's Why

As a result of the Luna cryptocurrency and the (CRYPTO: UST) stablecoin, which are both linked to the Terra (CRYPTO: LUNA) blockchain, the cryptocurrency market has tanked and is struggling to recover, with some even predicting the collapse of t

Benzinga

Twitter and Reddit Showcase Reactions to Crypto Price Crash

People take to social media to share their feelings -- and vent -- about the recent cryptocurrency crash.

The Street

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Al Jazeera

After Terra, Luna crashes, regulators count cost of crypto

Spectacular collapse of stablecoin puts focus on regulatory frameworks in South Korea and Singapore.

The Street

Crypto Crash Costs Billionaire Novogratz Millions (But He’s Keeping the Tattoo)

The former Goldman Sachs banker was a big fan of the Luna token. Despite its crash, he's remains a proponent of crypto.

Benzinga

Bitcoin Bull Mike Novogratz's Conviction In Terra (LUNA) Was So High, He Got It Tattooed On His Arm — Now, It's A 'Constant Reminder' Of 'Humility'

Galaxy Digital Holdings Ltd (OTC: BRPHF) CEO Mike Novogratz has written a letter to shareholders of the company and the cryptocurrency community at large touching on Terra (CRYPTO: LUNA) and TerraUSD (C

The Street

Crypto Prices Tumble as Stock Market Falls

Cryptocurrencies are falling as inflation fears and a slump in retail stocks pull down the stock market.

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Benzinga

Terra (LUNA) Founder Do Kwon Summoned By Korean Lawmakers As Legal Team Quits

South Korean lawmakers have reportedly summoned Terra (CRYPTO: LUNA) founder Do Kwon to appear before Congress and testify on the subject of TerraUSD’s (CRYPTO: UST) collapse.

Bangkok Post

UST collapse hits digital asset market

The global cryptocurrency market saw its value plummet amid heavy sell-offs, with the collapse of TerraUSD (UST), one of the biggest stablecoins, sending shockwaves throughout the digital asset market.

Benzinga

Terra (LUNA) Blow-Up One Of The 'Largest Fiascos' In Crypto Market History, Ark Says

TerraUSD (CRYPTO: UST) losing its peg to the dollar and the subsequent blow-up seen in Terra (CRYPTO: LUNA) was termed one of the “largest fiascos” in cryptocurrency market history by Frank Downing, an analyst w

The Street

Stablecoin Credibility Takes a Hit with the Fall of UST Coin

The collapse of the UST coin is wreaking havoc on the crypto market and destroying industry efforts to win the trust of the general public.

Benzinga

Terra's Do Kwon 'Heartbroken' Over UST Collapse, Doge's Billy Markus Tells Him To Leave The Industry

In a recent Twitter post, Terra (CRYPTO: LUNA) founder Do Kwon has said that he is “heartbroken” about his creations losing all of their value this week.

The Street

Luna Coin Collapse Fuels Social Media Stories of Financial Ruin

Social media is being flooded with stories of financial ruin and concern about suicides following the collapse of Luna coin and its sister token UST.

The Street

Billionaire, ex-Goldman Banker Novogratz Caught Up in Luna Collapse

The spectacular collapse of Luna and its sister token UST has shaken the credibility of cryptocurrencies and the trust placed in crypto evangelists.

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