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    Tag: terrausd

    7 Events That Shook The Crypto Market in 2022

    News
    Here are some of the biggest crashes of the crypto space in 2022.

    Do Kwon Hiding Out in Serbia, South Korea Asked Serbian Government to Cooperate

    Community
    Cryptory.net - Terra founder Do Kwon is believed to be in Serbia, South Korea is in the process of requesting cooperation from the Serbian government.

    Three Arrows Capital’s Stablecoins Are in Transit – What is Happening?

    News
    With the risk of facing many legal battles with creditors, Three Arrows Capital has transferred a large number of its stablecoins to KuCoin, according to a recent report.

    TerraClassicUSD (USTC) Spikes 278% Over Past 24 Hours – Time to Buy?

    Community
    Cryptory.net - The price of USTC has rocketed more than 278% over the past 24 hours and 387% for the past week, according to CoinMarketCap.

    Tether to Launch Stablecoin Tied to British Pound

    Community
    Cryptory.net - Tether plans to launch a new stablecoin pegged to the British pound early next month.

    Coinbase Faces Legal Trouble for Listing TerraUSD

    Community
    Cryptory.net - A class action lawsuit was filed on June 16, alleging Coinbase failed to do due diligence when listing stablecoin TerraUSD.

    Stablecoins Account For Nearly 15% Of the Total Crypto Market Value

    Analysis & prediction
    Currently, the crypto market is worth roughly $1.15 trillion, and stablecoins represent 13.8% of that total.

    Anchor Dev Revealed Truth Behind Terra Collapse

    Community
    Cryptory.net - As revealed by an Anchor dev, Terra arbitrarily changed the UST interest rate from 3.6% to 20% right before launch to attract investors.

    LUNA 2.0 Rises 97% Ahead of Binance Listing

    Community
    Cryptory.net - LUNA 2.0 rallied to $11.3 and even $12 on some exchanges before falling back to around $8.4 at the time of writing.
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