Mirror Protocol app on the old Terra blockchain lost $92 million in hacks

May 31, 2022

Mirror Protocol app on the old Terra blockchain lost $92 million in hacks

The first attack, which was reported on Twitter, took place back in the fall of 2021

Insider: Terraform Labs CEO develops new stablecoin on Terra 2.0

May 31, 2022

Insider: Terraform Labs CEO develops new stablecoin on Terra 2.0

This was reported on Twitter by an anonymous analyst under the nickname FatMan

US regulator warned of potential USDT vulnerability

May 31, 2022

US regulator warned of potential USDT vulnerability

According to OCC chief Michael Hsu, it is necessary to introduce the regulation of the stablecoins market to prevent risks

Analysts reported Celsius Network’s involvement in Terra’s collapse

May 30, 2022

Analysts reported Celsius Network’s involvement in Terra’s collapse

Experts believe that the collapse of the ecosystem was caused by the actions of a small number of crypto investors and cannot be attributed to a single attacker

CFTC commissioner compared crypto investments to buying lottery tickets

May 30, 2022

CFTC commissioner compared crypto investments to buying lottery tickets

Such a statement Caroline Pham made in connection with the collapse of the Terra ecosystem

Tether launched USDT stablecoin on the Polygon network

May 30, 2022

Tether launched USDT stablecoin on the Polygon network

This is the 11th network to support the asset

Terra to burn 1,3 billion UST stablecoins

May 27, 2022

Terra to burn 1,3 billion UST stablecoins

More than 99% of the community members voted to burn stablecoins

Circle urged the Fed to abandon the issue of the digital dollar

May 26, 2022

Circle urged the Fed to abandon the issue of the digital dollar

The issuer of the USDC stablecoin believes that CBDC can slow down the development of new technologies and negatively affect the private sector of stablecoins

Alan Howard spoke about the strategy of investing in cryptocurrencies

May 26, 2022

Alan Howard spoke about the strategy of investing in cryptocurrencies

According to the billionaire, it is necessary to diversify one’s funds as much as possible

Macroeconomist calls business models of most altcoins unsustainable

May 25, 2022

Macroeconomist calls business models of most altcoins unsustainable

Lyn Alden also noted that the UST stablecoin attracted investors with its high yield, but could not be used as a means of payment

South Korean police arrest streamer for visiting home of Terra founder

May 25, 2022

South Korean police arrest streamer for visiting home of Terra founder

Blogger Chancers, who lost $2.4 million because of the LUNA crash, tried to find out about Do Kwon's plans to restore the ecosystem

South Korean regulator to audit Terra

May 25, 2022

South Korean regulator to audit Terra

Also, after the rate collapse of UST and LUNA, the Financial Supervisory Service intends to classify cryptocurrencies by types of risks