People
CZ shares his thoughts on the crypto space following Terra’s collapse
CZ asserts that crypto projects must learn to always communicate with their communities, especially in times of crisis.
Jinia Shawdagor 3 min read
LUNC
Terra news today
Tracking Terra’s collapse, ongoing legal fallout, and its impact on the broader digital asset landscape.
Terra Price $0.00005565
Coverage footprint 1.0%
Top Terra Stories
Stablecoins
Stablegains in hot water after losing more than $40M due to Terra’s collapse
Stablegains allegedly invested investor funds in Anchor Protocol without informing them and lost roughly $42 million when Terra LUNA collapsed along with its UST stablecoin.
Web3
LUNA holders may veto the live vote to fork the Terra network
The voting to fork Luna is underway and is just 13% shy of being vetoed by the community and thus failing
Latest Terra News & Analysis
People
Billionaire backer breaks silence on Terra fiasco calling it ‘heart wrenching’
Mike Novogratz addresses the crypto community after more than a week of silence on the matter.
Stablecoins
What now for stablecoins following the Terra UST disaster?
The Terra implosion provoked a backlash from lawmakers who say tougher rules on stablecoins are needed to govern the space.
Legal
Terra faces litigation from South Korean investors over failed UST investment
The law firm is applying to the Seoul Metropolitan Police Agency to seize all Do Kwon's properties in the country.
People
CZ on Terra LUNA collapse: ‘This is what diamond hands looks like’
For the purposes of transparency, CZ revealed Binance's dealings with Terra including a near $1.6 billion loss incurred on holding LUNA.
Legal
South Korean lawmaker suggests summoning Do Kwon to the national assembly
According to Yun Chang-hyeon, the delay in legislation has seen investors continue losing a lot of money, and bringing in Do Kwon would help introduce measures to protect investors.
Regulation
UK Treasury reaffirms commitment to regulate stablecoins following TerraLUNA fiasco
The UK's Treasury Department will be regulating stablecoins in a move that is set to create a healthy environment for stablecoin issuers and service providers.
