Regulation
EU regulators criticize stablecoins to promote Euro CBDC
EU regulators are using the attack on UST and USDT stumbling as proof that Europe needs a CBDC
Liam 'Akiba' Wright 2 min read 
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Liam 'Akiba' Wright 2 min read 
Stablecoins
Another algorithmic stablecoin, DEI, loses peg
Deus' team might have contributed to the decline as the developers had halted a mechanism that allowed investors to exchange their DEI for other tokens.
Stablecoins
Terra ecosystem to vote on a fork to create Luna Classic and Luna Core
Do Kwon has released an updated revival plan for validators to vote on and create Luna Core and Luna Classic
More Stablecoins News & Analysis
Adoption
Dubai-based law firm, school to start accepting crypto payments
Ashish Mehta of Ashish Mehta & Associates claims Dubai and the UAEs regulatory and compliance framework encouraged his law firm to accept crypto payments.
Exchanges
Luna Foundation Guard reveals where missing 80K BTC reserves went
LFG will be distributing their remaining reserves to the smallest holders first in order to compensate users
Stablecoins
Binance CEO does not think LUNA recovery plan will work
CZ says no value can be created from Do Kwon's proposal to fork LUNA to a new version to save the ecosystem
Legal
Customers sue Coinbase for promoting and trading the GYEN token
The complaint claims that investors placed GYEN orders believing its value was pegged to the Japanese yen, but the price soared seven-fold before plunging 80%.
Insurance
Insurance protocols are paying out millions to UST holders
DeFi insurance is saving millions of dollars for users who decided to take out cover against a UST de-peg
Stablecoins
Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers
Luna Foundation Guard CEO Do Kwon suggests forking LUNA to a new chain using a snapshot from before the attack