80 Articles 2 Followers
15 Jun 2022 1 minute read 4 comments InsideCrypto
Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we catch up with Tom Yin, one of the newest research analysts at 21Shares. He recently published a...
10 Jun 2022 9 minute read 2 comments Scott Cunningham
The question we aim to answer today is how safe & stable are stablecoins? Let’s dive into some failed examples of algorithmic stablecoins like UST, Basis Cash, and IRON and some new ones like USDD from Tron. https://peakd.com/hive-167922/@scottcbusi...
9 Jun 2022 1 minute read 2 comments Crypto Monkey
What eventually brought down UST and LUNA was a bad design of the algorithmic balance that should maintain the peg of UST to the US dollar. It was an algorithm that worked OK as long as market conditions were not very challenging . Additionally, the...
29 May 2022 1 minute read 0 comments Aldeneer
LUNA 2.0 has launched and old hodlers have gotten some new LUNA as a compensation. Sadly LUNA 2.0 has dropped almost 70% because people started selling new tokens. Also LUNA's creator lost its trust and most people including me think that he is ofici...
29 May 2022 1 minute read 0 comments ssaurel
Life is strange sometimes. Eight days before the explosion of the Terra ecosystem, Do Kwon predicted the death of 95% of the existing cryptocurrencies. So far, nothing too serious, since Do Kwon was stating an obvious fact to me. What was more embarr...
25 May 2022 5 minute read 3 comments Mike Ermolaev
As a result of the Luna cryptocurrency and the UST stablecoin, which are both linked to the Terra blockchain, the cryptocurrency market has tanked and is struggling to recover, with some even predicting the collapse of the entire cryptocurrency marke...
25 May 2022 1 minute read 0 comments Stormgain
The collapse of Terra's UST project, which was the third-largest stablecoin by market cap, has cast a shadow over the entire decentralised finance sector. Over the last 30 days, cross-chain bridges lost 20% of their capitalisation, while the total lo...
24 May 2022 5 minute read 4 comments I-HODL
The UST/LUNA fallout continues, my friends. Today, South Korean exchanges meet with members of the ruling party to defend their actions during the recent crypto crash as, according to reports, they are being charged with failing to implement enough i...
23 May 2022 1 minute read 0 comments Aldeneer
USDD is a new algorythmic stablecoin, it works similar to TerraUSD. Both are algorythmic stablecoins, both are minted by burning their network's token (USDD by burning Tron (TRX) and UST was minted by burning LUNA), both offer huge interest rates (US...
23 May 2022 2 minute read 10 comments qsyal
This is going to be a really short post as I only wanted to share a piece of good news for UST holders (pre-attack). As we all know both LUNA and its "algorithmic" stablecoin crashed in the past few days in an epic "attack" that ended up with LUNA...
