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Bitcoin
$16,604.56-1.70%
Ethereum
$1,205.47-1.42%
Binance Coin
$271.98-0.34%
XRP
$0.37897269-0.79%
Binance USD
$1.00+0.05%
Dogecoin
$0.08423944-2.11%
Cardano
$0.32384800-1.83%
Stellar
$0.08886900-2.32%
Polygon
$0.86887109-2.67%
Crypto.com
$0.07089579+1.15%
Polkadot
$5.60-2.71%
Chainlink
$6.10-4.13%
Uniswap
$5.77-2.27%
Shiba Inu
$0.00000911-1.07%
Aptos
$4.69-3.79%
Solana
$12.90-6.25%
Tron
$0.05070404-0.16%
Litecoin
$61.99-1.83%
Wrapped Bitcoin
$16,536.66-1.83%
Avalanche
$12.81-3.24%
Cosmos
$9.92-2.63%
Quant
$116.27-3.88%
Ethereum Classic
$19.33-3.06%
Monero
$133.52-0.30%
Algorand
$0.30637754+11.04%
Bitcoin Cash
$104.91-0.19%
Internet Computer
$3.87+0.37%
NEAR Protocol
$1.74-5.95%
Chiliz
$0.26896072+10.42%
Filecoin
$4.32-1.49%
VeChain
$0.01901559-2.93%
Flow
$1.21-0.21%
Luna Classic
$0.00017536+0.57%
Hedera
$0.04755344-2.24%
Elrond
$42.75-2.68%
Curve DAO Token
$0.54735093-3.16%
ApeCoin
$3.10+4.21%
EOS
$0.89190000-2.39%
Paxos Dollar
$0.99756571+3.62%
Aave
$57.75-4.86%
Decentraland
$0.41121775-2.72%
Theta
$0.89627677-0.43%
The Sandbox
$0.57476470-2.20%
Tezos
$0.97880000-1.33%
Axie Infinity
$7.07-2.59%
Bitcoin SV
$39.03-0.29%
NEO
$6.62-1.17%
Maker
$653.93-0.53%
BitTorrent
$0.00000066-0.73%
IOTA
$0.21770720-1.45%
PancakeSwap
$3.81-0.71%
eCash
$0.00002874+0.16%
Synthetix
$1.74-0.50%
Zcash
$38.67-3.66%
PAX Gold
$1,741.41-0.77%
FTX Token
$1.43-8.04%
Fantom
$0.17985825-1.07%
The Graph
$0.05949546-3.38%
Mina
$0.54994935-3.13%
Nexo
$0.69956031-0.36%
Compound
$38.51-4.34%
Dash
$34.30+0.13%
THORChain
$1.19-1.98%
Ethereum Name Service
$13.04-0.42%
Basic Attention Token
$0.22329700-1.44%
Zilliqa
$0.02184578+1.19%
Stacks
$0.23523009+0.27%
Enjin
$0.30743271-1.22%
Loopring
$0.24578953-1.86%
Mask Network
$3.04-5.57%
Sushiswap
$1.20-3.82%
Kava.io
$0.89290271-4.71%
Decred
$19.68-1.14%
NEM
$0.03176281-0.58%
Amp
$0.00366244-1.46%
Terra 2.0/LUNA
$1.67-0.55%
Immutable X
$0.40531182-2.43%
Bitcoin Gold
$13.63+2.29%
Ravencoin
$0.02120449-2.23%
IoTeX
$0.02585387+2.46%
TerraUSD
$0.02445876+6.04%
Oasis Network
$0.04645259-1.71%
Waves
$2.32-1.67%
Yearn Finance
$6,109.66-0.75%
Celo
$0.46191019+1.84%
Qtum
$2.06-0.91%
Kusama
$23.82-3.95%
Gala
$0.02727917-1.83%
Polymath Network
$0.19353815+5.09%
Optimism
$0.89722606-2.38%
UMA Protocol
$1.67-0.08%
0x
$0.18082804+0.00%
Livepeer
$7.17-3.37%
Ankr
$0.02148725+0.98%
Celsius
$0.41116014-17.30%
Moonbeam
$0.35839579-0.94%
OMG Network
$1.13-1.10%
Woo Network
$0.12659009-0.11%
Secret
$0.75409214-9.99%
ICON
$0.15595614+0.81%
Audius
$0.14700351-3.79%
Injective Protocol
$1.71-1.53%
Siacoin
$0.00244058+5.27%
NuCypher
$0.09910000-0.57%
Wax
$0.05384226+0.39%
SXP
$0.23534079-5.62%
Voyager Token
$0.39442662-5.44%
Lisk
$0.77810255+4.87%
DigiByte
$0.00693929-2.39%
Skale
$0.02608223-2.84%
Smooth Love Potion
$0.00250771+0.21%
Civic
$0.09360616+1.02%
Nervos Network
$0.00260514+4.30%
Aragon
$2.14+2.49%
Band Protocol
$1.94-3.71%
Nano
$0.59278315-3.03%
COTI
$0.06983429-4.71%
Syscoin
$0.11400395+1.14%
Ren
$0.07557560-3.42%
SafePal
$0.69824111-12.66%
MOBOX
$0.46595029+0.53%
WazirX
$0.15127389-1.97%
Vulcan Forged PYR
$2.86-2.13%
Bancor
$0.35598498-2.60%
Numeraire
$11.12+0.01%
Request
$0.08657578-7.51%
Steem
$0.16517497+0.74%
Chromia
$0.11208314-1.01%
Serum
$0.23586212-10.48%
iExec RLC
$0.84739572-5.10%
Augur
$5.28+3.84%
XYO Network
$0.00441000-0.89%
Joe
$0.14873607-3.91%
NKN
$0.07629648-2.41%
Alchemy Pay
$0.00992019-1.04%
Stormx
$0.00514133+0.97%
Orchid
$0.08064026-0.56%
Storj
$0.31561898+3.22%
Moonriver
$7.99-1.57%
Sun Token
$0.00499696-2.78%
Keep Network
$0.07958305-1.56%
Fetch.ai
$0.05963104-3.06%
Yield Guild Games
$0.21517986-2.54%
Verge
$0.00219684-0.84%
Polkastarter
$0.34878270-1.95%
Alpaca Finance
$0.22357681-1.85%
Index Chain
$0.04627474+1.19%
Enzyme
$20.23+1.46%
CLV
$0.05963520-1.81%
Raydium
$0.18159348-4.13%
Quickswap
$53.09-1.08%
Mirror Protocol
$0.14174391+15.09%
Harvest Finance
$29.52-1.46%
JasmyCoin
$0.00406875-0.55%
Kyber Network
$0.59462854-3.37%
district0x
$0.02120000-7.44%
SuperRare
$0.10386866-1.90%
Quantstamp
$0.01319000-2.37%
Star Atlas DAO
$0.17144922-5.56%
SingularDTV
$0.000402100.00%
Tether
$0.99908951+0.02%
USD Coin
$1.00+0.06%
Dai
$1.00+0.09%
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Crypto Prices CoinDesk Market Index

do kwon

(Paulo Calheiros/Unsplash)
Policy
Regulations
Regulators Should Pay Attention to UST
A stablecoin de-pegged. People lost money. It ain’t great.
(Paulo Calheiros/Unsplash)
By Nikhilesh De
May 11, 2022 at 11:01 p.m. UTC
May 11, 2022
regulationsNewslettersState of CryptoUSTTerraLuna Foundation GuardDo KwonSEC
(koyu/iStock/Getty Images Plus)
Layer 2
Luna foundation guard
The LUNA and UST Crash Explained in 5 Charts
One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.
(koyu/iStock/Getty Images Plus)
By Sam KesslerSage D. Young
May 11, 2022 at 10:12 p.m. UTC
May 11, 2022
Luna Foundation GuardUSTStablecoinsDo Kwon
DoMosh
Markets
Do kwon
'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg
Terra's UST briefly fell below $6.5 billion in market cap on Wednesday morning, allowing DAI to be the fourth-biggest stablecoin on the market for a time.
DoMosh
By Helene Braun
May 11, 2022 at 8:18 p.m. UTC
May 11, 2022
Do KwonTerraUSTStablecoinsMarketsDAIMarket CapMarket Capitalization
LUNA fell to as low as $7.62 in Asian hours. (TradingView)
Layer 2
Terra
Do Kwon Is the Elizabeth Holmes of Crypto
If you promise investors something impossible, is it a crime?
LUNA fell to as low as $7.62 in Asian hours. (TradingView)
By David Z. Morris
May 11, 2022 at 8:17 p.m. UTC
May 11, 2022
TerraStablecoinsDo KwonOpinionThe NodeNewsletters
Do Kwon (Terraforms Labs, modified by CoinDesk)
Tech
Terra
UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex-Terra Colleagues Say
Basis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees.
Do Kwon (Terraforms Labs, modified by CoinDesk)
By Sam KesslerDanny Nelson
May 11, 2022 at 3:15 p.m. UTC
May 11, 2022
TerraStablecoinsDo Kwon
Terraform Labs CEO Do Kwon on CoinDesk TV in December (CoinDesk)
Markets
Markets
Terraform Labs Gives $820M in LUNA Tokens to Luna Foundation Guard
LFG's reserves now stand at about $2.4 billion.
Terraform Labs CEO Do Kwon on CoinDesk TV in December (CoinDesk)
By Krisztian Sandor
Apr 14, 2022 at 5:07 p.m. UTC
Apr 14, 2022
MarketsTerraDo Kwon
Terraform Labs CEO Do Kwon on CoinDesk TV in December. Terraform has contributed to the Luna Guard Foundation.
Markets
Ust
Luna Foundation Guard Adds $100M in BTC to UST Reserves
LFG's balance now sits at $2.26 billion, 75% of which is bitcoin.
Terraform Labs CEO Do Kwon on CoinDesk TV in December. Terraform has contributed to the Luna Guard Foundation.
By Sam Reynolds
Apr 13, 2022 at 9:18 a.m. UTC
Apr 13, 2022
USTLunaTerraBitcoinDo Kwon
Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk screenshot)
Markets
Luna foundation guard
Luna Foundation Guard Holds Almost 40,000 BTC After Weekend Purchase
Luna Foundation Guard bought $173 million worth of bitcoin over the weekend, but bitcoin is down 2%.
Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk screenshot)
By Sam Reynolds
Apr 11, 2022 at 4:03 a.m. UTC
Apr 11, 2022
Luna Foundation GuardTerraDo Kwon
(Drew Beamer/Unsplash)
Markets
Crypto long & short
Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency
With a plan to buy up $10 billion of BTC, Do Kwon’s UST stablecoin project may be fulfilling a prophecy by the late recipient of the first bitcoin transaction.
(Drew Beamer/Unsplash)
By George Kaloudis
Mar 27, 2022 at 2:50 p.m. UTC
Mar 27, 2022
Crypto Long & ShortHal FinneyStablecoinsTerraDo KwonLuna Foundation Guard