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luna foundation-guard

Head of FTX.US, Brett Harrison, during an interview with CoinDesk at the World Economic Forum annual meeting 2022 in Davos, Switzerland. (Source: CoinDesk)
FTX’s Harrison Says Stablecoin Demand Will Survive Terra's Collapse
The head of one of the largest crypto exchanges in the U.S. said fiat-backed stablecoins are still reliable and not risky.
Head of FTX.US, Brett Harrison, during an interview with CoinDesk at the World Economic Forum annual meeting 2022 in Davos, Switzerland. (Source: CoinDesk)

Moon
The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA
A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
Moon

Luna's new token has been listed on Binance. (Annie Spratt/Unsplash)
Terra's New Luna Token Surges 40% After Listing on Binance
Terra's new luna token has attracted more than $850 million in trade volume over the past 24-hours as it begins to build momentum.
Luna's new token has been listed on Binance. (Annie Spratt/Unsplash)

TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)
Nansen Research Debunks Single 'Attacker' Myth in Terra's Collapse
The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.
TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)

Terra Washington Nationals
Korean Police Move to Freeze Luna Foundation Guard Assets: Report
Seoul police are seeking to ban the entity from withdrawing suspected embezzled funds.
Terra Washington Nationals

A pile of trash in the Terra Club at Nationals Ballpark (Danny Nelson/CoinDesk)
Regulators Are Paying Attention to UST
The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.
A pile of trash in the Terra Club at Nationals Ballpark (Danny Nelson/CoinDesk)

Avalanche (Pixabay)
Avalanche Says Luna Foundation Guard Has 'Disclosed No Plans' for AVAX Tokens
Avalanche, the smart-contracts blockchain, says it is ready to work with Luna Foundation Guard on a “sensible trading strategy” if the tokens were to be sold.
Avalanche (Pixabay)

Markets Daily Podcast Cover
Crypto News Roundup for May 19, 2022
With bitcoin steadying below $30,000, and a look at the human costs of speculation, CoinDesk’s Markets Daily is back with the latest news roundup.
Markets Daily Podcast Cover

Destruction of a planet (Lucasfilm)
Hashed Wallet Takes $3.5B Hit, Delphi Digital Discloses Loss After Terra's LUNA Collapse
Delphi says the LUNA tokens accounted for 13% of its assets under management at their peak, while Hashed appears to have lost over $3.5 billion.
Destruction of a planet (Lucasfilm)