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ust

Green and orange spiral as abstract object on the dark background, representing Ethereum layer 2. (vlastas/iStock/Getty Images Plus)
Curve Finance Proposes to End CRV Token Emissions on All UST Pools
On-chain participants are already voting “yes” to the measure.
Green and orange spiral as abstract object on the dark background, representing Ethereum layer 2. (vlastas/iStock/Getty Images Plus)

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)

Mike Novogratz Galaxy
Mike Novogratz Ends Twitter Silence, Shares Take on UST/LUNA Crash
The Galaxy Digital CEO confirmed that his company had been taking profits on its Terra holdings this year.
Mike Novogratz Galaxy

Crypto bear market (Olen Gandy, Unsplash)
First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness
A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.
Crypto bear market (Olen Gandy, Unsplash)

Terra seats
Terraform's Legal Team Quits Amid Terra Stablecoin Fallout
Marc Goldich, Lawrence Florio and Noah Axler left the Terra ecosystem backer in May, according to their LinkedIn profiles.
Terra seats

money, pressure
Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System
Recent weakness in bitcoin and equities looks contemporaneous and doesn’t show any lag or lead effect, the bank’s analysts said.
money, pressure

(mustafahacalaki/Getty Images, modified by CoinDesk)
What Happened to the Luna Foundation Guard’s Bitcoin Billions?
The community is getting louder about wanting answers to this lingering question.
(mustafahacalaki/Getty Images, modified by CoinDesk)

(Annie Spratt/Unsplash, modified by CoinDesk)
UST Won't Be the End of Algorithmic Stablecoins
The trail for a monetary "Holy Grail" continues, despite Terra’s collapse. So what do we do about it?
(Annie Spratt/Unsplash, modified by CoinDesk)

Singapore (Lauryn Ishak/Bloomberg via Getty Images)
First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.
Singapore (Lauryn Ishak/Bloomberg via Getty Images)