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Terraform Labs CEO Do Kwon is proposing a “Terra ecosystem Revival Plan 2,” which includes ditching his algorithmic stablecoin UST and creating a new chain. Kwon tweeted on Monday that Terra is “more ...
The cryptocurrency market shuddered Wednesday after the stablecoin UST plummeted to an all-time low of 30 cents. UST, or TerraUSD, was off about 9% to $0.427965, while its sister token Luna was ...
UST, the global IT services company, has sold off a healthcare subsidiary to private investment firm Bain Capital for a reported $1.3 billion in cash. The deal allows the Aliso Viejo-based company to ...
Earlier this week the Terra Labs’ TerraUSD, or UST, stablecoin lost its parity with the U.S. dollar, and now the market values of UST and its sister currency LUNA are in freefall as the project ...
Recruitment for the rebuilding UST Growling Tigers is in full swing, with interim head coach Jinino Manansala assuring more recruits are on their way. "There's more to come. We're still working on it, ...
Over the weekend, algorithmic stablecoin terraUSD (UST) broke its peg. It broke it again on Monday and has yet to recover. Regulators may have to take a closer look at this particular model of ...
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