Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed.
South Korean Politician Demands Parliament To Investigate TerraUSD’s Collapse
The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from…
Market Wrap: Bitcoin and Stocks Dip as Volatility Spikes
Bitcoin (BTC)dipped below $30K again as volatility ticked higher. Meanwhile, option traders continue to hedge against further price declines.