TerraUSD

Post: Stablegains Faces Lawsuit After Losing $44M on UST

TerraUSD (UST), once the fourth-largest stablecoin with an $18 billion market capitalization, crashed spectacularly. Within days, its value plummeted from $1 to mere pennies

‘The Guilt Is Unbearable’: UST-Luna Investors Discuss the 99 - VICE

Yield generation app Stablegains is

Exclusive: UST stablecoin Investors Speak out After

The fallout from UST was felt far and wide throughout the stablecoin ecosystem. Various algorithmic stablecoins lost their pegs, with most not being able to recover their pegs to

Yield generation app Stablegains is facing a lawsuit after losing $44 million of users’ funds. Despite previously claiming it used USDC to generate yields, a recent update revealed the company was

Some UST & LUNA Investors Cashed Out Before Price Collapse

Stablecoin Credibility Takes a Hit with the Fall of UST Coin

Unstablecoins: The Effects From UST’s Death - CoinGecko

After UST fell to

Understanding the Collapse of TerraUSD (UST): Lessons and

After UST fell to $0.98 during the weekend, the LFG announced that it will lend $1.5 billion in BTC and UST to defend the peg of its algorithmic stablecoin to the U.S. dollar.

Despite the fact that the recent UST stablecoin and LUNA crash was crippling for many investors, others claim an increase in fortune. According to venture capital firm Pantera

Motherboard spoke to several investors

What began as a promising experiment in algorithmic stablecoins ended in an estimated $42 billion loss for investors, sending shockwaves through the entire crypto ecosystem.

Motherboard spoke to several investors in Terra-Luna, some of whom describe financial pain and a loss of faith in a project they once believed in without realizing its true nature.

The Timeline of UST's Collapse: Understanding the Failures and

Cryptocurrency prices were finally starting

Investors Flee Terra’s Anchor as UST Stablecoin - Markets Insider

Cryptocurrency prices were finally starting to climb on May 13 after taking a severe pounding for the last few days. The market was severely rocked when the stablecoin UST