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 Stablecoin TerraUSD plunges from $1 to $0.40

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Davidtcf
post May 13 2022, 12:58 AM

To the moon!!
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3,520 posts

Joined: Jan 2003


QUOTE(Awkward Octopus @ May 12 2022, 06:41 PM)
USDT don’t like to reveal things fully about their backings - not sure why so many people still use them. USDC and BUSD is safest now for stablecoins.
Davidtcf
post May 13 2022, 10:11 AM

To the moon!!
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Senior Member
3,520 posts

Joined: Jan 2003


a theory of the events and how much UST-Luna attackers made:

https://twitter.com/OnChainWizard/status/1524123935570382851
Davidtcf
post May 18 2022, 01:20 PM

To the moon!!
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Senior Member
3,520 posts

Joined: Jan 2003


More drama incoming:

Fatman turns to legal course of action against Terra's Luna & UST
https://twitter.com/FatManTerra/status/1526...Abih6oSfvA&s=19


Davidtcf
post Jun 1 2022, 04:21 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


Anchor Protocol site down since yesterday:
https://www.anchorprotocol.com/

Fishy as to why they dont even bother to restore back the website.
Davidtcf
post Jun 10 2022, 05:45 PM

To the moon!!
*******
Senior Member
3,520 posts

Joined: Jan 2003


Latest news. Insider TFL employees leaked to SEC. Likely Do Kwon knew this was going to happened:

https://alicebuzz.com/do-kwon-charged-with-...out-luna-crash/

An engineered collapse most likely.

 

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