UST News TerraUSD (Wormhole)
Price of TerraUSD (Wormhole) (UST)
Price of 1 TerraUSD (Wormhole) today (2 July)
$ 0.0057
Latest news on TerraUSD (Wormhole) (UST) now
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Rising yields cut Fed easing odds, pressure Bitcoin and stocks
Bitcoin rebounds to $70k as yields climb; BTC–S&P correlation hits 0.55
Bitcoin (BTC) trades back above $70,000, up % this week....
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Jane Street faces legal scrutiny over '10 AM dump' strategy
Jane Street Group LLC is under legal scrutiny for allegedly using a "10 AM dump" strategy during the 2022 Terra ecosystem collapse. This proprietary...
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Terraform Labs sues Jane Street for market manipulation in 2022 collapse
Four years after the Luna collapse, Terraform Labs is suing Jane Street for alleged insider trading and market manipulation during the TerraUSD...

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Bitcoin Hits Second-Largest One-Day Loss at $67,000
Bitcoin is experiencing significant on-chain losses, similar to those observed during the Luna/UST meltdown. However, the current losses occur at...

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Bitcoin faces selling pressure, realized losses near Luna crash levels
Bitcoin has experienced renewed selling pressure after it failed to maintain the crucial $70,000 level. This shift has moved the market into a...

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Brazil's Bill Bans Algorithmic Stablecoins, Bitcoin Hyper Raises $31M
Key Points:
Brazil's new legislation requires stablecoins to have 1:1 backing with fiat or high-quality liquid assets, banning algorithmic...

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Jump Trading Sued for $4B Over Terra Collapse Role
Terraform Labs' liquidator, Todd Snyder, has filed a $4 billion lawsuit against Jump Trading and its executives for allegedly manipulating the...
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Do Kwon Faces Possible 30-Year Sentence in South Korea Trial
Do Kwon, the former Terraform Labs CEO involved in the 2022 TerraUSD/LUNA crash, may face trial in South Korea if extradited. Although recently...
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Do Kwon Sentenced to 15 Years for TerraUSD Fraud
Do Kwon, co-founder of Terraform Labs, was sentenced to 15 years in prison for fraud related to the collapse of TerraUSD and Luna. This case was...

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Crypto Market Drops 20% in October, Wiping Out 2025 Gains
The cryptocurrency market experienced its first red October since 2018, with a significant downturn erasing most gains from the year's...

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FSB Warns Global Crypto Regulation Lags Amid Market Growth
The Financial Stability Board (FSB) highlighted the need for unified global crypto regulation, noting inconsistent rules across 29 major...
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Do Kwon Pleads Guilty to Fraud Charges in Terra Collapse
Do Kwon, the creator of Terra/Luna, pleaded guilty to conspiracy and wire fraud charges after an extensive extradition process. He previously...

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Do Kwon Pleads Guilty to Fraud and Conspiracy Charges in TerraUSD Case
Do Kwon, co-founder of Terraform Labs, has pleaded guilty to two counts related to the 2022 TerraUSD collapse under a deal with US prosecutors. He...
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Do Kwon Pleads Guilty to Fraud Charges Linked to TerraUSD Collapse
Do Kwon, founder of Terraform Labs, pleaded guilty to conspiracy to commit fraud and wire fraud. This follows the collapse of the Terra/Luna...

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Do Kwon to Change Plea in US Fraud Case Hearing Scheduled Tomorrow
Do Kwon, founder of Terraform Labs, may change his "not guilty" plea in federal court, as indicated by Judge Paul Engelmayer. A hearing is scheduled...

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JPMorgan Doubles Robinhood Price Target to $98 Citing Crypto Expansion
JPMorgan has raised its 2026 price target for Robinhood (HOOD) to $98 from $47, highlighting new product launches and the acquisition of European...

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Bitcoin's Price Aligns with Japanese Government Bond Yields
Weston Nakamura, founder of Across The Spread, identifies a significant macro relationship affecting Bitcoin (BTC). Key observations include:
...

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Synthetix Stablecoin sUSD Falls to Five-Year Low of $0.83
Synthetix USD (sUSD) has lost its USD peg, dropping to a five-year low of $0.83, raising concerns among investors. The stablecoin's value has shown...
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PumpSwap Surpasses $2.6 Billion in Trading Amid Trump Tariffs Concerns
Asian and European stocks continued to decline, with Japan's Nikkei 225 down 4%, entering correction territory after a drop exceeding 10%. European...

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Terraform Labs Launches Claims Portal for Investor Losses on March 31
Terraform Labs will launch a claims portal on March 31 for investors to file losses related to the collapse of the Luna token and TerraUSD...

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Galaxy Digital Agrees to $200 Million Settlement with New York Attorney General
Galaxy Digital Holdings Ltd (TSE: GLXY) has settled with the New York Attorney General's Office for $200 million over allegations of promoting the...
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Bitcoin Holds Steady at $84,000 Ahead of Federal Reserve Decision
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Bitcoin Holds Steady Above $80,000 Amid Market Volatility
Bitcoin (BTC) remains above $80,000, influenced by macroeconomic factors. Key developments include:
Bitcoin dominance at 62%, nearing a yearly...

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Anzen's USDZ Stablecoin Experiences Significant Depeg Amid High Volatility
Anzen USDz (USDZ) faces significant depeg issues amid high volatility.
USDZ, a real-world asset-backed stablecoin on the Base network, is...

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Bitcoin Steadies Above $81,000 Ahead of U.S. Inflation Report
The crypto market is recovering with bitcoin rising above $81,000 ahead of the U.S. inflation report. The uptick is primarily driven by layer-1 and...

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Bitcoin Declines as Investors Shift Focus to Gold Amid Market Concerns
The crypto market is experiencing a downturn, attributed to the lack of a U.S. government plan to purchase bitcoin as part of a strategic reserve...

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Ether Prices Drop Nearly 20%, Breaking Key Bullish Trendline
Ether (ETH) prices fell nearly 20% in the week ending March 9, marking the largest weekly decline since November 2022, according to TradingView.
...

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South Korea Supreme Court Rules TerraUSD and LUNA Are Not Securities
South Korea's Supreme Court ruled that TerraUSD (UST) and LUNA do not qualify as securities under the Capital Markets Act. This decision is...
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Hong Kong Aims to Strengthen Position as Asia's Leading Crypto Hub
Hong Kong and Singapore are competing to become leading hubs for digital assets in Asia. Hong Kong's success hinges on a favorable regulatory...

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Bitcoin Anticipates PPI Report for Federal Reserve Direction
After the unexpected rise in U.S. consumer price inflation (CPI), attention shifts to the upcoming Producer Price Index (PPI) report.
Key points...

