Terra community seems dead set against Do Kwon’s fork proposal - According to an online poll, 90% of the community disagrees with Terraform Labs CEO Do Kwon’s path forward.

Luna Foundation Guard depleted its $3 billion reserves to try to save UST, it reveals - LFG said it would look to compensate users for losses suffered due to the breakdown of its algorithmic stablecoin. 

Binance CEO Changpeng Zhao disappointed with how Terra handled UST’s collapse - Binance CEO Changpeng Zhao has weighed in on the collapse of the stablecoin TerraUSD (UST) and its related token Luna (LUNA).

Terraform Labs Launches 3 Emergency Actions to Save LUNA, UST Stablecoin - In a race to remove all bad debt from the Terra ecosystem, Terraform Labs is pulling out all the steps with three emergency actions.

VanEck, Wrong-footed by UST Collapse, Casts Doubt on Do Kwon’s Rescue Plan - The once booming DeFi ecosystem is in turmoil, with no help in sight from cryptocurrency’s biggest players The post VanEck, Wrong-footed by UST Collapse, Casts Doubt on Do Kwon’s Rescue Plan appeared first on Blockworks.

As Terra’s Dollar Stablecoin UST Collapses, LUNA Falls 97% to Under $1 - While Terra's UST trades more than $0.75 from its dollar peg, the currency responsible for maintaining that peg, LUNA, is also in freefall.

Terra blockchain token LUNA falls below $15 - The price of LUNA, the governance token of the Terra blockchain ecosystem, fell sharply on Tuesday.

Luna Foundation Guard seeks more than $1 billion to shore up UST stablecoin: sources - The Luna Foundation Guard has held talks with large investors with the aim of raising over $1 billion to shore up UST amid weakening sentiment in the crypto market.

LUNA’s Fall Doomed UST in Painful Lesson for Investors Terra's Algo Stablecoin Joins Long List of Failed Experiments - LUNA's Collapse May Consign UST to Long List of Failed Algo Stablecoins

Trader doubles down on $10 million bet against Do Kwon through LUNA short position - The pseudonymous trader has doubled down on his bet against LUNA by shorting the coin with an additional $10 million.

Luna Foundation Guard Loans $1.5B in Bitcoin, UST to Protect Stablecoin - Amid extreme market volatility, the non-profit organization supporting all things Terra has voted to deploy $1.5 billion to defend UST’s dollar peg.

5 Biggest 'Ethereum Killers' - Everyone wants to take down Ethereum, the biggest blockchain network for smart contracts.

Fireblocks adds support for Terra as it sees ‘record breaking’ institutional demand - Crypto services provider Fireblocks has added support for Terra on its platform as institutional demand for DeFi grows.

We Need to Talk About Terra's Anchor - With roughly $16 billion in value on Terra’s Anchor, the project constitutes over half of all DeFi activity for the Terra ecosystem.

A Beginner's Guide to Terra - Everything you need to know to get started with Terra, LUNA, and UST

Terra’s LUNA Soars 17% Amid Wider Crypto Market Recovery - LUNA is significantly outperforming the broader crypto market following a massive surge, reclaiming the 8th spot in the rankings.