Terra to burn 1B UST from the community pool as holders vote for it
The proposal highlighted that the burn may help restore the UST dollar peg by burning the excess supply.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The proposal highlighted that the burn may help restore the UST dollar peg by burning the excess supply.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Mirae Asset Issues Tokenized Dollar Notes on Solana for Professional Investors
TL;DR: Mirae Asset Securities’ Hong Kong unit announced the completion of a tokenized funding-note issuance on Solana for eligible...
How Bitcoin Is Helping Reshape Online Slots
Bitcoin (BTC) is changing different aspects of handling money. Yet, online gaming platforms are one area you might not have come a...
Senator Bill Hagerty: Expanding the U.S. Strategic Bitcoin Reserve, & the Future of Dollar Hegemony
▶Bitcoin Magazine Senator Bill Hagerty: Expanding the U.S. Strategic Bitcoin Reserve, & the Future of Dollar Hegemony Senator Bill...
Binance Hack: CZ Fires Back at Elon Musk, Cites $1B SpaceX Stake as Coinbase Offers Security Support
The dispute unfolded as Binance worked to contain the October 29 attack, freeze affected assets, and reassure customers that their...
Bitcoin short-term holders sell at loss for first time in 72 days
The shift in short-term Bitcoin holder behavior may signal a market sentiment change, potentially leading to either stabilization...
Curve Volume Jumps to $847 Million as 3pool Tilts Further Toward USDT
Trading in the DAI/USDC/USDT pool climbed to $343 million, while its USDT balance increased and holdings of the other two stableco...