While it may seem like a good thing to some Hive fans what is happening at UST and Terra, I don't think it's good news for HBD and Hive.
UST is a project that has already received mass attention and has already shown how useful and attractive a high ROI can be while maintaining the value of the capital anchored to the dollar, but now it is showing everyone what are the intrinsic risks of this system and how scary it can be to an investor who is looking for a safe place for his reserves.
It is not acceptable for anyone, for a high return on investment, the risk that the initial capital could be zeroed and with it collapse the entire system behind it. If UST fails then Terra fails.
HBD has many similarities to UST and, as an emerging project, it has the advantage of being able to observe what is going on there to try and fix errors before they happen. This is a great opportunity for Hive because we have now seen in concrete terms both the strengths and the associated risks "in advance". If HBD fails then Hive also fails.
So is this good news for Hive? For now I would say no, the fear that this might happen again cannot be erased, and what is happening at UST is bad news for all similar projects as well, such as HBD, unless Hive can publicly demonstrate to be immune to these risks. This is bad news for Hive now but it can turn into an opportunity to be better and to avoid having to face the same issues in the near future.