Stablecoin Implosion — LUNA and UST Lose Significant Value, Crypto Economy Reverses
During the last few days, the crypto economy has been tumultuous as…
UST Rebounds From $0.66 to $0.93 Per Coin, Crypto Community Evaluates Stablecoin’s Damaged Reputation
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity…
As the price of LUNA falls by more than 33% in 24 hours, Stablecoin UST falls below $1 parity to $0.93.
As bitcoin dropped to fresh new lows on Monday, the price of…