BitXLanka.Com- Sri Lanka Bitcoin & Crypto Currency Tracker logo BitXLanka.Com- Sri Lanka Bitcoin & Crypto Currency Tracker logo
coinpedia 2022-05-28 05:35:57

Report On What Happened to TerraUSD (UST) Prior to Historic Collapse

The post Report On What Happened to TerraUSD (UST) Prior to Historic Collapse appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe largest algorithmic stablecoin, TerraUSD (UST), suddenly disintegrated last week, sending shockwaves through the crypto markets. As UST fell considerably below its $1 peg, it put downward pressure on Bitcoin and the whole cryptocurrency market. Luna, its sister cryptocurrency, has also virtually halved in value. So what happened? Nansen, a cryptocurrency forensics business, identified four …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.