This week saw the demise of the Terra ecosystem as UST lost its peg and LUNA collapsed to virtually zero. The entire market is down some $500 billion.
in blog | CryptoPotato |
---|---|
original entry | This Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion |
This week saw the demise of the Terra ecosystem as UST lost its peg and LUNA collapsed to virtually zero. The entire market is down some $500 billion.