Even though the Chinese Government has put a blanket ban on cryptocurrency trading in the country, the people in the country continue to take keen interest in the ups and downs of the crypto market.
What Happened: After the native token of the Terra (CRYPTO: LUNA) blockchain crashed over 56% in 24 hours yesterday, Chinese users took to Weibo — the Chinese alternative to Twitter Inc. (NYSE: TWTR) — to post about the crash.
The token’s price plummeted as its stablecoin TerraUSD (CRYPTO: UST) lost its peg for …
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