Earlier this month, major cryptocurrency Terra (CRYPTO: LUNA) collapsed and lost over 97% of its value as its native stablecoin TerraUSD (CRYPTO: UST) fell to under $0.30 — with nearly $24 billion of capital evaporating from the two tokens’ market values, all within 24 hours.
What Happened: While many have lost fortunes with the spectacular market crash that some suggest was caused by a faulty protocol design, others made fortunes from Terra’s rise and sold before …
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