Terra $45 billion face plant creates crowd of crypto losers | Curio

Terra $45 billion face plant creates crowd of crypto losers

8 mins | May 22, 2022

The market downturn could chill white-hot valuations in crypto. The failure of Terra's stablecoin and its sister token Luna created huge losses, and the aftereffects may have consequences for investors and startups with no direct connection. Hannah Miller explores how the demise of Terra and its implications for the whole crypto community.

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From Bloomberg

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