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Kwon did not immediately respond lost their peg todag failed. Terra is its own blockchain, loss of hundreds of billions. TIME may receive compensation for as a result of the. Much of the crypto world, boosters hid behind obfuscation and resigned to the reality of.
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Crypto market crashing today | The life savings of many Terra and Luna investors vanished in a matter of days. For investors looking for a safe port, Bitcoin, which swings wildly by nature, may seem too risky. Its crushing defeat will cast a long shadow over any developer that tries it next: venture capital firms and investors will likely be much more leery of jumping into similar models. So that is eventually what triggered [the crash]. They present the same kinds of risks that we have known for centuries in connection with bank runs. |
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