Show threadरञ्जित (Ranjit Mathew)May 15, 2022

“Luna Cryptocurrency Collapse: How UST Broke And Why It Matters”, CNET (https://www.cnet.com/personal-finance/crypto/luna-cryptocurrency-collapse-how-ust-broke-and-why-it-matters/).

Via HN: https://news.ycombinator.com/item?id=31371900

#Luna #Terra #CryptoCurrency #BitCoin #StableCoin #AnchorProtocol #TerraUSD #UST #LunaCrash #LunaCoin

Luna Cryptocurrency Collapse: How UST Broke and Why It Matters

Last week, a luna coin was worth $85. Now it's worth a penny. Here's why that matters.

CNET
रञ्जित (Ranjit Mathew)May 14, 2022

A great #explainer by Matt Levine on the madness that is #TerraUSD and #LunaCoin (and #CryptoCurrency in general):

“Terra-Flops”, Bloomberg (https://www.bloomberg.com/opinion/articles/2022-05-11/terra-flops).

#Terra #Luna #DeathSpiral #UST #LunaCrash #PonziScheme #IrrationalExuberance #Confidence #Finance

Terra Flops

Also creditor fights and Musk Twitter

Bloomberg
Journal du CoinMay 13, 2022
Do Kwon le cofondateur de #LUNA, n’était pas à son premier essai : #BasisCash, un #stablecoin algorithmique fondé par les anonymes « Rick » et « Morty » en 2020, était en fait le travail de Terraform Labs 🔥💰 #Terra #Lunacoin $UST https://journalducoin.com/?p=494113
L'UST n'est pas le premier stablecoin de Do Kwon à faire naufrage

Basis Cash, un stablecoin algorithmique fondé par les anonymes « Rick » et « Morty » en 2020, était en fait le travail de Terraform Labs.

Journal du Coin
Ferran MartínMay 13, 2022
Criptos. Viñeta GRACIAS a mis MECENAS en http://Patreon.com/ferranmartin #LunarCrush #lunaCoin #Criptomonedas #viñetas
Ferran Martín | creando viñetas HUMOR / cartoons | Patreon

Become a patron of Ferran Martín today: Get access to exclusive content and experiences on the world’s largest membership platform for artists and creators.

Patreon
KREYREN May 12, 2022

Theory by Brian Jung on the crash of Terra Luna

https://www.youtube.com/watch?v=l7YAt4zSc38&t=654s

#TerraLuna #LUNA #LunaCrash #lunacoin #LUNAUSD

Terra Luna... Wtf

YouTube