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Why did Terra LUNA and UST crash? | Find out on The Market Report

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You're wondering what happened to LUNA. We have insights.

would reach $1 first. On Wednesday, that question became the talk of the cryptosphere as the Terra ecosystem imploded.Terraform Labs co-founder Do Kwon

Amid the chaos, Cointelegraph analysts Sam Bourgi, Jordan Finneseth, Marcel Pechman and Benton Yuan held an emergency edition of “The Market Report,” which normally airs on Tuesdays, to discuss what exactly went down.

 

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Imagine getting back from vacation taking a few days off and checking your portfolio if you are a Terra maxi

Not really. It's just a number on a chart

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Binance suspends LUNA and UST withdrawals amid market turbulenceCrypto exchange Binance has suspended withdrawals of LUNA and UST tokens with the Terra-based stablecoin struggles to recover its peg to the US dollar. Lol cryptos circuit breaker. Same as legacy markets when stock prices get volatile It’s back on again-this happens few hours ago… don’t sell dead news
Source: TheBlock__ - 🏆 464. / 53 Read more »