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Difference between revisions of "LUNA Collapse in May 2022"
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Crypto markets also declined by over 20% with some currencies tied to the Terra ecosystem falling by over 60% in two days.<ref>https://decrypt.co/100102/not-just-terra-apecoin-avalanche-solana-shiba-inu-all-down-at-least-20-in-crypto-crash</ref> | Crypto markets also declined by over 20% with some currencies tied to the Terra ecosystem falling by over 60% in two days.<ref>https://decrypt.co/100102/not-just-terra-apecoin-avalanche-solana-shiba-inu-all-down-at-least-20-in-crypto-crash</ref> | ||
It was revealed that Do Kwon was the founder of a previous failed stablecoin, [[Basis Cash]].<ref>https://www.coindesk.com/tech/2022/05/11/usts-do-kwon-was-behind-earlier-failed-stablecoin-ex-terra-colleagues-say/</ref> | |||
== Sources == | == Sources == | ||
<references /> | <references /> | ||
[[Category:History]] | [[Category:History]] | ||