This Week on Crypto Twitter: Do Kwon Takes Heat for UST Failure – Decrypt
Illustration by Mitchell Preffer for Decrypt It was the market’s sixth consecutive weekly decline, but on Crypto Twitter, the industry’s eyes were pinned on UST’s historic depegging. Terra’s dollar-pegged algorithmic stablecoin collapsed, bottoming out at $.13 on Friday, causing a domino effect where the price of LUNA nosedived to virtually zero as people rushed to …
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