This Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion

This Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion


Crypto Potato
2022-05-13 15:36:46
This Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion

This week saw the demise of the Terra ecosystem as UST lost its peg and LUNA collapsed to virtually zero. The entire market is down some $500 billion.

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