Interview: GlobalBlock’s Sotiriou discusses Terra meltdown & Tether contagion Fear and panic have spread through the cryptocurrency markets all week following the shocking collapse of the Terra ecosystem. The UST stablecoin, once worth $18 billion, entirely lost its peg and brought Luna down with it – now worthless having once been worth over $42 billion. The contagion rippled through the markets, with Bitcoin falling [...] The post Interview: GlobalBlock’s Sotiriou discusses Terra meltdown & Tether contagion appeared first on Invezz.
Author: Dan Ashmore
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