A perfect storm. What happened in the last week will go into the history books in the same chapter where today events such as the Parmalat crack or Enron are told. The catastrophic fall of the Luna token (whose value was zeroed by vaporizing over 40 billion dollars) and the uncoupling from the parity relationship with the dollar (de-peg) of the stablecoin associate Ust (which a month ago capitalized 18 billion) have emptied the pockets of many crypto investors; dispelling the taboo of “too …
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