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

This was the most eventful week in many months, but, unfortunately, the end result was that $500 billion were wiped off the total cryptocurrency market capitalization. Terra’s ecosystem was at…

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Binance Suspends Spot LUNA, UST Trading as CZ Outlines Disappointment With Terra’s Actions

The world’s largest crypto exchange suspended LUNA and UST spot trading shortly after doing so to the LUNA coin-margined perpetual contracts. The company’s CEO took it to Twitter to offer…

Continue ReadingBinance Suspends Spot LUNA, UST Trading as CZ Outlines Disappointment With Terra’s Actions