Terra’s UST loses dollar peg; Philippines expects Marcos Jr win
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Welcome to The Daily BitcoinLinux – May 10th, 2022 – presented by Megha Chaddah. Coming up on today’s show: UST loses dollar peg as Terra market cap plunges. Meanwhile in Singapore, crypto exchange…
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Terra’s dollar-pegged stablecoin, terraUSD (UST), “depegged” for the second time this week, dropping to as low as US$0.6841 in Tuesday morning trading in Asia, according to CoinMarketCap. It has... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…