Terra’s meltdown highlights benefits of CEX risk-management systems
The collapse of Terra’s ecosystem — ie, native coin LUNA and algorithmic stablecoin TerraUSD (UST) — rocked the broader blockchain and cryptocurrency ecosystem. Not solely did Terra-ecosystem tokens (comparable to Anchor’s ANC) collapse in worth, however the widespread worry, uncertainty and doubt despatched market-leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) beneath $ 27,000 and $ … Read more