DeFi Archives - Marketplace

When a cryptocurrency you never heard of drains your life savings

by Matt Levin

Jun 9, 2022

The terraUSD meltdown destroyed the nest eggs of people who had no idea what it was nor that they'd invested in it.

A cryptocurrency exchange office in Istanbul in October. Last month, the "stablecoin" terraUSD lost $60 billion in value in a matter of days.

Chris McGrath/Getty Images

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