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Do Kwon thought he could rule the crypto world with Terra Luna, instead what followed was the largest failure to occur in the crypto space.
Correction at 1:58 I showed the screenshot of the wrong project, it's supposed to be 'Basis Cash', not 'Basis Markets'. Sorry about that.

--- About ColdFusion ---
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.

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--- "New Thinking" written by Dagogo Altraide ---
This book was rated the 9th best technology history book by book authority.
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Sources:

Personal interviews with sources at Terra Labs

coindesk.com/business/2022/05/08/ust-briefly-loses-peg-luna-drops-10/

bloomberg.com/news/articles/2022-05-15/luna-crash-this-crypto-insider-warned-of-terra-ust-s-collapse

coindesk.com/layer2/2022/04/22/built-to-fail-why-terrausds-growth-is-giving-finance-experts-nightmares/

euronews.com/next/2022/05/12/terra-luna-stablecoin-collapse-is-this-the-2008-financial-crash-moment-of-cryptocurrency

decrypt.co/100434/what-happened-terras-bitcoin-reserve-ust-luna-crashed

fortune.com/2022/05/13/terra-ust-stablecoin-crash-suspicious-potential-attack-george-soros/

coinjournal.net/news/the-10-million-luna-twitter-bet-who-will-win/

coindesk.com/business/2022/05/09/ust-stablecoin-falls-below-dollar-peg-for-second-time-in-48-hours/


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//Soundtrack//

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