
17
May
luna terra luna
The collapse of UST triggers supervision, and many countries emphasize strengthening regulatory measures for DeFi and encryption
Since May 10, when the largest algorithmic stable coin, UST, was seriously de-anchored, and LUNA collapsed and fell into a death spiral, the entire crypto market was driven down, and the overall market was unstable. The chain reaction also attracted the attention of regulators from all over the world.

17
May
luna terra
Terra’s Demise: what to see from the rise and fall of UST
It started with a humble experimental stablecoin. But in the space of a year, Terra went from one of the best performing assets in this cycle to the most spectacular crash the major crypto asset has ever seen. The repercussions of its failure will reverberate across the industry for years…