Terra Luna Hitesh Malviya Usa South Korea city Ibc cryptocurrency stablecoins TerraUSD Terra Luna Hitesh Malviya Usa South Korea city Ibc

Terra crisis: Family bonds shattered, dreams ripped apart

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With last week’s Terra collapse wiping out $40 billion worth of investor wealth, cryptocurrency traders have been rattled and have lost any hope of recovering their money.Terra is a public blockchain protocol that deploys algorithmic decentralised stablecoins that track the prices of currencies such as the US dollar and the euro.

These include tokens such as TerraUSD, which is linked to the US dollar, and Luna.The Terra cryptocurrency ecosystem suffered a massive blow around May 9.

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