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The Best Explanation of the Terra/Luna Collapse [Jonathan Wu]

The Swyx Mixtape

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A Brief Recap of the Luna Foundation Attack on Us T

The attack seemed to have happened initiated over the week end. It was just enough on s Saturday, and it was enough to spook investors going into monday. And with that kind of like, awful, you know, bitcoin pressure that us t lost its peg. Right now it looks like, giving the panic wider panic in the market, us ts down to about 50 cents or 60 cents, and lunas basically at zero dollars.

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