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CNN CNN Newsroom With Pamela Brown June 4, 2024 23:39:00

Cnn.com. jon, we know youve been covering cryptocurrency. walk us through whats behind the big drop. >> you can look at this specific job as stemming from the fall of a currency called luna and terra that happened last month, that was a so-called stable coin. as that currency collapsed, weve seen how, far from being decentralized, the decentralized finance space is, we know that buzzword, its actually extremely centralized, because as one project fails, other projects have become insolvent. we f...
Hon Cnn Com Jon Sarlin Covering Cryptocurrency Stable Coin Finance Space Dominos Falling

South Korean Police investigates the reasons for Terra's steep crash!

The market implosion saw the moneys of investors burn into ashes in the fire of the crash. Approximately 2,80,000 individuals from South Korea alone lost their life savings, educational savings in the crypto market implosion. The suicide incidents also shot up as at least 8 people were reported to be committed suicide due to the unbelievable market implosion.
Soult Ukpyolsi South Korea South Korean Korean Police Seoul Metropolitan Police Terraform Labs

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