CNN New Day Weekend With Christi Paul and Boris Sanchez June 4, 2024 10:42:00
Rebounding, and terrausd, dropping to just 16 cents as of saturday. terra cease sister coin, lieu that, also lost just 90% of its value in just 24 hours. >> these quite complicated mechanisms that rely on people trusting the system. and as soon as trust evaporates, the entire thing can collapse. >> the drop triggering a panic, with a recent report indicating regulators at the federal reserve are concerned little o oversight could doom confidence in the entire digital economy. >> i think right now is the -- is the kind of pivotal moment for crypto. to either prove doubters wrong there is someth...