We can’t believe this actually happened
The world of crypto is rich territory for some pretty mind-bending stories.
Nobody saw this coming.
Following the catastrophic collapse of Terra’s algorithmic stablecoin, TerraUSD (UST), Citadel Securities and major asset manager BlackRock have strongly denied conspiracies linking them to the crash.
After rumours surfaced across multiple social media platforms, it was alleged that the firms took a sizable Bitcoin loan from crypto exchange Gemini, exchanging it for UST before dumping all the funds.
Gemini took to Twitter weighing in on the turmoil, stating ”Gemini made no such loan.” Meanwhile, Terra has still continued its downward spiral, showing no positive signs of recovery.
Read the full story
in the Grafa app
To read the full article and more in the Grafa app, available on all app stores.
Track the trends
Get the hot tips first
Stay close to your investments
Learn to trade like a pro
Let your money entertain you
See more stories like this
48% of businesses say they will not raise prices, primarily due to the desire to...read more
Of the smaller cryptos, these ones were the movers. Mirrored iShares Gold Trust rose 353.48%...read more
Of the middle-sized cryptos, these ones were the movers. Metacraft rose 66.39% to US$1.31, closing...read more