Do Kwon thought he could rule the crypto world with Terra Luna, instead what followed was the largest failure to occur in the crypto space.
Correction at 1:58 I showed the screenshot of the wrong project, it’s supposed to be ‘Basis Cash’, not ‘Basis Markets’. Sorry about that.
— About ColdFusion —
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.
» ColdFusion Discord: https://discord.gg/coldfusion
» Twitter | @ColdFusion_TV
» Instagram | coldfusiontv
» Facebook | https://www.facebook.com/ColdFusioncollective
» Podcast I Co-host: https://www.youtube.com/channel/UC6jKUaNXSnuW52CxexLcOJg
» Podcast Version of Videos: https://open.spotify.com/show/3dj6YGjgK3eA4Ti6G2Il8H
https://podcasts.apple.com/us/podcast/coldfusion/id1467404358
ColdFusion Music Channel: https://www.youtube.com/channel/UCGkpFfEMF0eMJlh9xXj2lMw
ColdFusion Merch:
INTERNATIONAL: https://store.coldfusioncollective.com/
AUSTRALIA: https://shop.coldfusioncollective.com/
If you enjoy my content, please consider subscribing!
I’m also on Patreon: https://www.patreon.com/ColdFusion_TV
Bitcoin address: 13SjyCXPB9o3iN4LitYQ2wYKeqYTShPub8
— “New Thinking” written by Dagogo Altraide —
This book was rated the 9th best technology history book by book authority.
In the book you’ll learn the stories of those who invented the things we use everyday and how it all fits together to form our modern world.
Get the book on Amazon: http://bit.ly/NewThinkingbook
Get the book on Google Play: http://bit.ly/NewThinkingGooglePlay
https://newthinkingbook.squarespace.com/about/
Sources:
Personal interviews with sources at Terra Labs
https://www.coindesk.com/business/2022/05/08/ust-briefly-loses-peg-luna-drops-10/
https://www.bloomberg.com/news/articles/2022-05-15/luna-crash-this-crypto-insider-warned-of-terra-ust-s-collapse
https://www.coindesk.com/layer2/2022/04/22/built-to-fail-why-terrausds-growth-is-giving-finance-experts-nightmares/
https://www.euronews.com/next/2022/05/12/terra-luna-stablecoin-collapse-is-this-the-2008-financial-crash-moment-of-cryptocurrency
https://decrypt.co/100434/what-happened-terras-bitcoin-reserve-ust-luna-crashed
https://fortune.com/2022/05/13/terra-ust-stablecoin-crash-suspicious-potential-attack-george-soros/
https://coinjournal.net/news/the-10-million-luna-twitter-bet-who-will-win/
https://www.coindesk.com/business/2022/05/09/ust-stablecoin-falls-below-dollar-peg-for-second-time-in-48-hours/
My Music Channel: https://www.youtube.com/channel/UCGkpFfEMF0eMJlh9xXj2lMw
//Soundtrack//
Vesky – With You
David Keno – Golden Ticket (Original Mix)
Deccies – Subtle
Zero 7 – Out of Town
Going Deeper – Escape
Mogwai – Take Me Somewhere Nice
Giyo – Are the Animals Gone
Jónsi & Alex – Boy 1904
Psalm Trees, Guillaume Muschalle – Forever Tired Ft. Thomas Renwick
Burn Water – Yellow Jade
» Music I produce | http://burnwater.bandcamp.com or
» http://www.soundcloud.com/burnwater
» https://www.patreon.com/ColdFusion_TV
» Collection of music used in videos: https://www.youtube.com/watch?v=YOrJJKW31OA
Producer: Dagogo Altraide
source