When the stablecoin TerraUSD imploded last month, an estimated US$40bil (RM176bil) in investor funds was erased - and so far there has been little or no accountability.
Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. Novice investors took to online forums to share tales of decimated fortunes and even suicidal despair. Experienced crypto supporters, including one prominent billionaire, were left feeling humbled. When the stablecoin TerraUSD imploded last month, an estimated $40 billion in investor…
Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets.
Crypto meltdown is wake-up call for many, including Congress | iNFOnews | Thompson-Okanagan s News Source infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.
Two senators recently proposed legislation that seeks to build a regulatory framework around the cryptocurrency industry as politicians realize its scope.