Why Fidelity Got Into Bitcoin
The Terra blockchain ecosystem, once hailed as a revolutionary force in decentralized finance (DeFi), experienced one of the most dramatic collapses in crypto history in May 2022. Its algorithmic stablecoin, TerraUSD (UST), lost its peg to the U.S. dollar, triggering a death spiral that erased over $40 billion in value from its sister token Luna … Read more