Collapsed ‘stablecoin’ terra to be rebooted in attempt to recover losses

Collapsed ‘stablecoin’ terra to be rebooted in attempt to recover losses

3 years ago
Anonymous $dy9SWuvIkX

https://www.theguardian.com/technology/2022/may/25/collapsed-stablecoin-terra-to-be-rebooted-in-bid-to-recover-losses-cryptocurrency

Collapse this month prompted widespread crash of cryptocurrency sector

Terra, the “algorithmic stablecoin” project whose collapse this month prompted a widespread crash of the entire cryptocurrency sector, is being rebooted as “terra 2.0” in a last-ditch attempt to recover investor losses.