Hi Hive Peeps
Just a quick Crypto news flash as I have just been notified that the UST Terra Luna situation is going from bad to worse. The UST stable coin does appear to have de-pegged even further and also now appears to possibly be failing. Maybe Do Kwon can rescue it but maybe not. Time will tell.
Image Source Binance
Image Source Binance
UST struggling to stay above 0.70
Luna is down nearly 85%
Rumours are that Do Kwon is once again chasing funding to try and stabilize the unstable coin.
Cyber Rascal Out