The New Normal
The New Normal
The Incubator
$40 Billion Dollar Terra Luna Crash Explained - The Market Fallout | The New Normal EP 47
37 minutes Posted May 18, 2022 at 12:55 am.
– Intro
– Wtf just happened with Terra LUNA?
– Do Kwon’s response
– LUNA’s BTC reserves
– Anchor Protocol and stablecoins
– Stablecoin regulations
– Global implications
– The fallout
– Will this be remembered forever?
– Closing thoughts
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37:09
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Show notes
In this New Normal Episode we go over the crash of LUNA explained with a full explanation of what happened and the market impact on crypto. 
Terra's native token $LUNA crashed to $0 and the Terra Stablecoin $UST depegged from $1 and is also heading to $0. 
Billions of dollars were lost due to this event. 
MacNCheeasy, and Jesse Friedland break down this crypto topic so anyone can understand in THIS WEEKS episode of The New Normal.
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