Ethereum World News
2022-05-11 11:19:18

Major South Korean Exchanges Release LUNA Update Amid UST Debacle

The “big four” in Korea warn investors of LUNA’s fluctuating price Bithumb and Coinone suspended deposits for now The update follows a massive crash in the market price of LUNA Terra’s UST stablecoin remains depegged after a previous recovery Upbit, the biggest cryptocurrency exchange in South Korea, tagged Terra’s governance token as a cautionary item on Wednesday (May 11, 2022). The platform reportedly took the decision due to the token’s link with Terra’s algorithmic stablecoin UST and the ongoing price […]

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