The UST stablecoin de-peg with the U.S. Dollar has created a storm on Satoshi Street. Earlier today, the UST price dropped to a low of $0.60 de-pegging by a staggering 40% from the Dollar. This has resulted in massive liquidations of UST as well Traa’s native cryptocurrency LUNA. As of press time, the Terra (LUNA)

The post Crypto Exchange Binance Suspends Withdrawal of Terra (LUNA) and UST Stablecoins appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Bitcoin Mining Takes Up 0.6% to 2.3% of US Electricity Consumption – Report

After tracking electricity consumption from the United States Bitcoin mining activities, it was reported that the industry takes as much as...