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    Highlights May 10: Crypto market crashes, Terra down 50%

    Highlights May 10: Crypto market crashes, Terra down 50%

    Crypto futures racked up more than $1 billion in liquidations in the past 24 hours amid major cryptos losing key support levels and weak market sentiment. Top cryptos Bitcoin (BTC) fell as much as 5% in the past 24 hours. Ethereum saw a similar loss. Dogecoin, XRP,...
    Terra peg mechanism in doubt as UST crashes to 67 cents

    Terra peg mechanism in doubt as UST crashes to 67 cents

    The third-largest stablecoin by market cap Terra USD (UST) appears to be in a catastrophic tailspin which has seen it de-peg from the dollar and drop to as low as $0.67 on May 10. As its price has fallen, so has its market capitalization along with that of Terra...
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