The Two Main Adversaries of 2022’s Crypto Collapse Are Attempting to Change the Narrative
The cryptocurrency hype that surged in 2021 came crashing down in 2022, largely due to two major failures. In May, the algorithmic stablecoin UST from Terraform Labs lost its $1 value, causing hyperinflation of its cryptocurrency collateral. This event resulted in an estimated $40 billion loss in the cryptocurrency market. The fallout contributed to the […]