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Another Singapore success story - Terraform Labs

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11-05-2022, 12:10 AM

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Another Singapore success story - Terraform Labs

An honorable member of the Coffee Shop Has Just Posted the Following:

https://www.cnbc.com/2022/05/10/bitc...low-1-peg.html

Terraform Labs CEO Do Kwon

Investors in bitcoin are in panic mode as the controversial terraUSD stablecoin slips further from its intended $1 peg.

TerraUSD, or UST, sank below 70 cents for the first time late Monday, as holders continued to flee the token in what some have described as a “bank run.” The token fell as low as 62 cents...

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