War on Terra: The nets are set to close in on key parts of crypto system - Sydney Morning Herald

The convulsions and implosions in the crypto universe are galvanising regulators and legislators around the world.

TerraUSD is a very different beast. Its an algorithmic stablecoin that relies on financial engineering to achieve the peg with the US dollar. Self-evidently the algorithm was found out under pressure… [+4875 chars]

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