TerraUSD

Cryptocurrency luna now worthless after controversial stablecoin it is linked to loses peg

Luna, the sister cryptocurrency to the contentious stablecoin TerraUSD, has dropped significantly to nearly $0. TerraUSD, or UST, has recently gained attention after the so-called stablecoin, which is supposed to be pegged one-to-one with the US dollar, fell sharply below the $1 mark. UST is an algorithmic stablecoin that uses