Hashed Loses Over $3.5B, Delphi Reveals $10M Loss Following Terra Downfall

The collapse of the Terra ecosystem's tokens, terraUSD (UST) and Luna (LUNA), has sent shockwaves through the crypto world, with major investors now coming forward to reveal their staggering losses. Hashed Wallet Takes $3.5B Hit, Delphi Discloses Loss After Terra Collapse\u2063.

terra loss discloses hashed delphis Following the collapse of the Terra ecosystem's tokens, terraUSD (UST) and Luna (LUNA), some major investors have come forward to reveal their losses. Two more Korean VC firm Hashed has claimed that it was not as badly affected by the LUNA crash, but on-chain data has shown that its losses amounted to at least $3.5 billion. Reports indicate both Hashed and Delphi experienced devastating setbacks in the aftermath.

Specifically, venture capital firm Hashed is estimated to have lost a staggering $3.5 billion as a direct consequence of the Terra (LUNA) crash. While initial reports suggested a lesser impact, on-chain data paints a much grimmer picture, confirming the substantial financial blow Hashed has sustained.

Alongside Hashed, Delphi Digital, a boutique investor and research business, has also disclosed significant losses. According to reports, Hashed and Delphi experienced devastating losses in the Terra crash, losing an estimated $3.5 billion and $10 million, respectively. Delphi Digital revealed a $10 million loss following the Terra collapse.

The collapse of the tokens linked to the Terra ecosystem, stablecoin terraUSD (UST) and Luna (LUNA), has led to some major investors coming clean and detailing their losses. Two more Hashed has lost nearly $3 billion as a result of the Terra (LUNA) crash. Delphi Digital, a boutique investor and research business, has always had reservations about...These losses underscore the inherent risks associated with cryptocurrency investments, particularly in volatile and unstable ecosystems. The future implications for Hashed, Delphi, and the wider crypto market remain to be seen.