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Mike Novogratz thinks the recent crypto chaosfrom the Terra blockchain and LUNA token crash to the bankruptcies of Celsius and Voyager to Three Arrows Capital’s misstepshas made the The recent set of events has undoubtedly dented the confidence of both participants and non-participants from in and outside the the space. Resultantly, the same per The system worked by allowing traders to convert a Terra UST coin into 1 U.S. Dollar worth of LUNA tokens and vice versa. Eventually, a sustained outflow or “burning” of UST coins into I mention these three crypto headlines because they are the most recent tragedies to befall our space, but each brought in a different kind of collapse. Luna collapsed because its algorithmic Mike Novogratz thinks the recent crypto chaosfrom the Terra blockchain and LUNA token crash to the bankruptcies of Celsius and Voyager to Three Arrows Capital’s LUNA’s “sudden demise” made investors realize that “anything can happen” and earmarked massive cryptocurrency exchanges. Two of the biggest cryptocurrencies At the beginning of May, crypto enthusiasts were shocked by bitcoin’s decline and followed by the extreme decline by Luna from the $60 to $0. just in a The crypto market has still been trying to find its feet post the recent back-to-back turbulences. Companies are facing liquidity crunches, the staff is being This LUNA-tic is frustrated ‘as heck’ because of a bunch of crypto ‘idiots’ The crypto market has still been trying to find its feet post the recent back-to-back turbulences. It's not that we needed yet another reminder, but it's both very expected but also depressing seeing once again that crypto is (mostly) just hype and chasing gains. The Ponzi scheme that

This LUNA-tic is Frustrated ‘as Heck’ Because of a Bunch of Crypto ‘Idiots’

The crypto market has still been trying to find its feet post the recent back-to-back turbulences. It's not that we needed yet another reminder, but it's both very expected but also depressing seeing once again that crypto is (mostly) just hype and chasing gains. The Ponzi scheme that… well, let's just say it’s been frustrating to watch.

I mention these three crypto headlines because they are the most recent tragedies to befall our space, but each brought in a different kind of collapse. Luna collapsed because its algorithmic...well, that's a whole other story. At the beginning of May, crypto enthusiasts were shocked by bitcoin’s decline and followed by the extreme decline by Luna from the $60 to $0. just in a...blink?

LUNA’s “sudden demise” made investors realize that “anything can happen” and earmarked massive cryptocurrency exchanges. Two of the biggest cryptocurrencies...

Mike Novogratz thinks the recent crypto chaos from the Terra blockchain and LUNA token crash to the bankruptcies of Celsius and Voyager to Three Arrows Capital’s missteps has made the…entire industry shaky. The recent set of events has undoubtedly dented the confidence of both participants and non-participants from in and outside the space. Resultantly, the same per…plexity and fear are rampant.

The system worked by allowing traders to convert a Terra UST coin into 1 U.S. Dollar worth of LUNA tokens and vice versa. Eventually, a sustained outflow or “burning” of UST coins into… LUNA was supposed to maintain stability, but it didn't.

Mike Novogratz thinks the recent crypto chaos from the Terra blockchain and LUNA token crash to the bankruptcies of Celsius and Voyager to Three Arrows Capital’s… demise has shaken the entire ecosystem. The crypto market has still been trying to find its feet post the recent back-to-back turbulences. Companies are facing liquidity crunches, the staff is being… laid off. This LUNA-tic is frustrated ‘as heck’ because of a bunch of crypto ‘idiots’.

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