The Great Unpegging

“Cool, I’m in. Would prefer to ask whatever your net worth is and bet 90% But maybe this is what that is already”, snidely states Do Kwon, the Founder of Terra Luna, on the 13th of March to an anonymous account asking to make a 1 million dollar bet against Luna. Luna is a cryptocurrency launched in 2019 and created by Korean entrepreneur and 29-year-old Do Kwon. The Luna token was launched alongside the Terra token, which aimed to be a stable coin....

May 25, 2022 · 21 min · Bee