BTC logo
BTC
$110,628.23
2.11%
ETH logo
ETH
$3,987.95
4.60%
USDT logo
USDT
$1.0004
0.03%
BNB logo
BNB
$1,184.51
1.61%
XRP logo
XRP
$2.3908
4.90%
SOL logo
SOL
$192.56
6.57%
USDC logo
USDC
$1.0001
0.00%
TRX logo
TRX
$0.3215
0.46%
DOGE logo
DOGE
$0.1964
4.39%
ADA logo
ADA
$0.6681
4.98%
HYPE logo
HYPE
$37.60
7.39%
LINK logo
LINK
$17.96
5.13%
USDE logo
USDE
$1.0001
0.01%
BCH logo
BCH
$521.07
3.90%
XLM logo
XLM
$0.3221
4.89%
SUI logo
SUI
$2.6533
6.16%
AVAX logo
AVAX
$21.73
5.51%
WBT logo
WBT
$41.90
1.34%
LEO logo
LEO
$9.6332
0.08%
HBAR logo
HBAR
$0.1787
5.68%
BTC logo
BTC
$110,628.23
2.11%
ETH logo
ETH
$3,987.95
4.60%
USDT logo
USDT
$1.0004
0.03%
BNB logo
BNB
$1,184.51
1.61%
XRP logo
XRP
$2.3908
4.90%
SOL logo
SOL
$192.56
6.57%
USDC logo
USDC
$1.0001
0.00%
TRX logo
TRX
$0.3215
0.46%
DOGE logo
DOGE
$0.1964
4.39%
ADA logo
ADA
$0.6681
4.98%
HYPE logo
HYPE
$37.60
7.39%
LINK logo
LINK
$17.96
5.13%
USDE logo
USDE
$1.0001
0.01%
BCH logo
BCH
$521.07
3.90%
XLM logo
XLM
$0.3221
4.89%
SUI logo
SUI
$2.6533
6.16%
AVAX logo
AVAX
$21.73
5.51%
WBT logo
WBT
$41.90
1.34%
LEO logo
LEO
$9.6332
0.08%
HBAR logo
HBAR
$0.1787
5.68%
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Nansen Research Debunks Single 'Attacker' Myth in Terra's Collapse

The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.

By David Z. Morris
Updated Jun 14, 2024, 7:58 p.m. Published May 27, 2022, 6:18 p.m.
TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)
TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)