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Cryptocurrency abyss: Digital Investors Lose Billions of Dollars

... TerraUSD (UST) is 75% down from its estimated dollar parity. Hope for so-called "stable" currencies (pegged, in particular, to the fiat dollar) turned out to be a myth. Now experts from the conservative camp are predicting a collapse of all stablecoins. Against this background, those billionaires whose investments in the crypto market were motivators for many participants have become much poorer. Changpeng Zhao, the head of the Binance exchange, has lost $ 37 billion. Instead of $ 24 billion,...

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