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Nathan Taylor, Information Age

Nathan Taylor is a massive geek and widely-published technology journalist who currently serves as the ACS Publications Manager.

Cryptocurrency

Luna eclipsed: Behind the collapse of the algorithmic stablecoin TerraUSD

Nathan Taylor, Information Age - May 17, 2022 6 MIN READ

Over the course of a few days last week, we saw what was perhaps the most dramatic flame-out in the history of cryptocurrencies. Just a few weeks earlier, Terraform Labs the creators of the TerraUSD and Luna cryptocurrencies, was riding high. Luna was valued at US$86 per token on 5 May – down from the… Read more »

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