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    HomeCrypto Finance

    Scientists reverse-engineered the Luna flash crash utilizing particle physics

    Crypto Finance
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    By admin
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    Latest News

    Greater than $40 billion in investor belongings have been misplaced within the crash between Might 5 and Might 13, 2022. Lower than a 12 months later, Do Kwon was arrested after allegedly trying to flee prosecution for legal exercise related to the losses.

    Volumes have since been written discussing the breakdown, which noticed the Luna (LUNC) coin plummet and Terra’s UST stablecoin depeg from the U.S. greenback.

    Luna spoofing revealed throughout the collapse utilizing three disparate information evaluation methods. Supply: Li et al., 2023

    Proceed Studying on Coin Telegraph

    See also  XRP isn't a safety, Celsius CEO arrested on prison fees, and extra: Hodler’s Digest, July 9-15
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