UST Luna - The Biggest COLLAPSE in Crypto History

<p>We’re currently watching one of the the largest events in Crypto history. </p> <p>The sketchy outlook in the markets has triggered a run on the UST stablecoin, which began destabilizing in the last several weeks.</p> <p>As time progressed, the peg worsened, and it eventually rolled over into a complete crash of both the value of UST, and the native asset LUNA.</p> <p>What led to the crash? Was it a coordinated attack, or an inevitable collapse?</p> <p>What Red Flags were there ahead of time? What’s the fallout from all of this? What lessons can we learn? </p> <p>------<br /> 📣 OPOLIS | Sign Up to Get 1000 $WORK and 1000 $BANK<br /> <a href= "https://bankless.cc/Opolis">https://bankless.cc/Opolis</a> </p> <p>------<br /> 🚀 SUBSCRIBE TO NEWSLETTER:          <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a>   <br /> 🎙️ SUBSCRIBE TO PODCAST:                 <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a>   </p> <p>------<br /> BANKLESS SPONSOR TOOLS: </p> <p>⚖️ ARBITRUM | SCALED ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>❎ ACROSS | BRIDGE TO LAYER 2<br /> <a href= "https://bankless.cc/Across">https://bankless.cc/Across</a> </p> <p>🏦 ALTO IRA | TAX-FREE CRYPTO<br /> <a href= "https://bankless.cc/AltoIRA">https://bankless.cc/AltoIRA</a> </p> <p>👻 AAVE V3 | LEND & BORROW CRYPTO<br /> <a href= "https://bankless.cc/aave">https://bankless.cc/aave</a> </p> <p>⚡️ MAKER DAO | THE DAI STABLECOIN<br />  <a href= "https://bankless.cc/MakerDAO">https://bankless.cc/MakerDAO</a>  </p> <p>🦁 BRAVE | THE BROWSER NATIVE WALLET<br /> <a href= "https://bankless.cc/Brave">https://bankless.cc/Brave</a> </p> <p>------<br /> Topics Covered:</p> <p>0:00 Intro<br /> 6:30 Explaining the Terra Ecosystem<br /> 9:30 Tail Risk and Background<br /> 13:50 Bitcoin, Curve, and Monsters<br /> 17:54 The Initial Destabilization<br /> 20:14 The Panic Begins<br /> 24:40 The Charts<br /> 27:18 A Total Collapse<br /> 32:30 Regulators Get Inv