Terra Crisis

Fresh findings on Terra's collapse reveal that the stablecoin's crash may have been an inside job.   According to a recently published report by Uppsala Security and Coindesk Korea, the wallet responsible for Terra’s attack is under the management of Terraform Labs, contrary to previous conclusions. Terra Crisis and Possible Conspiracy On May 7th, stablecoin UST, native to the Terra network, depegged, falling below the fixed 1 dollar mark. Sister coin, LUNA, followed very closely, crashing with great speed. In…