May 12, 2022, 4:48PM EDT
• 9 min read
Track live crypto price of 10000+ coins!
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
- The Terra protocol has undergone a collapse of epic proportions with the depegging of Terra USD (UST) from the U.S. dollar and a dramatic decline in the price of LUNA
- This week, we take a look at the fall of one of the most prominent L1 protocols in crypto and the impact to its ecosystem thus far
Download MAXBIT Android App, Your best source of all crypto news!
Share this article: