Edward Ongweso Jr / VICE:
Q&A with retail traders after Terra’s crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it’s a Ponzi scheme — It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders’ savings.
More Stories
Indian startups are resorting to layoffs, a hiring freeze, shutting down non-core verticals, and rationalizing ad spends as a two-year funding spree slows down (Moneycontrol)
The Best Spider-Man Movies: From No Way Home to Spider-Man 3
DeFi Llama: the total value locked across DeFi protocols has dropped to ~$112B, down from ~$195B before UST and LUNA collapsed, amid a broader decline in crypto (Emily Nicolle/Bloomberg)