Why is UST collapse worse than war for this Ukrainian Family? - BitcoinEthereumNews.com
KabuhayanBakit mas malala ang pagbagsak ng UST kaysa digmaan para sa Ukrainian Family na ito?05 / 29 / 2022Balita ng Ethereum ng Bitcoin For many instances, losing its virtue and value by a company is more than just this as many hopes and aspirations are adjoined with it, that collapse with the business collapse Since the news of Terra network collapse broke out, there have been many consequences following the instance, some of them were terrible for many investors across the globe. One such investor is a citizen from Ukraine named Yuri Popovich who had made an investment of all his family savings worth $10,000 into Terras Stablecoin UST and ended up losing almost everything following its collapse. Undoubtedly cryptocurrencies and stablecoins have turned out to be yet another but quite influential asset class of recent times. Considering these investment tools are quite beneficial as they are free from the direct effect of any negative instances like recent Russian invasion in Ukraine and market turbulence. In such times, allocating savings capital into cryptocurrencies seems better instead into physical wealth like buying property in a war-affected area. However, relying on such an assumption, Yuri Popovich, a resident of Kyiv, Ukraine has invested all his family