UST, a stablecoin pegged to the U.S. dollar, along with its sister token Luna, plunged to its lowest value—dropping as low as below $0.30 and losing about $40 billion of its market cap in 48 hours.

Click here to read the full article.

 

Recommended for you

Most Canadians back crypto ATM ban, poll finds
A poll reveals that 56% of Canadians back banning digital asset ATMs, while some say better education may improve public...
June 12, 2026
TP in the Philippines says AI success hinges on ‘execution muscle,’ decades of operational expertise
The GenAI Summit Philippines 2026 focused on AI strategies for business success, featuring TP's live demo of AI agents enhancing...
June 12, 2026
Advertisement
Advertisement