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Luna scare has investors pulling back from crypto

Richard Newell
It's an immature market and investors need to exercise caution. Nevertheless, the $40 billion collapse of a so-called stable currency has investors in the region questioning the stability of the crypto market.
Luna scare has investors pulling back from crypto

Last week’s $40 billion collapse in the Terra Luna stable currency platform is a major setback for cryptocurrencies and digital assets in Asia. The sector had won a great deal of support from investors in the region, particularly wealthy families, but is now facing considerable scepticism.

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