An affiliate of the company behind collapsed stablecoin TerraUST said on Monday it had spent the bulk of its reserves trying to defend its dollar peg last week, and would use the remainder to try to compensate some users who had lost out. The token's crash last week sent cryptocurrencies tumbling, a slide which resumed on Monday, as bitcoin gave up the gains it had eked out over the weekend The world's largest cryptocurrency fell 5 per cent to around$ 29, 700 on Monday in Asian trade, sliding al
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2022-05-17 00:00:00.0