Thanks for sticking with us after a couple of weeks of hiatus. Felt like a great day to come back and report on what's going on in crypto! The cryptocurrency market is down 11% over the past 24 hours. Avalanche, ApeCoin, Shiba Inu, and Solana are among the coins and tokens that have experienced major losses in the past day. It's bloodshed pretty much across the board in the crypto market again today, led by (LUNA) and following the collapse of its paired UST stablecoin. In what will surely be a historic week in stablecoin history, Terra's LUNA, the currency that backs its dollar-pegged stablecoin UST, has slid beneath a dollar. Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still largely negative. Dr. Ruja Ignatova, the OneCoin founder who disappeared after allegedly fleecing investors out of as much as $5 billion in 2017, was added to Europe's most wanted list on Wednesday. Europol, the European Union Agency for Law Enforcement Cooperation, is offering a 5,000 Euro reward for information leading to Ignatova's arrest on fraud charges for having solicited investments for OneCoin, an "actually worthless currency." You can find these stories and more at the link below:
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