Terra

...

it means somebody we're speaking about has gotten a point, like Terra Classic with that cheeky backstage point.

And every time you hear this sound-

Ooh

I'm sorry to talk over you, but man-

No, no, no. That's it

... who'd have thought that Terra Classic would start off anything with a backstage point?

[laughs] I mean-

It's May 7th, 2022.

At exactly 5:44 PM Eastern Time, Terraform Labs quietly withdraws 150 million TerraUSD from a critical liquidity pool known as the Curve 3 pool.

It's a highly sensitive, unannounced move that is kept strictly from the public.

Just nine minutes later, at 5:53 PM, a mysterious crypto wallet executes a massive 85 million TerraUSD swap from the exact same pool.

In an instant, the stable coin's liquidity is shattered.

This perfectly timed trade destabilizes the entire market, precipitating a steep sell-off that triggers a catastrophic death spiral, ultimately vaporizing $40 billion and kicking off a brutal crypto winter.

For years, the world thought this was simply an inevitable structural failure orchestrated by disgraced founder Do Kwon, but a bombshell federal lawsuit filed by Terraform's bankruptcy administrator just blew that narrative wide open.

The lawsuit alleges that the mysterious wallet belonged to Wall Street quantitative trading giant Jane Street.

Real estate tokenization system allows users to rent objects from a decentralized autonomous organization or DAO instead of buying it.

Sixteen, could Tether, USDT, go the way of TerraUSD, UST? Holding a lion's share of total stablecoin market for years, USDT began to lose ground to its competitors.

According to the Block statistics, currently, USDT accounts for forty-seven point ninety-nine percent of total stablecoin supply.

As of January twenty twenty-one, first, USDT accounted for as much as seventy-four point seventeen percent of the stablecoin market.