{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/60e5a224e0c9da0013f33e5e/6288cf4c1897420014792f55?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The Downfall of Luna and UST","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/60e5a224e0c9da0013f33e5e/1625930800979-f841b6aaa6f68bf03beaa237f421f0b8.jpeg?height=200","description":"<p>In May of 2022, UST and its sister token Luna imploded, resulting in a 99.99% drop in value. This resulted in over 50 Billion USD of losses. This episode of The Gigabyte Weekly delves into the mechanics of this collapse. Sam and James discuss everything from the concept of Stable Coins to the mismanagement of the Luna Foundation Guard.</p>","author_name":"Gigabyte Investment"}