UK Business

why they've crashed and what it could mean for their future

Written by Gavin Brown, Associate Professor in Financial Technology, University of Liverpool

If you had invested £100 (US$122) in the cryptocurrency Luna a month ago, you might have been quietly confident you’d made a sensible bet. But Luna’s value has since fallen drastically – at the time of writing, that £100 is worth around 4p (5¢).

Luna was by no means the only victim in a week...

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