Bitcoin’s Achilles’ heel

Luna token’s hyperinflation was a thing to behold. On 05/May/2022, each Luna token was valued at ~$85 in markets where it was listed. On 11/May/2022, there were 377,000,000 Luna tokens in circulation. On 14/May/2022, there were 6,530,575,000,000 million tokens in circulation. That’s a 1,700,000% inflation over a 72 hour period. How did that happen? Read […]