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Terra’s LUNA sacrifice; Australian crypto ETFs launch

Terra’s sacrifice of LUNA pushes the UST up to US$0.84. Meanwhile, South Korea plans the institutionalization of crypto.

Welcome to The Daily Forkast – May 12th, 2022 – presented by Megha Chaddah.

Coming up on today’s show:

Terra sacrifices LUNA to save UST peg.

Meanwhile, Australia’s first Bitcoin and Ethereum spot ETFs go live.

And finally, South Korea hopes to institutionalize crypto by 2024.

We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast May 12th.