The past week was extremely eventful for cryptocurrency, especially LUNA. The token saw a more than 99% fall in a matter of days, post technical issues in its stablecoin, UST. Since the development, all Terra validators have halted all blockchain mining on TerraUSD or UST. It is being said that a plan is in the works to resume mining, however there are no details on that yet. The uncertainty is over the revival of UST and a confirmation of its peg against the US dollar.
