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What you need to know about Terra 2.0 and recouping losses

Terra's creator and developers will launch on May 27 a new bid to save the blockchain project. PHOTO: REUTERS
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SINGAPORE - Three weeks after the collapse of cryptocurrency TerraUSD, a popular stablecoin, its creator and developers will launch on Friday (May 27) a new bid to save the Terra blockchain project.

On Wednesday (May 25), Terra developers announced on Twitter that the proposal was passed by network validators "with overwhelming support".

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