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Ethereum co-founder loses billions in bear run

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The co-founder of ethereum has revealed that he’s lost billions in the bear run

Vitalik Buterin says he is no longer a billionaire after a string of blows to global crypto markets.

The 28-year-old tweeted the impacts of the crypto’s new lows.

The stable coin lost 98 per cent of its value in what should have been an impossibility.

Terra was previously among the most valuable cryptocurrencies in the world.

But it slumped below 1 U.S dollar earlier this month.

The cryptocurrency crash has dragged down blockchain traders around the world, including a number of high profile investors.

Some have pulled out of the crypto game entirely, which has left the entire cryptocurrency space in dire straits.

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