Crypto Chaos: TerraUSD Collapse and Quantum Threats

Explore the dramatic downfall of TerraUSD, a 'stable coin' that wiped out $40 billion, shaking the crypto world. Delve into the potential threats posed by Google's new quantum chip to Bitcoin's security. Plus, discover Ripple XRP's impressive growth and the looming $18 billion options expiry that could stir market volatility. This episode offers a comprehensive look at the challenges and innovations shaping the future of cryptocurrency.

Sources:
https://curated.tncontentexchange.com/partners/afp/do-kwons-stable-coin-cryptocurrency-terrausd-was-not-stable-in-the-end-wiping-out-about/image_8404f597-2074-5b28-abd3-3f097c51d3f3.html
https://www.investopedia.com/can-quantum-computing-revolutionize-crypto-8759455
https://www.financemagnates.com/cryptocurrency/ripple-xrp-sees-250-growth-over-three-months-with-8-price-forecast/
https://www.cryptoglobe.com/latest/2024/12/volatility-ahead-massive-18-billion-cryptocurrency-options-expiry-looms-over-crypto-market/

Outline:
(00:00:00) Introduction
(00:00:40) Do Kwon's 'stable coin' cryptocurrency TerraUSD was not stable in the end, wiping out about $40 billion of investors' money and shaking global crypto markets
(00:03:48) Could Google's New Quantum Chip Mean Your Bitcoin Could Soon Be Hacked?
(00:06:56) Ripple XRP Sees 250% Growth over Three Months with $8 Price Forecast
(00:09:24) Volatility Ahead? Massive $18 Billion Cryptocurrency Options Expiry Looms Over Crypto Market