Obviously the trendiest news of the week is the TerraLuna debacle. The crypto community is in turmoil and there’s no shortage of finger pointing and post-mortems. Hopefully, at least now more people are clued in to the concept of tail risk. I will probably cover the lessons learned from this event in a future article once the dust settles. The wonderful thing about crypto is that all the details of an event is recorded on-chain for anyone to dissect and review.