Scientists reverse-engineered the Luna flash crash using particle physics
Some of the same techniques used to study the thermal history of the universe can be used to understand crypto crashes. Do Kwon: "95% are going to die [coins], but there's also entertainment in watching companies die too" 8 days ago. Ironic. pic.twitter.com/fEQMZIyd9a — Pedr (@EncryptedPedro) May 11, 2022 More than $40 billion in investor assets were lost in the crash between May 5 and May 13, 2022. Less than a year later, Do Kwon was arrested after allegedly attempting to flee prosecution for criminal activity associated with the losses. Volumes have since been written discussing the breakdown, which saw the Luna coin plummet and Terra’s UST stablecoin de-pegged from the U.S. dollar. Now, for what appears to be the first time, scientists have applied statistical mechanics to essentially reverse-engineer the crash using the same techniques used to study particle physics . The research, conducted at King’s College London, concentrated on transaction events and o...