Hashed, CoinShares Hope to Recoup Losses from Terra Crash

In the aftermath of the Terra collapse, firms like CoinShares and Hashed are still reeling from significant losses.  CoinShares Records a £17.8 million Loss On Tuesday, CoinShares Europe’s biggest digital asset investment firm released its financial results for the 2nd quarter of the year. Following the Terra-Luna debacle, the firm’s investment in the stablecoin ecosystem experienced a one-off loss, scaling £17.8 million. CoinShares’ Capital Markets business bore the brunt of the crash, the report revealed. However, their Asset Management arm…