Terra

As the Terra crisis draws on, some of the largest cryptocurrency exchanges in the world have begun to delist Terra’s UST stablecoin and its linked Luna token, citing a need to protect users from risk. Binance, the largest cryptocurrency exchange by trading volume, halted the trading of Luna and Terra on Thursday. The OKX exchange — one of the top 10 by volume — took the same action shortly afterward. The FTX exchange and other smaller exchanges continue to list and trade the Luna and UST tokens. The delistings come in…

Bitcoin, the world's largest cryptocurrency, has fallen over 50% since setting an all-time high of nearly $69,000 in November.Dan Kitwood | Getty ImagesThe two main tokens from embattled crypto project Terra are now in freefall.UST, a so-called stablecoin that's meant to maintain a $1 peg, plunged more than 60% Wednesday from 24 hours earlier. It was trading at just 35 cents at 4 a.m. ET, according to CoinGecko data.Sister token luna dived more than 80% to $5.Other cryptocurrencies tumbled alongside them, with bitcoin…