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In your nightly crypto news wrap up, we bring you the top crypto stories. Inflation and consumer demand boosted retail spending by almost 1% in April. Investors withdrew over seven billion in USDT, renewing fears of Tether depegging from the dollar. Will USDT suffer the same fate as UST? While Do Kwan submits another proposal to revive the Terra Network, he and Korea’s exchange officials are called into a parliamentary hearing to find out the cause of UST’s depegging and LUNA’s crash. Find out the latest Terra LUNA news.

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