The last two weeks have been tough for cryptocurrency investors, especially those who had bought both Luna and TerraUSD.
TerraUSD, a stablecoin that was pegged to the US dollar, crashed to US$0.20 last Wednesday and is now trading at around US$0.095.
Its affiliate token Luna has lost nearly all its value in a stunning plunge from an all-time high of US$119.18 just last month.
If you’re troubled by the sudden and inexplicable crash in these two cryptocurrencies, don’t fret.
You can always choose to park your money in dependable blue-chip companies that offer peace of mind as well as dividends.
Singapore Technologies Engineering Ltd (SGX: S63)
Singapore Technologies Engineering Ltd, or STE, is a defence and engineering conglomerate with three business segments — commercial aerospace, urban solutions & satcom (satellite communication), and defence & public security.
The group has operations spanning across Asia, Europe and the US serving customers in more than 100 countries....