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Nansen Report shows that UST lost its peg due to the work of multiple large entities
TerraUSD (UST) losing its $1 peg and falling to $0.03 and the crash of Terra (LUNA) to $0.0001372 were two events that shook the crypto community. The post Nansen Report shows that UST lost its peg due to the work of multiple large entities appeared first on CryptoSlate. дальше »
2022-5-28 22:30 | |
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Is USDC Set To Overtake Tether (USDT) Soon?
The stablecoin market has witnessed one of the most unstable moments in its history this month as TerraUSD (UST) lost its peg and momentarily threatened the perceived stability of its… The post Is USDC Set To Overtake Tether (USDT) Soon? appeared first on CoinCentral. дальше »
2022-5-24 18:15 | |
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Terra LUNA fork voting in chaos amid massive inflation
In response to the de-pegging of UST, trillions of LUNA coins were minted due to the nature of the Terra LUNA algorithm used to maintain the UST dollar peg. The post Terra LUNA fork voting in chaos amid massive inflation appeared first on CryptoSlate. дальше »
2022-5-21 18:03 | |
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Are Terra developers migrating to AVAX, SOL, MATIC & ADA? The metrics say...
TerraUSD [UST] coming loose from its peg didn't just drag down the price of the stablecoin, but led to LUNA's market cap also diving and sent a shockwave of fear and anger through the communities partThe post Are Terra developers migrating to AVAX, SOL, MATIC & ADA? The metrics say... appeared first on AMBCrypto. дальше »
2022-5-20 21:30 | |
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Terraform Labs’ legal team quit as UST collapsed
Terra’s legal team resigned as UST lost its dollar peg and collapsed, pushing the Luna token to zero, according to sources familiar with the matter. As reported by the crypto publication The Block on Tuesday, some members of Terraform Labs’ legal team left as the crypto markets roiled from UST’s failure. дальше »
2022-5-18 23:36 | |
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How The Tether Peg Could Predict Raging Bitcoin Volatility
The whole UST debacle has seen traders emboldened in the market against stablecoins. The result of this had been more investors going after the pegs of other stablecoins such as USDT and trying to see if they can destabilize the coin. дальше »
2022-5-18 20:00 | |
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DEI Loses Peg Days After Terra’s Implosion, but Hong Kong Offers Way Out
The difficult patch for cryptocurrencies continues as Fantom’s DEI becomes the latest stablecoin to lose its peg to the U.S. dollar. The post DEI Loses Peg Days After Terra’s Implosion, but Hong Kong Offers Way Out appeared first on BeInCrypto. дальше »
2022-5-18 18:00 | |
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Luna Foundation Reveals it Sold 80K Bitcoin in ‘Last Ditch Effort to Defend’ UST Peg
The Luna Foundation Guard (LFG), the non-profit overseeing the Terra ecosystem, said that it sold almost all of the $3. 5 billion bitcoin it held in reserve "as a last ditch effort to defend the [UST] peg. дальше »
2022-5-17 09:00 | |
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Another algorithmic stablecoin, DEI, loses peg
Another algorithmic stablecoin from Deus Finance, DEI, fell to as low as 54 cents on Monday, continuing what has been a tumultuous week for stablecoins. The post Another algorithmic stablecoin, DEI, loses peg appeared first on CryptoSlate. дальше »
2022-5-17 08:00 | |
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MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.
дальше »2022-5-17 23:15 | |
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Scream protocol losses millions to stablecoin depeg
Scream, a decentralized lending protocol on the Fantom network, incurred a $35 million debt after failing to adjust the prices of two stablecoins that lost their peg on its platform. The DeFi protocol had hardcoded the value of these affected stablecoins, Fantom USD (fUSD) and DEI, to $1, meaning their decline did not reflect on […] The post Scream protocol losses millions to stablecoin depeg appeared first on CryptoSlate. дальше »
2022-5-17 22:30 | |
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LFG Reserves Dwindle to Just 313 Bitcoins From 80K After UST Crash
The Luna Foundation Guard (LFG), official stewards of Terra’s bitcoin reserves, released a statement today documenting how they disbursed millions of dollars worth of crypto in defense of failed UST stabelcoin’s $1 peg. дальше »
2022-5-16 12:59 | |
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Do Kwon’s Roadmap For TerraUSD To Regain Its Peg As LUNA Tanks
Terra’s week from hell continues as its stablecoin remains far from the dollar peg while its native coin has slumped to zero. However, on Wednesday, Terra founder Do Kwon came up with a roadmap to restore UST’s peg. дальше »
2022-5-14 22:40 | |
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Waves’ Neutrino USD (USDN) stablecoin de-pegs to $0.94
Neutrino USD (USDN), an algorithm stablecoin just like the TerraUSD, has fallen below its US dollar peg to trade as low as $0.8 today. The stablecoin is part of Waves blockchain ecosystem. Following the de-pegging, Colin Wu, a crypto analyst, has reported that the Curve pool for the USDN stablecoin (the USDN-3 pool) is now […] The post Waves’ Neutrino USD (USDN) stablecoin de-pegs to $0.94 appeared first on Invezz. дальше »
2022-5-14 18:45 | |
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The Shockwaves From Terra’s Abrupt Plunge
Algorithmic stablecoin TerraUSD (UST)’s drop from its US dollar peg sent shockwaves across the entire crypto market this week and ignited the dip in the value of a myriad of crypto assets as a result. дальше »
2022-5-13 16:59 | |
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Terra Protocol (LUNA) Collapse Resembles 08’ Financial Crisis, Caused by Lehman Brothers
The repercussions of UST losing its peg have caused a market-wide meltdown, sending the entire crypto market capitalization to March 2020 levels. Bitcoin has broken a key support region at $30,000, which has tremendously spread panic all over the crypto markets. дальше »
2022-5-12 19:15 | |
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Tether (USDT) losses dollar peg after the recent stablecoin drama with Terra’s UST
Tether (USDT) has become the next stablecoin to suffer from the ongoing stablecoin fiasco that started with TerraUST de-pegging from the US Dollar. USDT traders were treated to a scare after the price of USDT lost its dollar parity and slid below $1 to trade as low as $0. дальше »
2022-5-13 18:25 | |
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Tether (USDT) is under pressure after Terra’s UST lost its dollar peg – Can it crash too?
The last four days have been quite eventful in the crypto market. The news… The post Tether (USDT) is under pressure after Terra’s UST lost its dollar peg – Can it crash too? appeared first on Coin Journal. дальше »
2022-5-12 18:00 | |
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UST’s crisis is the most destructive wealth event in the history of crypto, says Frank Chaparro
Terra’s stablecoin has lost its peg to the dollar and is trading around 5… The post UST’s crisis is the most destructive wealth event in the history of crypto, says Frank Chaparro appeared first on Coin Journal. дальше »
2022-5-12 13:40 | |
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Hold on to your hats, Tether USDT shows signs of de-pegging on exchanges
The value of Tether (USDT) stablecoin against the United States dollar is seeing significant downward pressure on exchanges and has fallen below its $1 peg price. The post Hold on to your hats, Tether USDT shows signs of de-pegging on exchanges appeared first on CryptoSlate. дальше »
2022-5-12 12:30 | |
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USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in
LUNA/UST debacle leads to discrepancies in BTC-stablecoin trading pairs across global cryptocurrency exchanges.
дальше »2022-5-13 12:05 | |
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Series of Stablecoins Lose Pegging Following TerraUSD (UST)
Following the de-pegging debacle overtaking TerraUSD, several other stablecoins appear to have lost their peg to the dollar as well. The post Series of Stablecoins Lose Pegging Following TerraUSD (UST) appeared first on BeInCrypto. дальше »
2022-5-12 23:00 | |
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LUNA, UST postmortem: Was it a coordinated attack or a ponzi
Two days have passed since Terra’s UST got knocked off its dollar peg and it looks like any recovery attempts have failed. LUNA has turned out to be the unfortunate casualty of an unfortunate seriesThe post LUNA, UST postmortem: Was it a coordinated attack or a ponzi appeared first on AMBCrypto. дальше »
2022-5-11 19:00 | |
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UST Woes Threaten The Trust Of Algorithmic Stablecoins
Terra’s UST, since its launch, has been the center of much attention as the crypto world remains divided on the feasibility of the initiative. With recent crypto price volatility and the stablecoin losing its peg to the dollar again, The Block’s Research Vice President Larry Cermak urged Terra to collateralize the stablecoin as he fears […] дальше »
2022-5-11 15:02 | |
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