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 protoco...
Tag: DePeg
Whales Dump $710 Million Worth of Tether in Fear of De-Peg, USDT Trades at $1
Arman Shirinyan Even large cryptocurrency investors felt psychological pressure on their USDT holdings According to the most recent data from Santiment, whales have been actively selling their USDT ho...
Binance CEO Says Axie Infinity Handled Its Crisis Better Than Terra With UST Depeg
Changpeng Zhao, CEO of Binance, the world’s largest cryptocurrency exchange expressed his disappointment in the way Terraform Labs handled the recent LUNA and UST collapse. Zhao said that the team be...
Fearing a de-peg, Whales Dump $710 Million Worth of Tether (USDT)
Whales have been actively dumping their USDT holdings on the market after the danger of a de-pegging, according to the most current statistics from Santiment. The price of USDT briefly fell to $0.97 y...
UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion
This was the most eventful week in many months, but, unfortunately, the end result was that $500 billion were wiped off the total cryptocurrency market capitalization. Terra’s ecosystem was at the for...
Was Terra Crashed Deliberately? Citadel Securities, Blackrock, Gemini Deny Role In UST’s Depeg ⋆ ZyCrypto
Advertisement     Following UST’s collapse, narratives of a shadowy conspiracy involving top-notch hedge funds hell-bent on bringing down the stablecoin have been maki...
Tether (USDT) at $0.96, But You Shouldn’t Worry About De-Peg
Arman Shirinyan Tether is being pushed down heavily as the panic on the crypto market aggravates Contents Is Tether mimicking UST’s faith? Not the first run for Tether Following the turmoil on t...
Luna price falls below $1 as UST de-peg continues
Luna (LUNA), which has been in freefall along with its related stablecoin TerraUSD (UST), fell below $1 on Wednesday. Luna is currently trading at $0.86 at 9am ET, down 97% from $31.06 just 24 hours ...
LUNA Sees 17% Loss In One Week, UST De-Peg Rumors Affect Its Price?
As the crypto market sees some relief over the past week, the price of LUNA trends to the downside. The worst performer in the top 10 by market cap, the Terra native cryptocurrency appears at risk of ...