– Advertisement – TronDAO Deploys More Collateral As USDD Stablecoin Is Increasingly Pressured To De-Peg and Tron (TRX) is feeling the heat of stable coin depegging. TRON and TronDao are t...
Tag: Depegging
CoinDesk Korea Discloses Revelations That Terraform Labs Wallets Caused UST Depegging
– Advertisement – New Investigations Shows Terra Owns the Wallet That Crashed LUNA and UST. More than one month after Terra ecosystem tokens, UST, and LUNA collapse, new revelations contin...
These Two Stablecoins Are De-pegging As Crypto Markets Crash
TRON’s newly launched stablecoin, USDD, and Waves’ USDN have both depegged amid the recent crypto crash. The two tokens have attracted increased after the recent collapse of TerraClassicUSD, given tha...
Ethereum Liquid Staking Protocols Spark Centralization, Depegging Concerns
If Ethereum markets were not in a bad enough place already, centralization concerns have been raised regarding liquid staking protocols with the largest one already depegging. Major liquid staking pro...
How these new ‘money laundering’ claims tie into the Terra UST depegging fiasco
The U.S Securities and Exchange Commission has launched an investigation into the Terra crash. The Terra explosion is one of the biggest busts in the crypto history. The probe also investigates the ma...
DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%
The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum’s native token, Ether (ETH)....
Terra [LUNA]: Nansen’s report reveals new information on UST’s depegging fiasco
Latest report stated that the Terra crash earlier in May was not caused by a single hostile party. Rather a total of seven wallets were flagged by Nansen researchers as they studied on-chain data from...
Post UST’s depegging fiasco, data seems to suggest returning interest in stablecoins
Stablecoins, in general, suffered immensely post the TerraUSD (UST) de-pegging event. This event saw UST drop from its once-stable $1 parity to today’s $0.06 per UST. Now, to refill that lost trust, t...
FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report
Sarah Pritchard, the executive director of markets at the United Kingdom’s Financial Conduct Authority, or FCA, reportedly said the regulator will look at the recent volatility in the crypto markets w...
After TerraUSD (UST) De-Pegging Scare, Tether (USDT) Releases Report Claiming It Has Fully Backed Reserves
As the most recent crypto market crash is putting the spotlight on stablecoins, one of the leading dollar-pegged tokens says its valuation remains secure. In a new post, Tether Holdings Limited announ...
Tether Supply Plummeted $7.4B Amid Depegging Concerns, Terra Collapse: Glassnode
Amid the dramatic events surrounding last week’s TerraUSD collapse, Tether (USDT), the crypto industry’s largest stablecoin, has dropped more than $7 billion. Tether’s market capitalization plummeted ...
Depegging debacle: Is DEI, hybrid algorithmic stablecoin, following UST’s footsteps
Following the decimation of Terra’s UST and a temporal depegging of Tether’s USDT, Deus Finance (DEI) is the latest to suffer the same fate. The meltdown of the stablecoins Currently valued at over $...
Is depegging a real threat to financial stability?
This week will be remembered as the one when the stablecoins showed an unexpected ability to depeg. Terra’s TerraUSD (UST) dropped to a shocking $0.29 following the general meltdown of both crypto and...
With UST’s depegging ‘LUNA-cy’ out in the open, regulators begin to get jittery
“You get regulated!” “You get regulated!” “Everybody gets regulated!” The Terra LUNA crash that led to the bleeding cryptocurrency market of $830 billion in market value has led regulators to question...
What does UST’s depegging mean for crypto? An Expert’s view
An eventful week this was in crypto matters, with the highlight of the pain being the collapse of Terra’s LUNA and algorithmic stablecoin TerraUSD (UST). The token’s crash, which has LUNA virtually at...
Lido Finance’s stETH/ETH Ratio Runs Depegging Risk, Analyst Says – crypto.news
Earlier on today, Wu Blockchain tweeted that the ETH/stETH has seen many users exchanging their stETH into ETH. However, Lido Finance maintains that the stETH/ETH pool is still safe. The threats come ...
Tether’s Ardoino Backs USDT While Stablecoins Depegging Continues! What Next ? – Coinpedia – Fintech & Cryptocurreny News Media
The year 2022 isnt been very favorable for the cryptocurrency market, especially the month of April and May. Now in just a few days, the cryptocurrency market has suffered more losses following Terra ...
Here Is The Possible Reason For USDT’s Depegging!
While the crypto market is struck between Terra, and the UST crash, Tether, the third-largest cryptocurrency and one of the most liable stablecoin globally, has raised fear among the investors due to ...
Hold on to your hats, Tether USDT shows signs of de-pegging on exchanges
The value of Tether (USDT) stablecoin against the U.S. dollar is seeing significant downward pressure on exchanges and has fallen below its $1 peg price. May 11 saw a 0.8% swing to the downside before...
Terra’s UST De-Pegging a ‘Brilliant’ Soros-Style Attack, Claims Analyst
Terra’s (LUNA) UST de-pegging from the U.S. Dollar was part of a ‘brilliant’ Soros-style stratagem that netted its perpetrator close to a billion dollars. So claims market analyst the Onchain Wizard, ...
After TerraUSD (UST) Depegging, Macro Guru Raoul Pal Says Stablecoin Regulation Could Be Coming
Macro guru and Real Vision CEO Raoul Pal says the recent issues with Terra’s algorithmic stablecoin, UST, may lead to new stablecoin regulation. In a new interview with Bankless, the former Goldman Sa...
Terra: Amid news of UST’s depegging, here’s how the future looks for LUNA
Imagine trying to escape the volatility madness that plagues the cryptocurrency market by holding a stablecoin. You know that stablecoins usually peg their market value to some external reference such...
Terra’s LUNA Declines 10% Amid UST Depegging Concern
Terra’s native token, LUNA, since yesterday has plummeted about 10% to $65.80 on fears that Terra’s stablecoin UST, propped up mainly by LUNA, may lose its peg. Stablecoins are cryptocurrencies pegged...
Terraform Labs CEO Explains UST Depegging as LUNA Prices Plunge
The hottest stablecoin ecosystem in the crypto industry has shown signs of floundering over the weekend as UST dropped its peg and LUNA prices plunged. Weekend transaction data has revealed that Terra...
Depegging for algorithmic stablecoin MIM a concern for many
Stablecoin depegging for MIM has raised serious concerns across the digital finance sector A loss of confidence is one of the reasons for the fall in value recently Individual traders may be losing ...
DeFi Users Fret ‘Contagion’ Risk Amid Possible Stablecoin Depegging
A scandal has rocked investor faith in a popular stablecoin, and as users rush to exit, the clamor is threatening to throw the asset off its dollar peg. Even worse, however, some observers worry that ...