Join Our Telegram channel to stay up to date on breaking news coverage USP, the stablecoin of DeFi protocol Platypus Finance has lost its peg to the dollar after an $8.5 million flash-loan exploit. ...
Tag: USP
Flash loan exploit appears to be behind Platypus USD stablecoin attack
Platypus USD (USP) lost its dollar parity on Thursday following an apparent exploit that allowed a wallet to siphon off about $8.5 million from the token’s liquidity pools, just weeks after Plat...
Avalanche [AVAX] confirms plans to host a new stablecoin called USP
Avalanche to add the USP stablecoin into its list of offerings. The battle between AVAX bulls and bears intensifies as sell pressure threatens to erase recent gains. The crypto market just concluded a...
Platypus Unveils Launch of Its Native Stablecoin (USP) to Boost Capital Efficiency
Advertisement     Avalanche-based AMM that facilitates seamless exchange between pegged assets, Platypus Finance, has announced the launch of its native stablecoin, US...
Platypus Launches Native Stablecoin USP
Hong Kong, Hong Kong, 13th December, 2022, Chainwire Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency f...
How to Stop Your Crypto Platform’s USP from Getting Lost in Translation
Advertisement     Despite all of the technological, regulatory, and financial challenges that crypto platforms face, one of the most difficult obstacles they must over...