Tag: depeg
Stablecoins’ Total Market Cap Explodes to $138 Billion in 2024, Reveals CCData
CCData stands at the forefront of the digital asset data space, serving as a crucial resource for anyone navigating the cryptocurrency market. Their core...
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TUSD Stablecoin Depegs Amid Binance Selling Frenzy – Unchained
The TrueUSD stablecoin fell from its dollar peg to a low of $0.984 late on Monday after traders observed large selling volume on...
USDC tops S&P Global’s stablecoin stability chart while Tether faces scrutiny
S&P Global Ratings, a leader in providing credit ratings, announced a crucial series of stability assessments for various stablecoins on Dec. 12, rating each...
What Is USDC?
Stablecoins like USDC have become a cornerstone in the cryptocurrency ecosystem, offering unique stability and reliability. This article provides an in-depth exploration of the...
8 Best Cheap Crypto to Buy Now Under 1 Cent, December 2
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This article compiles the eight best cryptocurrencies priced under 1 cent as...
Aave Assets Are Still Stuck Over a Year After $100M Harmony Bridge Hack
The Harmony bridge hack saga highlights crypto's lack of recourse and the risks of composability. Depending on how you count, there have been roughly...
SEC Seeks Summary Judgment In Do Kwon And Terraform Labs Case – CryptoInfoNet
The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has demanded a summary judgment...
How to short USDT stablecoin? A Comprehensive Guide
Borrowing USDT against crypto collateral to then sell USDT, especially with the intention of speculating on a depegging event, is a strategy that comes...
Terraform Labs’ New Filing Reveals Who Was Responsible For The May 2022 UST Stablecoin Depeg Catastrophe
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In an intriguing disclosure, Do Kwon-co-created Terraform Labs has held trading firm Citadel Securities responsible for causing its so-called algorithmic...
Terraform Labs Accuses Citadel Securities of Destabilizing its UST Stablecoin
In the latest twist, Terraform Labs, a defunct crypto network, is accusing Citadel Securities of participating in intentional efforts to destabilize its stablecoin...
Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration
On October 12, 2023, Cobo Argus, a fortified on-chain DeFi management solution, announced its integration with Chainlink Price Feeds on the Arbitrum mainnet, bolstering...
According to Terraform Labs, Citadel Securities was involved in the collapse of its stablecoin.
Terraform Labs has implored the presiding judge to grant its motion, compelling Citadel Securities to disclose their trading data. Terraform alleges that Citadel Securities...
Tether CEO Steps Down, Naming Paolo Ardoino as Successor at Stablecoin Issuer – Decrypt
Stablecoin giant Tether has appointed the company’s Chief Technology Officer (CTO) Paolo Ardoino as CEO, assuming the role formerly held by Jean-Louis van der...
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