Tag: depegging
Terra Classic (LUNC) Community Approves Landmark Proposal to Burn 800 Million USTC
The Terra Classic community has voted in favor of a proposal to burn 800 million USTC through contract migration, marking a pivotal governance decision....
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Singapore Regulators Reject Bitcoin ETF’s Citing High Risk
Singapore’s MAS rejects Bitcoin ETFs due to high risk, contrasting with US approval; local trading is still possible through brokers.
Singapore’s...
TrueUSD (TUSD) Links Recent Depegging To Binance Launchpool Activity
The TrueUSD team has linked the recent TUSD depegging to Binance Launchpool activities.
The team reiterated that TUSD redemption services “are always...
Bitcoin Hash Rate Drops by 34% As Texas’ Temperature Drops Below Zero
A sudden freeze in Texas has caused a significant drop in the Bitcoin hash rate, as miners in the state...
Ethereum Layer-2 Scaling Network Blast Announces Airdrop
Despite controversy surrounding its initial rollout, Ethereum layer-2 scaling network Blast has attracted over $1.3 billion from users seeking yield...
TrueUSD (TUSD) Depegs Further, Hits Low Point Of $0.97
Stablecoin TrueUSD (TUSD) depegs further, dropping to a point of around $0.9708 on Thursday morning.
TUSD has since slightly recovered, trading...
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...
Terraform Labs’ LUNA and MIR Tokens are Securities, Judge Rules
The SEC sued Terraform Labs earlier this year, following a rash of similar complaints it filed against several other key players in the cryptocurrency...
2023 Top Stories in Crypto Industry – CryptoCurrencyWire
The year 2023 proved to be a challenging period for the cryptocurrency sector, witnessing the reckoning of bad actors that had flourished during the...
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...
Top Trending Crypto Coins on DEXTools – Virtue Poker, FLOKI CEO, Shrapnel
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Montenegro Intends to Extradite Do Kwon to the U.S.: WSJ
The fallen founder of Terraform Labs faces multiple criminal charges in the U.S. Terraform Labs founder Do Kwon ...
The Emergence and Predictable Demise of the Stablecoin – And Its Rising Replacement – The Daily Hodl
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In the dynamic and ever-shifting world of Web 3.0, stablecoins have been perceived as the go-to on-chain safe haven for...