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Tag: depegging

Breaking: FTX CEO, Lawyers Meeting Federal Prosecutors In New York

FTX Latest News: According to reports, FTX new CEO John Ray had along with bankruptcy lawyers met with Manhattan federal prosecutors investigating the...

Swingby Partners With Chainlink To Secure Bitcoin Bridge

press release PRESS RELEASE. Swingby has recently announced a newly established partnership with Chainlink for Proof of Reserve. The recently publicized partnership is...

No, Wrapped Ethereum Isn’t In Trouble. Here’s Why

Key Takeaways Crypto Twitter has been sharing jokes about wETH being exploited or losing its peg. At least one media publication—Bloomberg—took the jokes at face value. Wrapped...

Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg – Bitcoin News

Months after the collapse of Terra’s U.S. dollar-pegged token UST, the group created to guard the once-stable coin, the Luna Foundation Guard (LFG), printed...

Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week

Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been...

Depegging DAI From USD Should Be Seriously Considered, Founder says

Depegging DAI from USD should be seriously considered according to founder Rune Christensen. He stated that he wants to transfer DAI’s collateralization away from...

Binance CEO Changpeng Zhao Doubts Terra’s Plans for a Fork

<!-- --> Changpeng Zhao (CZ), CEO of Binance, has voiced his opinion on Terra’s proposal to fork its blockchain and attempt...

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