Tag: depeg
Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the pr [...]
Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the pr [...]
Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the pr [...]
Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68
The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0 [...]
Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68
The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0 [...]
First Digital redeems $26M after FDUSD depeg, dismisses Sun insolvency claims
First Digital has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of [...]
First Digital redeems $26M after FDUSD depeg, dismisses Sun insolvency claims
First Digital has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of [...]
USDC Stablecoin Momentarily Loses $1-Peg on Binance, Slides to $0.74 Before Rebounding
The 2% market depth on Binance for the USDC/USDT pair is skewed to the upside, with $26 million in orders stacked up to $1.02 and $6.1 million in orde [...]
Crashed Stablecoin Iron Bank Euro (ibEUR) Lacks Clear Repeg Path
The minor alternative stablecoin, which has an $11 million market cap, dropped from its normal price of $0.97 to as low as $0.39 Monday after a shakeu [...]
Can Stablecoins Get Past Their Instability?
Stablecoins, cryptocurrencies designed to hold a stable value through a peg to an underlying asset, such as the U.S. dollar, have gained popularity fo [...]
Trader swaps 131k stablecoins for $0 during USDR depeg
During yesterday's real-estate-backed U.S. dollar stablecoin Real USD (USDR) crisis, a trader appears to have swapped 131,350 USDR for 0 USD Coin (USD [...]
Curve pool imbalance triggers USDT depeg concerns: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most signifi [...]
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
Tether-issued USDT (USDT) stablecoin slightly deviated from its dollar peg value on June 15 due to an imbalance in the Curve 3pool. The price of USDT [...]
Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown
The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.
www.coindesk.com [...]
USDC’s Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins
Other, smaller-circulation stablecoins lost their pegs, too, including BUSD, issued by Paxos, and crypto-backed stablecoin DAI, issued by MakerDAO. On [...]