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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...

Waves down 12% as Upbit issues investment warning

South Korea-based exchange Upbit has cautioned its users against investing in WAVES due to its high volatility resulting from the USDN...

What’s Happening With Wrapped Bitcoin on Ethereum?

An important “wrapped” token nearly unraveled last week—the latest crypto product to be hurt by the fallout of the once-dominant FTX exchange which collapsed...

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...

Wrapped Bitcoin (WBTC) Depeg Linked To Alameda Research; FUD Or Truth?

Wrapped Bitcoin (WBTC) Depeg News: Following the chaos around FTX collapse in recent weeks, speculation is now rife around the Wrapped Bitcoin (wBTC)...

Massive staked Ethereum withdrawals by whales allow arbitrageurs to profit

Lido (LDO) staked Ethereum (stETH) traded at a discount to Ethereum (ETH) on Curve after a whale removed 84,131 ETH ($101...

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...

The Financial World is Crumbling

Slowly but surely we are starting to see the Financial Markets from around the world implode, except...

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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