The SEC settled charges against TrueCoin and TrustToken for unregistered and fraudulent investment contracts involving the ...
DeFi protocol Blast native stablecoin, USDB, depegged on Monday morning as the market registered weakness. At the time of writing, the stablecoin has recovered to trade at par of $1 on CoinMarketCap.
Tether’s transparency and business structure have raised a $118 billion, FTX-like concern, with crypto investors still ...
Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.
As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller. As the Terra stablecoin becomes depegged from the U ...
The exchange, founded by Vishal Gupta, former head of markets at Coinbase, and Patrick McCreary, a former software engineer at the Nasdaq-listed crypto exchange, is the flagship product of True ...
Over the month of May 2022, TerraUSD depegged from the U.S. dollar following mass withdrawals from Anchor, a yield-paying lending and borrowing protocol. The token plunged as low as 10 cents on ...
The UST coin is designed to retain a value of one US dollar at all times but was depegged last week, and fell to just 17 cents. Luna 's value collapsed in one of the most stunning crypto crashes ...
Terra depegged from $1 earlier this week and is now trading at around 50 cents, as the algorithmic stablecoin erased more than $5 billion in market value virtually overnight. Stablecoins are meant ...
Otherwise, USDT would’ve suffered during the last bear market, but instead, it was actually [USD Coin] USDC that depegged due to their reliance on Silicon Valley Bank and Signature Bank.