The United States Securities and Exchange Commission (SEC) has settled charges against TrueCoin and TrustToken for fraudulent ...
Curve Finance proposed the complete removal of TUSD from the crvUSD ecosystem after the US SEC charged TrueCoin with investor ...
Tether’s transparency and business structure have raised a $118 billion, FTX-like concern, with crypto investors still ...
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 ...
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 ...
Since World War II, it has been the world’s primary reserve currency. In 1971, U.S. President Richard Nixon depegged the dollar from gold, making it a fiat currency. Dollarization in other ...
Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.
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 ...
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 ...
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.
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 ...