One other algorithmic stablecoin from Deus Finance, DEI, fell to as little as 54 cents on Monday, persevering with what…
Browsing: Peg
Its been a tough couple of weeks for the cryptocurrency market. Bitcoin (BTC) value is nowhere close to the worth…
Abstract: The crypto group has begun investigating the stream of the Luna Basis Guard’s Bitcoin reserves throughout USTs depegging occasion…
Key Takeaways Tether’s USDT has misplaced its peg to the greenback. USDT briefly traded as little as $0.95 earlier than…
Tether (USDT) misplaced its greenback parity on Thursday as UST’s debacle despatched shockwaves throughout the stablecoin market amid severe promote…
CryptocurrencyTerra (LUNA) shed half of its worth within the final 24 hours, inflicting the TerraUSD stablecoin to lose its $1…
As TerraUSD (UST) plummets in worth, the Luna Basis Guard says it’s making ready $1.5 billion in Bitcoin and UST…
The third-largest stablecoin by market cap Terra USD (UST) seems to be in a catastrophic tailspin which has seen it…
Key Takeaways The Luna Basis Guard will mortgage $750 million price of Bitcoin and 750 million UST to market makers…
Amid the sharp pullback throughout Bitcoin (BTC) and the broader crypto market this week, the Luna Basis Guard (LFG) is…
