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DEPEGGING IN CRYPTO
What stablecoins actually do, how they work, and the hidden risks nobody talks aboutStablecoins explained: Stablecoins aim for crypto stability by linking to assets like the US dollar. They use collateral or algorithms to h...- Why Stablecoins are an oxymoron to their nameA Stablecoin is a popular form of cryptocurrency designed to maintain a constant value through a peg to another asset. In 2022, the cumulat...
- Cryptoverse: Tether gets a lift from stability doubtsAs a regional US banking crisis widens and a regulatory crackdown on crypto firms deepens, investments within the cryptosphere are moving i...
- Cryptoverse-Tether gets a lift from stability doubtsTether, the stablecoin, is becoming the least risky cryptocurrency asset as demand to buy grows due to increasing concerns about mainstream...
- Crypto shaken as SVB exposure depegs $37 billion stablecoinThe second-largest stablecoin fell from its intended $1 peg, trading as low as 81.5 cents as investors reacted to the exposure of issuer Ci...
- Crypto shaken as SVB exposure Depegs $37 billion StablecoinThe second-largest stablecoin fell from its intended $1 peg, trading as low as 81.5 cents as investors reacted to the exposure of issuer Ci...
- Stablecoin USDC breaks dollar peg after revealing $3.3 billion Silicon Valley Bank exposureCircle has $3.3 billion of its $40 billion of USDC reserves at collapsed lender Silicon Valley Bank, the company said in a tweet on Friday.
- Inside the frantic texts exchanged by Binance CEO and Sam Bankman-Fried as FTX collapsedThe series of about a dozen group texts between Zhao and Bankman-Fried on Nov. 10, which were obtained by The New York Times, show that key...
- FTX failure wipes out over $150 billion from crypto m-cap; gloomy road for the rattled investorsCoinDCX Research said that Sam Bankman-Fried’s FTX worries about how FTX's liquidity and solvency problems raised questions about the healt...
- Deja vu for stablecoins? This token tanks 99% post hacker attackHistory repeated itself as the Polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, Acala Dollar (aUSD), lost it...
- Crypto Price Today Live: Bitcoin holds $24,000; Solana and Uniswap drop 8% eachThe ED probe into alleged money laundering by crypto exchange WazirX and the subsequent squabbling among its promoters has revealed the 'da...
- Cryptocurrencies a clear danger to financial systems: RBI GovernorThe central bank’s Financial Stability Report said the aggressive tightening of monetary policy in response to the inflationary pressure wa...
- New York AG raises red flag on cryptos, industry highlights the need for regulationsThe local AG was referring to the collapse of Terra's native token LUNA, which wiped out more than $50 billion in less than 100 hours last ...
- Regulators must put up guardrails to protect crypto investors: IMF officialThe shocking implosion of the TerraUSD stablecoin and Luna cryptocurrencies last week threw many young investors into a panic.
- Crypto mayhem: $3.5 bn worth Bitcoin in Terra reserve just evaporatedOver $15 billion worth cryptocurrency have been lost ever since the TerraUSD stablecoin crash.
- Crypto Week at a Glance: The volatility of crypto and the de-pegging of a stablecoinPortfolios of most crypto investors who entered the ecosystem post 2021 are in the red.
- Major Indian crypto platforms delist stable coin TerraUST, Luna after collapse of Terra NetworkOn May 6, the token had been trading at $80 before the slide started. Alt coin Luna was popular with Indian crypto investors after rising f...
- Crypto world stabilizes after rocky week shakes stablecoinsBitcoin, the largest cryptocurrency by market value, last rose 4.85% to $29,925, rebounding from a December 2020-low of $25,400 which it hi...
- LUNA is now cheaper than Dogecoin! Should you bottom-fish?Terra, which was trading at $118 last month, boasting itself as the eighth largest crypto-token, was the worst of its day on Thursday when ...
- 'Depegged' TerraUSD butchered LUNA; Terra plunged 97% in a monthThe token, which dropped 55 per cent on Tuesday, eroded another 85 per cent on Wednesday. In the last couple of days, it has wiped out abou...
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