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Tether (USDT) is under pressure after Terra’s UST lost its dollar peg – Can it crash too?
The last four days have been quite eventful in the crypto market. The news… The post Tether (USDT) is under pressure after Terra’s UST lost its dollar peg – Can it crash too? appeared first on Coin Journal. дальше »
2022-5-12 18:00 | |
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UST’s crisis is the most destructive wealth event in the history of crypto, says Frank Chaparro
Terra’s stablecoin has lost its peg to the dollar and is trading around 5… The post UST’s crisis is the most destructive wealth event in the history of crypto, says Frank Chaparro appeared first on Coin Journal. дальше »
2022-5-12 13:40 | |
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Series of Stablecoins Lose Pegging Following TerraUSD (UST)
Following the de-pegging debacle overtaking TerraUSD, several other stablecoins appear to have lost their peg to the dollar as well. The post Series of Stablecoins Lose Pegging Following TerraUSD (UST) appeared first on BeInCrypto. дальше »
2022-5-12 23:00 | |
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LUNA, UST postmortem: Was it a coordinated attack or a ponzi
Two days have passed since Terra’s UST got knocked off its dollar peg and it looks like any recovery attempts have failed. LUNA has turned out to be the unfortunate casualty of an unfortunate seriesThe post LUNA, UST postmortem: Was it a coordinated attack or a ponzi appeared first on AMBCrypto. дальше »
2022-5-11 19:00 | |
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UST Woes Threaten The Trust Of Algorithmic Stablecoins
Terra’s UST, since its launch, has been the center of much attention as the crypto world remains divided on the feasibility of the initiative. With recent crypto price volatility and the stablecoin losing its peg to the dollar again, The Block’s Research Vice President Larry Cermak urged Terra to collateralize the stablecoin as he fears […] дальше »
2022-5-11 15:02 | |
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Luna Foundation Guard Seeks Funding as UST Crashes From Peg Again
The Luna Foundation Guard (LFG) has been battling to shore up its beleaguered UST stablecoin, which has crashed from its dollar peg yet again. The post Luna Foundation Guard Seeks Funding as UST Crashes From Peg Again appeared first on BeInCrypto. дальше »
2022-5-11 08:35 | |
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Terra’s LFG to lend OTC traders $1.5B in BTC, UST to support stablecoin peg
Luna Foundation Guard (LFG) said on May 9 that it will lend out $1. 5 billion worth of Bitcoin (BTC) and UST to defend the algorithmic stablecoin’s peg to the United States dollar. The post Terra’s LFG to lend OTC traders $1. дальше »
2022-5-10 00:30 | |
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Terra’s UST drops 850 basis points against the dollar, loses peg
UPDATE: UST is now trading at $0.91 as of 7.42GMT May 9 and appears to have lost its dollar peg. The post Terra’s UST drops 850 basis points against the dollar, loses peg appeared first on CryptoSlate. дальше »
2022-5-9 19:55 | |
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TerraUSD dollar peg rocked by weekend dump, LUNA drops 20%
A seemingly coordinated attack on the Terra ecosystem occurred this weekend, May 7th, as hundreds of millions of dollars worth of UST was dumped on Curve Finance. The post TerraUSD dollar peg rocked by weekend dump, LUNA drops 20% appeared first on CryptoSlate. дальше »
2022-5-9 22:24 | |
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Terra (UST and LUNA): A Guide to Crypto’s Hottest New Ecosystem
Terra is a blockchain-based ecosystem with a native algorithmic stablecoin (UST) designed for real-world adoption and native token (LUNA) used to stabilize UST’s dollar peg. TerraUSD (or UST) is the… The post Terra (UST and LUNA): A Guide to Crypto’s Hottest New Ecosystem appeared first on CoinCentral. дальше »
2022-5-5 19:22 | |
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Terra (UST and LUNA) Guide: Is Terra Legit and How Does It Work?
Terra is a blockchain-based ecosystem with a native algorithmic stablecoin (UST) designed for real-world adoption and native token (LUNA) used to stabilize UST’s dollar peg. TerraUSD (or UST) is the… The post Terra (UST and LUNA) Guide: Is Terra Legit and How Does It Work? appeared first on CoinCentral. дальше »
2022-5-10 19:22 | |
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Why some people are saying Waves is a ponzi scheme
Algorithmic stablecoin pegged to the US dollar, Neutrino has fallen by 15% from its peg and is now worth around 82 cents instead of a dollar. The post Why some people are saying Waves is a ponzi scheme appeared first on CryptoSlate. дальше »
2022-4-7 11:00 | |
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50 Years Later: Why Bitcoin Is The New Gold Standard
50 years ago yesterday, on August 15, 1971, United States President Richard Nixon changed the world with a monetary policy that also led to the creation of Bitcoin. It seems like a stretch, but it all began with the depegging of the dollar from the gold standard. Losing its peg to gold has led the […] дальше »
2021-8-17 03:00 | |
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LUNA’s Over 81% Price Crash Knocks TerraUSD (UST) Off the Dollar Peg
Bitcoin fell nearly 54% during the latest deep rut, Ether 60. 6%, and altcoin as much as more than 90%. Amidst this, Terra (LUNA) lost 81. 3% of its value from the all-time high of $22. 36 in March. дальше »
2021-5-24 17:31 | |
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Here’s What You Need To Know About The Fei Protocol Bug
Built to maintain a 1:1 peg with the US dollar, the Fei protocol stablecoin, FEI, failed to do so over the first week or so of its existence. The Fei Protocol is backed by major VCs with the goal of creating a stablecoin that would buy assets with its token, rather than holding them asRead More дальше »
2021-4-14 12:46 | |
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Billion Dollar Stablecoin Fei Protocol Struggles As Token Drops Below USD Peg
Barely days after the stablecoin project Fei Protocol launched, it appears to be struggling—so much so that its 1:1 USD pegged token has dropped well below its targeted $1 value. Currently at $0. дальше »
2021-4-9 00:12 | |
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Pornhub adds support for Tether following PayPal’s ban last year
Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year. Pornhub’s management notes that it will now accept major stablecoin Tether, which maintains a one-to-one peg with the US dollar and currently has a market capitalization of over $4. дальше »
2020-1-23 19:06 | |
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Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin
Control of the U. S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. дальше »
2019-7-17 01:30 | |
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China Issuing Digital Currency ‘Will Drive Bitcoin Adoption’
Bitcoin proponents predict that China’s decision to create its own digital currency will ironically drive massive BTC adoption. China: Libra Dollar Peg Would Harm Sovereignty As various media outlets including South China Morning Post (SCMP) reported July 8, China’s central bank said it was already in the process of building the digital token. дальше »
2019-7-9 17:00 | |
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Philippine Peso-Backed Stablecoin Launches by Bitspark Known as peg.PHP
Stablecoins are one of the easiest ways to connect the institutional investors with the crypto market, because of its unchanging ratio with whatever asset it is connected to. The most popular, albeit controversial, stablecoin has been Tether, which is pegged to the US dollar. дальше »
2019-4-26 18:22 | |
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Tether’s New Terms of Service Spark Fractional Reserve Concerns
Popular stablecoin Tether has updated its Terms of Service (TOS) on February 26th, once again raising questions over its dollar peg. No One Does it Better Than Tether Tether has regularly come under suspicion over its claims that it’s 1-to-1 backed by the US Dollar and that it has been used to manipulate Bitcoin prices. дальше »
2019-3-16 22:00 | |
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Dai Maintains Peg To Dollar, Despite Bearish Ether Market
“Stable, but built on tears,” says one redditor.
дальше »2018-11-22 01:29 | |
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None of the Stablecoins Maintain Their Peg Against the US Dollar
There has been a massive influx of stablecoins in the cryptocurrency industry. The purpose of these currencies is very simple: maintain their peg to the US Dollars at all times. Surprisingly, that is a very difficult task for nearly all stablecoins, especially during these volatile times. дальше »
2018-11-17 22:15 | |
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Stablecoins Demand More Trust than Fiat Currency
This article about the problem with stablecoins was written by Kevin Murcko, the CEO at cryptocurrency exchange, CoinMetro, and forex broker, FXPIG. Stablecoins — digital coins which peg their value rigidly to the dollar, the euro, or a collage of national currencies — are all the rage right now. дальше »
2018-11-16 06:05 | |
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Dash Surges Amid Tether Effect, Launches Text-Based Crypto Payments in Venezuela
CoinSpeaker Dash Surges Amid Tether Effect, Launches Text-Based Crypto Payments in Venezuela While Tether loses its peg against the US Dollar, Dash price is surging. Another positive news is that the startup is launching Dash Text - text-based crypto payment service in Venezuela. дальше »
2018-11-5 14:07 | |
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Free Money: How Crypto Arbitrage Made Firms Millions Last Week
The market started feeling a little queasy last week. The Tether (USDT) price had unaccountably lost its peg to the US dollar. Different exchanges were reporting different prices, but some were going as low as $0. дальше »
2018-10-26 19:30 | |
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Bitcoin Magazine Week in Review: Stablecoins Take the Spotlight
With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U. S. officials clamp down on unscrupulous coin offerings and crypto companies. дальше »
2018-10-20 17:49 | |
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With New Exchange Listings and Demand, New Stablecoins See Pegs Broken
Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs. дальше »
2018-10-17 01:17 | |
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OKEx Lists Four New Stablecoins
Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform. дальше »
2018-10-16 22:42 | |
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Tether ‘Bank Run’ Concerns Reach New Heights, USDT Falls 4% Below Peg
Tether ‘Bank Run’ Concerns Fuels Crypto Boom Crypto investors were in for a shock on Monday morning, as Bitcoin temporarily popped above $7,000, while crypto assets somehow posted 7%+ gains, amid a growing fear that the Tether Foundation didn’t have the U. дальше »
2018-10-16 20:18 | |
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