2023-3-24 19:58 |
The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed. origin »
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Quick Take Over the past few days, stablecoins lost the peg to $1; the main headline was USDC. The post Majority of stablecoins re-store peg as USDT dominance hits 58% appeared first on CryptoSlate.
2023-3-13 14:17 | |
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2023-3-11 14:41 | |
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The USDC stablecoin lost its $1 peg after its issuer Circle said it has $3.3 billion stuck in the embattled Silicon Valley Bank. The post USDC Market Cap Sheds $6B as Circle Reveals $3.3B Exposure to Silicon Valley Bank appeared first on BeInCrypto.
2023-3-11 12:12 | |
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USDC's market cap fell from $43.56 billion to $38.9 billion, a drop of over 11%. As per Nansen, Circle burned $2.34 billion worth of USDC in the last 24 hours. USD Coin [USDC], lost its dollThe post Silicon Valley Bank leaves USDC bleeding- Will it impact Stablecoin market? appeared first on AMBCrypto.
2023-3-11 10:24 | |
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Sometimes trying to get in at any cost is not best idea out there
2023-2-22 13:06 | |
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Data shows the top stablecoin USDT has lost some dominance following the collapse of UST. While other coins like USDC and BUSD have observed rather sharp growth. USDT Has Shed Around $10 Billion Reserves After UST’s Collapse A stablecoin is a token whose value is pegged to another currency or commodity. The most popular such […]
2022-5-26 22:00 | |
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The stablecoin market has witnessed one of the most unstable moments in its history this month as TerraUSD (UST) lost its peg and momentarily threatened the perceived stability of its… The post Is USDC Set To Overtake Tether (USDT) Soon? appeared first on CoinCentral.
2022-5-24 18:15 | |
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Ronin Network, a gaming-focused platform, announced that it had experienced a loss of over $625 million in USDC and ETH. The hack marks the largest yet ever made in the DeFi space. Ronin’s blog post states that the exploit affected…
2022-3-30 14:00 | |
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Opyn, a protocol offering options for ETH, DeFi tokens, as well as insurance on Compound deposits, was hacked. At least 371,260 USDC were lost because of the double-spend attack on...
2020-8-5 08:02 | |
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The significance of stablecoins has been a hotly debated topic in the crypto community, splitting the opinions of major crypto-proponents across the board. The recent Tether/Bitfinex episode raised many questions about Tether’s status as a dependable stablecoin, since the virtual asset lost its 1:1 pegged valuation against the US Dollar, for a while.
2019-5-2 11:55 | |
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Huobi Global has announced its decision to list four USD-pegged stablecoins by the end of the week. In a support notice published on its platform, the company noted that users will be able to make deposits for Paxos Standard Token (PAX), True USD (TUSD), Circle’s (USDC), and Gemini exchange’s (GUSD) on its exchange starting from Friday, October 19, 2018 (GMT +8).
2018-10-17 21:15 | |
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The decentralized finance (DeFi) landscape is ever-evolving, and the recent developments surrounding the stablecoin-focused protocol Sky, formerly known as MakerDAO, highlight the complexities of brand identity and community engagement in the crypto space.
In a strategic move to accelerate decentralized finance (DeFi) adoption, Maker Protocol has undergone a rebranding and is now known as Sky. Alongside the new name, the protocol has introduced new titles for its governance tokens and an enhanced version of its stablecoin, DAI.
Maker (MKR) has experienced a notable surge following the announcement of Grayscale Investments’ Grayscale MakerDAO Trust. Grayscale, the world’s largest crypto asset manager, has introduced this innovative investment vehicle to provide exposure to MKR, the governance token of MakerDAO.
Aave is proposing a new framework as it gears up for the DeFi competition, ahead of MakerDAO's upgrade plans this year.
In response to market volatility, MakerDAO, a leading decentralized autonomous organization (DAO), has initiated temporary fee adjustments, aiming to stabilize the Dai stablecoin. Concurrently, AltSignals continues to make waves with its AltAlgo indicator and ActualizeAI program, as the ASI token gains momentum.
Will these Bitcoin Cash, Chainlink and. MakerDAO deliver expected gains for crypto whales in October 2023? The post Crypto Whales Are Buying These 3 Altcoins for October Profits appeared first on BeInCrypto.
MakerDAO DAI‘s stablecoin supply increased by $200 million after its interest rate increased by 8% for holders depositing into the protocol. On Aug. 6, MakerDAO’s founder Rune Christensen revealed that Dai Savings Rate (DSR) was paying the high yield rate for the stablecoin holders “at no additional risk.