Search Result for 'depegging'

A mysterious wallet labeled 'Vitalik.eth', named after Ethereum co-founder Vitalik Buterin caused quite the stir over the weekend when it deposited 500 Ether (ETH), or just over $700,000, ...

The SEC civil case against Terraform Labs for the collapse of stablecoin TerraUSD is moving forward, with Judge Rakoff approving a confidentiality order for discovery materials until trial. ...

The decline in stablecoin market capitalization is driven by traditional finance rates surpassing crypto-native yields, leading to a persistent sell-off of stablecoins. Stablecoin market capitalization has declined by ...

A trader swapped 131,350 USDR for $0 worth of USDC during the USDR stability crisis, resulting in a complete loss of investment. An MEV bot made a successful ...

The SEC's lawyers have challenged Dentons' additional document submission for the dismissal of Terraform Labs' lawsuit, stating the lack of sufficient evidence. Dentons insists the algorithmic stablecoin, UST, ...

Curve’s 3Pool loses the balance between stablecoin distribution, causing USDT to temporarily depeg. Users sold off USDT in favor of DAI and USDC, which saw less weight in ...

During SVB collapse USDC depegged from $1.00 due to reserves that were in the bank at the time Over the past year, Circle’s USD Coin has seen its ...

South Korean prosecutors have called on Binance to freeze all assets of Do Kwon, the former chief of Terraform Labs, who is accused of illegally transferring funds into ...

Daniel Shin is being interrogated for his suspected involvement in the $40 billion collapse of LUNA and UST tokens Do Kwon was recently arrested in Montenegro after months ...

The total market capitalization of stablecoins fell 1.34% to $133 billion in March. Stablecoins trading volume reached $51.9 billion after USDC and other stablecoins recovered their USD peg. ...