Behind Waves USDN depeg and how Sasha Ivanov worked to restore the peg by taking on $500M in debt
CryptoSlate’s Akiba spoke with Waves founder Sasha Ivanov to talk about USDN, Waves, Terra contagion, and algorithmic stablecoins in general....
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Crypto market bloodbath leads to over $500M in liquidations in 24 hours
The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new...
Filecoin: The true scope of $500M in 5 days for FIL
FIL holders who purchased the altcoin within the last six weeks have likely been disappointed by its performance. However, 30...
Waves Founder Holding $500M Debt To Avoid USDN Depeg
Sasha Ivanov is searching for exit liquidity as his debt accrues interest USDN lenders will face withdrawal limits until the...
Voyager to Borrow $500M from Alameda Amid Insolvency Rumors
Voyager’s loans will be used only if needs to protect customer assets, the firm said Alameda founder Sam Bankman-Fried suggested...
NFT Platform Immutable Launches $500M Fund
On Friday (June 17), NFT scaling platform Immutable announced the launch of a new $500 million fund to help NFT...
Immutable Earmarks $500M Fund for Gaming, Web3 Development
The new fund seeks to establish co-funds with VC partners and issuing grants to developers GameFi Investment in the first...
$500M Liquidated as Bitcoin Crashes to December 2020 Price Below $25K
No bottom is in sight yet, as bitcoin slumped below $25,000 for the first time since December 2020. Expectedly, the...
$500M of on-chain collateral will face liquidation if ETH falls to…
Ethereum , the world’s largest altcoin, might be losing its plot despite anticipation around the Merge. Rather, one can say...
Over $500M Liquidated as BTC Dumps to $27K, Altcoins See Double-Digits Crash
The adverse price developments in the cryptocurrency space only intensified in the past 24 hours, with new weekly, monthly, and...