Justin Sun-related wallet made over $3M from USDC depeg
On-chain investigator Lookonchain reported that a wallet “possibly” connected to Tron founder Justin Sun made $3.3 million from USD Coin...
Depeg
Circle Boasts New Banking Partner To Calm Markets After USDC Depeg
After losing its dollar peg over a tumultuous weekend for crypto, USDC issuer Circle says its reserves are safe and...
Sudden Circle Depeg ‘Panic’ Could Be About To Crash The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana
Bitcoin BTC , ethereum and other major cryptocurrencies are braced for extreme volatility after Circle's $43 billion USDC USDC stablecoin...
How and why do stablecoins depeg?
Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or a basket...
USDC depeg – Everything we know so far as contagion spreads from TradFi banking
Ad What we know so far about the SVB collapse and USDC/DAI depeg (updated):Crypto firm Circle reveals $3.3 billion stuck...
Why the USDC depeg is not a reason to panic
Ad The following is a guest post by Anndy Lian.The crypto industry is currently experiencing anxiety due to concerns about...
Curve Finance trading volume reaches $7B historic high after USDC depeg
Stablecoin swapping pool Curve Finance is experiencing the highest daily trading volume in its history, exceeding $7 billion in the...
Wallet Tied to Terra’s UST Depeg Identified to be Jane Street’s: Research
The implosion of Terra last summer still haunts the crypto industry. Numerous post-mortem reports have gone into detail about the...
Huobi’s Market Share Crumbles Amid USDD Depeg
Seychelles-headquartered crypto exchange – Huobi Global – has been in trouble for quite some time now, which has translated into...
Justin Sun’s Woes Continue as USDD Depeg Sparks Huobi Concerns
As stablecoin USDD continues to trade below its peg, Justin Sun’s Huobi Global is suffering the consequences. The crypto exchange...