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....
USDN
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...
Waves Surges 60%, Cardano Jumps 25%, As Bitcoin’s Price Bounce Powers Crypto-Wide Relief Rally
Increasing Bar Graph Made of Green Colored Drinking Straws Front View. getty The crypto market is a sea of green...
The USDN Fiasco Spotlights Economic Risk in DeFi
On-Chain Markets Update by Lucas Outumuro, Head of Research at IntoTheBlockThe risk of hacks in DeFi has been a pervasive...
Why did WAVES founder reportedly buy 5 million ‘cheap’ ex-stablecoin USDN
If you’re into crypto news that comes from beyond the top 20 coins, you might be familiar with the drama...