USDT stablecoin temporarily lost its peg to the dollar

May 12, 2022

USDT stablecoin temporarily lost its peg to the dollar

Tether CTO has said that the company continues to redeem assets for US dollars one-to-one

​Terra to destroy 1,38 billion tokens to restore the UST stability

May 12, 2022

​Terra to destroy 1,38 billion tokens to restore the UST stability

The company has issued 240 million LUNA to protect the network from attacks

BlackRock and Citadel Securities denied involvement in the fall of the UST stablecoin

May 12, 2022

BlackRock and Citadel Securities denied involvement in the fall of the UST stablecoin

The statements were made in response to rumors circulating online

European Commission to consider imposing restrictions on the issuance of stablecoins

May 12, 2022

European Commission to consider imposing restrictions on the issuance of stablecoins

The issuance of stablecoins may be banned when the threshold of 1 million transactions per day is reached

Justin Sun announced the risk of the TRX token rate collapse

May 11, 2022

Justin Sun announced the risk of the TRX token rate collapse

TRON will allocate $2 billion to fight traders after the collapse of the LUNA price to protect the token

Trader made $760 000 on the UST collapse

May 11, 2022

Trader made $760 000 on the UST collapse

The co-founder of the Canadian exchange QuadrigaCX bought UST for USDT and then exchanged them back during a spike in the exchange rate

UST stablecoin rate dropped to $0,22

May 11, 2022

UST stablecoin rate dropped to $0,22

The LUNA token collapsed by 86% in 24 hours, and its price dropped to $4

Luna Foundation Guard to raise $1 billion to support UST stablecoin

May 11, 2022

Luna Foundation Guard to raise $1 billion to support UST stablecoin

This decision is designed to keep the UST pegged to the US dollar

US Fed warned about the risks associated with stablecoins

May 10, 2022

US Fed warned about the risks associated with stablecoins

The agency noted that the risk of stablecoins is the possible problems with converting them into fiat currency

​Binance resumed withdrawals of LUNA and UST

May 10, 2022

​Binance resumed withdrawals of LUNA and UST

TerraUSD lost its peg to the dollar and fell to $0,66

Tether blocks USDT on cold wallets. Why this is happening

May 9, 2022

Tether blocks USDT on cold wallets. Why this is happening

The issuer of the popular stablecoin regularly adds to its blacklist of addresses. In this article, we will explain which wallets can fall under the company's spotlight

Terraform Labs CEO explained the reasons for the fall of LUNA

May 9, 2022

Terraform Labs CEO explained the reasons for the fall of LUNA

Do Kwon reported that blockchain has removed 150 million UST from the Curve Finance protocol in preparation to deploy to the 4pool liquidity pool