Acala Stablecoin aUSD Collapses After Parachain Exploit
Acala Network’s native stablecoin, aUSD, collapsed to zero on Sunday after hackers exploited a bug in a newly deployed liquidity pool to mint over 1.28...
Tag : Stablecoin
fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) effect elevated
After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it...
Stablecoin Offer Decreases Over Quarter for First Time in Historical previous
Key Takeaways The total supply of stablecoins dropped for the first time in history. CoinMetrics charts show that over $13 billion has been redeemed directly...
USDD Stablecoin Loses Its Peg As Crypto Market Rout Continues
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Jap Recent Stablecoin Bill Prioritizes Traders’ Security
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Tether’s USDT stablecoin to launch on the Tezos blockchain
USDT stablecoin is now available on 12 blockchains thanks to this latest development. Tether Operations Limited, the parent company behind the USDT stablecoin, announced on...
DeFi Stablecoin Platform Beanstalk Suffers ~$80M Hack
Another DeFi platform took a major hit today, as the decentralized, credit-based stablecoin Beanstalk (with it’s stablecoin $BEAN) has broken it’s peg following a roughly...
The Terror of the UST Stablecoin Tenure; An Unexpected Tumble
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The Stablecoin Field: Ought to Stability Undermine Scalability
The current cryptocurrency landscape, although fast-growing, is still noticeably far from being the inadvertent choice in finance for the average Jane and Joe. Among the...
Waves Stablecoin Rupture Sparks Death Spiral Fears
Key Takeaways The flagship stablecoin of the Waves network, Neutrino USD, has depegged after rumors of "death spiral" risks began circulating on Twitter. USDN is...