This is not the first occurrence of the USDN's price slipping significantly from the dollar peg Neutrino USD (USDN), an algorithmic stablecoin that is part of the Waves blockchain ecosystem, fell below its peg to
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Binance CEO explains what should have been done to save the entire market The CEO of one of the largest cryptocurrency exchanges in the world offered his view on the UST situation and explained the suspension of
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XRP price steadily declined until support was met at around $0.33 According to CoinMarketCap, the price of XRP has risen almost 20% in the past 24 hours to a current price of $0.44. The price
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Bitcoin critic Peter Schiff explains why LUNA confuses the concept of buying the dip for crypto overall Euro Pacific Capital CEO and gold investor Peter Schiff took to Twitter to comment on LUNA’s recent crash
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The TerraUSD (UST) stablecoin meltdown has caused panic among stablecoin and general crypto market investors. While the Terra Luna Foundation has already announced a “recovery plan”, it still hasn’t impacted the UST and LUNA prices
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Even large cryptocurrency investors felt psychological pressure on their USDT holdings According to the most recent data from Saniment, whales actively sold their USDT holdings in the market following the risk of de-anchoring. Yesterday, the
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The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with
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Things are not getting any better for the Terra ecosystem as Binance has now decided to delist LUNA and UST trading pairs. On May 13, Binance, the world’s largest crypto exchange by volume, issued a notice removing certain margin and spot trading
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As the native token of Terraform labs Terra(LUNA) dropped by 100%, losing 100% of its value, many exchanges came forward to halt the trade. In a recent update, the largest cryptocurrency exchange Binance announced the
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Terraform labs now appears to be in a soup and literally failed to manage the trembled situation. And hence Anchor Protocol steps in proposing the interest rate cut to stabalize the LUNA & UST prices.
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