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3232Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
https://www.digit.info/synthetix-stablecoin-susd-drops-below-1-parity-struggles-to-rebound/
Fri, 17 May 2024 13:47:34 +0000https://www.digit.info/2024/05/17/synthetix-stablecoin-susd-drops-below-1-parity-struggles-to-rebound/Read more]]>According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $0.915 Another stablecoin faces challenges in maintaining its 1:1 […]
]]>Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
https://www.digit.info/defi-lending-sector-experiences-major-shake-up-71-of-total-value-locked-evaporates-in-12-months/
Tue, 17 Jan 2023 18:30:53 +0000https://www.digit.info/2023/01/17/defi-lending-sector-experiences-major-shake-up-71-of-total-value-locked-evaporates-in-12-months/Read more]]>Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a lot has changed during the last 12 months as lending applications like […]
]]>The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg
https://www.digit.info/the-stablecoin-economy-shed-28-billion-in-2022-after-a-handful-of-tokens-lost-their-1-peg/
Wed, 28 Dec 2022 15:30:32 +0000https://www.digit.info/2022/12/28/the-stablecoin-economy-shed-28-billion-in-2022-after-a-handful-of-tokens-lost-their-1-peg/Read more]]>2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the last 23 days as BUSD shed roughly 23.3% during the last month. Over $3 Billion in […]
]]>Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours
https://www.digit.info/terras-2-classic-coins-mysteriously-spike-in-value-ustc-climbs-42-higher-in-24-hours/
Tue, 23 Aug 2022 16:37:33 +0000https://www.digit.info/2022/08/23/terras-2-classic-coins-mysteriously-spike-in-value-ustc-climbs-42-higher-in-24-hours/Read more]]>During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have seen significant gains. LUNC has climbed 8% higher during the past 24 hours and the […]
]]>Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
https://www.digit.info/terras-crypto-tokens-ust-and-luna-classic-mysteriously-pumped-this-week-ust-climbed-by-470/
Fri, 01 Jul 2022 05:30:41 +0000https://www.digit.info/2022/07/01/terras-crypto-tokens-ust-and-luna-classic-mysteriously-pumped-this-week-ust-climbed-by-470/Read more]]>After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST has increased 472.4% this week. […]
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $0.915 Another stablecoin faces challenges in maintaining its 1:1 […]
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Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a lot has changed during the last 12 months as lending applications like […]
2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the last 23 days as BUSD shed roughly 23.3% during the last month. Over $3 Billion in […]
During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have seen significant gains. LUNC has climbed 8% higher during the past 24 hours and the […]
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST has increased 472.4% this week. […]