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3232UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
https://www.digit.info/ust-rebounds-from-0-66-per-coin-to-0-93-crypto-community-assesses-stablecoins-damaged-reputation/
Tue, 10 May 2022 14:15:46 +0000https://www.digit.info/2022/05/10/ust-rebounds-from-0-66-per-coin-to-0-93-crypto-community-assesses-stablecoins-damaged-reputation/Read more]]>On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical discussions in crypto during the past 24 hours, as many have been betting on whether it will fail or recover. […]
]]>As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93
https://www.digit.info/as-lunas-price-drops-over-33-in-24-hours-stablecoin-ust-slips-below-1-parity-to-0-93/
Mon, 09 May 2022 20:30:29 +0000https://www.digit.info/2022/05/09/as-lunas-price-drops-over-33-in-24-hours-stablecoin-ust-slips-below-1-parity-to-0-93/Read more]]>As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost stability, dropping to $0.932008 per token. Additionally, the Luna Foundation Guard’s bitcoin wallet and ethereum Gnosis safe address has been emptied. LUNA Price Puts Intense […]