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3232Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
https://www.digit.info/stablecoin-implosion-luna-and-ust-lose-significant-value-downturn-ripples-across-the-crypto-economy/
Wed, 11 May 2022 15:30:07 +0000https://www.digit.info/2022/05/11/stablecoin-implosion-luna-and-ust-lose-significant-value-downturn-ripples-across-the-crypto-economy/Read more]]>During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower than the $1 parity and […]
]]>UST 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 […]
]]>Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application
https://www.digit.info/anchor-nips-at-aaves-heels-as-defi-protocol-becomes-second-largest-lending-application/
Mon, 07 Mar 2022 23:00:34 +0000https://www.digit.info/2022/03/07/anchor-nips-at-aaves-heels-as-defi-protocol-becomes-second-largest-lending-application/Read more]]>While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending platform in terms of TVL, and over the last […]
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower than the $1 parity and […]
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 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 […]
While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending platform in terms of TVL, and over the last […]