#depeg

8:43am, 22nd March, 2023

Tether CTO on USDC depeg: ‘Bitcoin maxis were right all along’ | PBW 2023

Paolo Ardoino said that recent events in the crypto space demonstrate that Bitcoiners were right and that Bitcoin is the “ultimate way” to hold wealth.

Rattled crypto industry could emerge stronger after USDC depeg

8:53am, 20th March, 2023

Crypto Wiki

Rattled crypto industry could emerge stronger after USDC depeg

Did the depegging reveal stablecoins’ limitations, or was it a learning moment?

How The USDC Depeg Will Impact DeFi, Expert Explains

6:18pm, 15th March, 2023

Financial News

How The USDC Depeg Will Impact DeFi, Expert Explains

Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U.S.-based company behind the coin, Circle, revealed that $3.3 billion of the $4...

7:31am, 12th March, 2023

Crypto Wiki

How and why do stablecoins depeg?

Discover the causes and mechanisms behind stablecoin depegging.

Curve Finance trading volume reaches $7B historic high after USDC depeg

1:30pm, 11th March, 2023

Crypto Wiki

Curve Finance trading volume reaches $7B historic high after USDC depeg

The USD Coin depeg led the DeFi protocol to experience a record-breaking daily trading volume as crypto whales fight for assets.

Crypto whales suffer huge losses due to USDC depeg, SVB collapse

11:57am, 11th March, 2023

Crypto Wiki

Crypto whales suffer huge losses due to USDC depeg, SVB collapse

The depegging of the USDC stablecoin has affected other stablecoins, which in turn wreaked havoc on crypto projects and stakeholders in a massive chain reaction.

Aavegotchi bonding curve closes on exact day of DAI depeg

10:25am, 11th March, 2023

Crypto Wiki

Aavegotchi bonding curve closes on exact day of DAI depeg

The price of GHST was supported by that of DAI stablecoin for over two years.

Another depeg — Acala trace report reveals 3B aUSD erroneously minted

4:28am, 17th August, 2022

Crypto Wiki

Another depeg — Acala trace report reveals 3B aUSD erroneously minted

As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool.