Although a 1% depeg from $1 isn’t unusual for stablecoins when markets are under pressure, in the case of UST, it’s been more than 16 hours.
You might be interested in …
Owner of Mercado Bitcoin 2TM Undergoes Second Round of Layoffs
The parent company of Latin American exchange Mercado Bitcoin, 2TM, has announced a second round of layoffs as companies continue cutting back amid crypto winter. According to Bitcoin Portal, a Brazilian cryptocurrency publication also owned […]
This Week In Coins: Wipeout for Bitcoin, Ethereum, Solana, Dogecoin, Almost Everything Else
This week in coins. Illustration by Mitchell Preffer for Decrypt. Global crypto markets fell 8.5% overnight. That’s right: in 24 hours, the total market capitalization of cryptocurrencies across the globe plunged down to $1.63 trillion. […]
DeepDAO Launches Search Engine to Find Financial, Membership Data for DAOs
In brief DAO analytics site DeepDAO has launched a new search engine function. The new features make it easier for users to find information about more than 4,000 DAOs. A key function of DAOs is […]