VUSD Drops Significantly Amid Onyx Suspicious Transactions

According to Odaily, the market shows that VUSD has depegged and dropped to $0.6599, experiencing a 34.2% decline within one hour. This significant drop follows reports from Cyvers Alerts, which detected suspicious transactions involving Onyx. The losses from these transactions are estimated to have reached $3.2 million, with the primary loss being in VUSD.