Binance spotlights FDUSD TUSD loses $1 peg
Binance launched zero-fee FDUSD trading in December, incentivizing users to sell.
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Binance launched zero-fee FDUSD trading in December, incentivizing users to sell.
Stablecoins have become a popular instrument in the cryptocurrency market, offering the benefits of digital assets while maintaining a stable value.
The GUSD stablecoin has been fluctuating over the past week and went as low as $0.98.
Binance’s BUSD stablecoin is currently one of the largest in the crypto sector, but there have been concerns about the stability of the asset.
Binance admitted Tuesday to flaws in its system that left its supply of Binance Smart Chain BUSD, undercollateralized by at least $1 billion.
Some time ago, we found a critical vulnerability in Aptos Movevm.
Justin Sun speculated in a tweet that struggling trading firm Alameda might have started the depeg by selling its USDD holdings.
Nansen's research team dives into the UST de-peg, using on-chain evidence to dispel the myth of a single malicious attacker on Terra.
Both Terra USD (UST) and LUNA have seen a real plunge in price and market cap since the massive sell-off that began in the Terra ecosystem.
Terra USD (UST) and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs began in the ecosystem.