The exchange, founded by Vishal Gupta, former head of markets at Coinbase, and Patrick McCreary, a former software engineer at the Nasdaq-listed crypto exchange, is the flagship product of True ...
Over the month of May 2022, TerraUSD depegged from the U.S. dollar following mass withdrawals from Anchor, a yield-paying lending and borrowing protocol. The token plunged as low as 10 cents on ...
As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller. As the Terra stablecoin becomes depegged from the U ...
Terra depegged from $1 earlier this week and is now trading at around 50 cents, as the algorithmic stablecoin erased more than $5 billion in market value virtually overnight. Stablecoins are meant ...
The UST coin is designed to retain a value of one US dollar at all times but was depegged last week, and fell to just 17 cents. Luna 's value collapsed in one of the most stunning crypto crashes ...