Tag: Peg

USDN loses peg again as Neutrino upgrade to “stabilize protocol” goes live

Neutrino $USDN lost its peg for the first time since June 16 as it was updated to implement upgrades to the protocol. Confirmation of the upgrade was announced at 4 pm BST Thursday,...

Luna Foundation Guard Steps Up to Protect UST’s Bitcoin Peg

The Luna Foundation Guard has once again come forward announcing some key measures to safeguard the Bitcoin peg for its native UST stablecoin. Last weekend turned out to be a major nightmare for Terra...

TerraUSD dollar peg rocked by weekend dump, LUNA drops 20%

A seemingly coordinated attack on the Terra ecosystem occurred this weekend, May 7th, as hundreds of millions of dollars worth of UST was dumped on Curve Finance. This happened in tandem with an...

Venezuela Will Peg Minimal Wage to Nation’s Cryptocurrency

Key Takeaways Venezuela's president introduced a serious minimal wage enhance yesterday to a crowd of 10,000. The wages could be pegged to a half of a Petro, a cryptocurrency that launched in 2018, backed by...

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