Categories
$0.01165 1.2 billion AUSD Acala Network Asia Australia Bitcoin Blockchain Canada Comeback Crash Crypto DAI Depeg Europe Launch Markets Merge Mining Minting News polkadot Rates Security Spain Stablecoin Stablecoins Trading United States USD parity USDC USDT UST USTC

Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value

2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later. Reports say that the Acala protocol was […]

Categories
$450 Million $570K Asia Australia Binance Binance CEO Bitcoin Blockchain Canada Changpeng Zhao Comeback Crash Crypto Curve Curve fi frontend Curve Finance CZ defi defi exploit DNS Cache poisoning ETH Ethereum Ethereum (ETH) Europe Fixedfloat funds Hack hacker's funds iwantmyname.com Launch Markets Merge Mining Minting News Rates Security Spain Trading United States USDC USDC funds

Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack

Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of the Curve Finance Hack Funds, Domain Provider Says Exploit Was DNS […]

Categories
Asia Australia Bitcoin Blockchain Canada Comeback Crash Crypto Europe Launch MakerDAO Markets Merge Mining Minting News Rates Security Spain Tornado.Cash Trading United States USDC

MakerDAO Should “Seriously Consider Preparing” for DAI Depeg: Founder

The U.S. Treasury Department’s sanctions against Tornado Cash have led MakerDAO founder Rune Christensen to believe that the DAI creator is endangered by its $3.5 billion worth of USDC collateral….