Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
During the previous few days, the crypto economic system has been tumultuous as billions have fled the market in the hunt for security. The points...
UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
On Monday, May 9, 2022, the stablecoin terrausd (UST) misplaced its parity with the U.S. greenback and dropped to an all-time low of $0.66 per...
Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application
While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained greater than 180% during the last month, the whole worth locked...