The cryptocurrency market experienced a significant downturn following a pricing error on Binance, leading to the depegging of USDollar (USDe) from its intended value. The incident, which triggered […]
Binance Announces Compensation Plan for USDE, BNSOL, and WBETH Depeg Impact
Binance has taken responsibility for the recent market volatility that caused price depegs of USDE, BNSOL, and WBETH. The exchange is committed to compensating affected users via automatic […]
Stablecoin De pegs Again: What’s Behind sUSD’s Latest Fall?
After experiencing a de-pegging event in May 2024, the Synthetix (SNX)-based stablecoin sUSD has once again lost its peg to the dollar. This incident saw sUSD fall below […]
FDUSD De pegs After Justin Sun Alleges Insolvency
The First Digital US-dollar pegged stablecoin (FDUSD) depegged on April 2nd following claims of insolvency from Tron network founder Justin Sun. Sun alleged that the issuer of the […]