DEI

Stablecoins No Longer Stable – DEI Loses Its Peg, Falls Below $0.4

Imagine waking up and finding out that you’ve lost over 60% of your supposed savings. Last month, Investors lost more than 99% of their savings in the UST-LUNA collapse, which shook the entire Crypto space. Over $800 million worth of cryptocurrency long positions were liquidated in one day. This is due to the selloff caused...
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