Tag: Peg

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Magic Internet Money Falls 50% Below Peg as Abracadabra Declares Emergency

Abracadabra.money declared emergency measures after its MIM stablecoin fell roughly 50% below its $1 peg, triggering interest rate hikes across all Cauldrons, a halt...

BTC above $63,000 as some peg SpaceX’s IPO as ‘next catalyst’

For all the focus on bitcoin's order flow, the event that decides the next move might just be sitting in equities.Major market-maker Wintermute said...

apxUSD Loses Dollar Peg as Bitcoin Slide Squeezes STRC-Backed Collateral

Apyx Finance's apxUSD stablecoin slipped to $0.94 after Bitcoin fell to $63K, the first concrete peg break in the chain linking Strategy's BTC treasury...

World Liberty Financial Claims Coordinated Attack on USD1 as Stablecoin Briefly Slips From $1 Peg

World Liberty Financial said its USD1 stablecoin was targeted in a coordinated attack that included hacked cofounder accounts, paid influencer campaigns, and aggressive short...