What are liquid staking tokens? stETH and the depeg risk, explained
Staking locks your crypto and earns yield. Liquid staking hands you a tradeable receipt for that locked position, so the same capital can earn twice....
Tag : depeg
Abracadabra takes emergency action as MIM stablecoin depeg worsens
Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. ...
Stablecoin depeg fears push New York and EU regulators closer
New York’s financial regulator has formed a stablecoin supervision agreement with the European Banking Authority as regulators on both sides of the Atlantic tighten cooperation...
StablR depeg shock hits EURR and USDR after $2.8M exploit warning
StablR’s euro and dollar stablecoins lost their pegs after a suspected private key compromise allowed an attacker to take control of minting permissions and extract...
Euro and USD stablecoins depeg amid ongoing $2.8M StablR exploit
An ongoing exploit is impacting StablR, resulting in the depeg of its Euro and USD stablecoins, while a compromised private key has been blamed, adding...