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Cryptorank

Category USDe

$2B Ethena USDe depeg exposes cracks in crypto’s ‘synthetic dollar’ system

$2B Ethena USDe depeg exposes cracks in crypto’s ‘synthetic dollar’ system

Ethena’s synthetic dollar, USDe, shed over $2 billion in market capitalization after briefly losing its dollar peg on Binance. The flash event expo...
Most Coordinated Attack In Crypto History? What Led To $19 Billion In Losses As Bitcoin Price Crashed

Most Coordinated Attack In Crypto History? What Led To $19 Billion In Losses As Bitcoin Price Crashed

The biggest crypto market crash came and went over the weekend, but the effects still linger on. Bitcoin, Ethereum, and nearly every major digital ...
Global stablecoin supply hits $301.5B record as Binance reserves reaches new peak levels

Global stablecoin supply hits $301.5B record as Binance reserves reaches new peak levels

The global stablecoin market has reached a new milestone, with total supply climbing to $301.5 billion, according to recent data. Binance has becom...
No, Ethena's USDe Didn't De-peg

No, Ethena's USDe Didn't De-peg

The supposed de-pegging was only limited to Binance while deviations were much more restrained on other major liquid avenues like Curve.
Ethena’s USDe loses peg as investors question confidence in synthetic dollars

Ethena’s USDe loses peg as investors question confidence in synthetic dollars

Ethena’s synthetic dollar fell off its peg Friday after crashing to $0.65 on Binance, wiping out investor confidence in what was marketed as a stab...