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Category usual

Usual Protocol pauses contract after USD0 exploit

Usual Protocol pauses contract after USD0 exploit

Usual Protocol noted an arbitrage exploit, which swapped between USD0++ and USD0 on a 1:1 basis. The hacker later realized gains through Uniswap V3...
USD0++ loses 1:1 USD peg, panic reigns 

USD0++ loses 1:1 USD peg, panic reigns 

On January 9, the stablecoin issued by Usual, USD0++, suddenly lost its 1:1 peg to the USD to around $0.937, with one USD0++ token now only redeema...
Usual Protocol threatened by USD0 loss of stability

Usual Protocol threatened by USD0 loss of stability

Usual Protocol (USUAL) warned the recent de-peg of USD0 was not related to its protocol, but was due to slippage from a single whale trader.
Vivek Ramaswamy, co-leader of the US government’s D.O.G.E. X account, hacked to promote a stablecoin

Vivek Ramaswamy, co-leader of the US government’s D.O.G.E. X account, hacked to promote a stablecoin

Vivek Ramaswamy’s X account, the co-leader of the US government’s Department of Government Efficiency (D.O.G.E.), was reportedly hacked. The breach...