May 28 2021

Crypto crash throws gold-backed stablecoins into the limelight

published by News Desk
in blog CryptoSlate
original entryCrypto crash throws gold-backed stablecoins into the limelight

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The bitcoin crash of the last few days threw the entire crypto into a frenzy as many in a bid to cut losses sold all their crypto assets in a panic and others gnash their teeth online due to unquantifiable losses. A report by Bybt reveals that on May 19 there was over $8.6 billion worth of liquidations. In the wake of the...