Tag: usdn

Apr 21 2022

The Chopping Block: How to Improve DeFi and Cross-Chain Bridge Security

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. On this episode, Laura Shin, the host of Unchained and author of The Cryptopians, also joined the conversation. Show topics:...

Apr 08 2022

Here’s Why USDN De-Pegged From the Dollar – And Why UST Might Too

Kevin Zhou, co-founder of Galois Capital, discusses a crazy week in the world of algorithmic stablecoins that saw USDN de-peg from the dollar and Terra unveil plans to create a new liquidity pool on Curve to strengthen UST. Show highlights: how USDN and Waves works...

Apr 07 2022

The Chopping Block: Why ‘One Man’s Bug Is Another Man’s Bounty’

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news in the digital asset industry. Show topics: how social engineering was used in the $600 million+ Ronin bridge hack...

Why some people are saying Waves is a ponzi scheme

Algorithmic stablecoin pegged to the US dollar, Neutrino has fallen by 15% from its peg and is now worth around 82 cents instead of a dollar. Neutrino (USDN) is a top ten stablecoin in the market and is backed by Waves token. But the fall in the value of WAVES over the past week means that USDN has also suffered. This has led...

Apr 04 2022

Why Has USDN Dropped 13% in 2 days?

Apr 04 2022 Published at Altcoin Buzz under tags  bitcoin & crypto guide stablecoin usdn

We all know that practically every stablecoin has natural volatility between 0.1 and 0.3 for both sides. Even algorithmic stablecoins has this behavior. However, USDN, Neutrino's stablecoin, has had a behavior that seems to have no correction. Until April 2nd, the price of USDN has been stable, getting between $0.97 to $1.03. But from that...

Neutrino USD (USDN) Depegs From $1 Amid Controversy

The Neutrino USD stablecoin has depegged from its $1 value amid market manipulation controversy. Founder Sasha Ivanov accuses Alameda Research of market manipulation and FUD. Some users are saying that they are unable to withdraw USDC and USDT from Waves’ Vires platform. The Neutrino USD (USDN) has depegged steeply from its $1 price point over the past few days. The algorithmic stablecoin, created...

Apr 15 2021

Waves Protocol Sells ‘Perfection’ Duck NFT for 1 Million USDN

Apr 15 2021 Published at Altcoin Buzz under tags  finance and funding nft swop.fi usdn waves

Another important non-fungible token (NFT) sale in the digital asset space has taken place. This time around, Waves.tech has sold its Duck NFT, dubbed “Perfection,” for $1,000,000 in USDN (Waves Neutrino Stablecoin). According to a press release shared with Altcoin Buzz, the proceeds from the sale will be used for future buybacks of NFT duck packs that will be built by Hunters...

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