VALUE

Crypto lender Celsius under pressure

Cryptocurrency lender and deposit-taker Celsius Network is under increasing pressure after this month’s rout in stablecoins. As at 06.00 GMT on 27 May, Celsius’s native token $CEL was trading at […]

Did Terra operators bail out crypto whales?

The operators of the collapsed Terra stablecoin ($UST) last week allowed selected holders of the dollar token to cash out at close to 100 cents in the dollar, using cryptocurrency […]

Third-largest stablecoin loses its dollar peg

Terra, the third-largest stablecoin by market size, is trading at a discount to its dollar peg after heavy investor selling that threatens broader contagion effects. With a market capitalisation of […]