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Out of 132 Stablecoins, Only 50 are Currently Pegged

Out Of 132 Stablecoins, Only 50 Are Currently Pegged

Key Takeaways: Significant cryptocurrency volatility has affected stablecoins, traditionally seen as the market’s safe havens, with investors withdrawing funds and several losing their peg to their underlying assets. Another point to think about when considering the stability of a stablecoin…

Tether faced DDOS Attack on its Website

Tether Faced A Ddos Attack

Key Takeaways Under the influence of attack, tether.io witnessed 8M reqs/5min compared to its usual 2k reqs The attack is currently mitigated, informed Tether’s CTO. Tether’s CTO Paolo Ardoino confirmed the leading cryptocurrency, Tether, has come under a DDOS attack.…