A new report from on-chain analytics firm Parsec argues that the recent depegging of Synthetix’s stablecoin sUSD is not the result of bad debt or protocol failure—but a direct consequence of governance upgrade SIP-420. The stablecoin, which is designed to…
Related Posts
Ethereum (ETH) Near Collapse? Key Support Under Pressure After 10% Drop
Ethereum is trading near a key technical level, raising questions about the strength of its current trend. As…
HSBC uses blockchain to revamp outdated London gold market infrastructure
HSBC leverages blockchain technology to digitize gold assets, aiming to modernize the traditional London gold market.
Crypto market gains explained: What’s pushing prices higher today
Bitcoin (BTC) price jumped by 1.4% to $104,000, while Ripple (XRP) rose by 2% to $2.2. Some of…