qermit · @qermit
10 followers · 99 posts · Server mastodon.ml

💥✴️
Chainalysis, Stripe, Polygon, Circle вошли в топ-100 самых влиятельных компаний 2023г по версии журнала TIME

#matic #USDC #Крипто

Last updated 1 year ago

nano · @nano
31 followers · 529 posts · Server social.xcess.one
nano · @nano
31 followers · 512 posts · Server social.xcess.one
nano · @nano
31 followers · 495 posts · Server social.xcess.one
arfonzo · @arfonzo
209 followers · 851 posts · Server bitfudge.com

In today's , -based lending protocol has been flash loan attacked in a $2m hack, by manipulating the (staked ) prices and liquidating for & .

This is why small cap assets should never be co-mingled on borrow/lending platforms. They also ran their own price oracle rather than using . :oof:

decrypt.co/138262/polygon-lend

#TotallyUnsurprisingNews #Polygon #0vix #aavegotchi #vghst #ghst #USDC #usdt #chainlink

Last updated 2 years ago

nano · @nano
21 followers · 512 posts · Server social.xcess.one
nano · @nano
21 followers · 500 posts · Server social.xcess.one
nano · @nano
21 followers · 508 posts · Server social.xcess.one
nano · @nano
21 followers · 499 posts · Server social.xcess.one
nano · @nano
21 followers · 493 posts · Server social.xcess.one
nano · @nano
21 followers · 486 posts · Server social.xcess.one
nano · @nano
21 followers · 476 posts · Server social.xcess.one
nano · @nano
21 followers · 476 posts · Server social.xcess.one
nano · @nano
21 followers · 501 posts · Server social.xcess.one
Ryad · @Ryad
1 followers · 27 posts · Server mastodon.world

⚠️ depegged 📉

Circle confirms $3.3 billion of the ~$40 billion $USDC reserves are in collapsed Silicon Valley Bank.

#USDC

Last updated 2 years ago

Jens Schendel ⚡️ · @jagottsicher
6 followers · 85 posts · Server nrw.social

Here you can see how stable a like really is. It serves liquidity to, well, basically @coinbase. But only the name promises stability, the rest is just big BS!

#StableCoin #USDC

Last updated 2 years ago

· @mapcuk
40 followers · 655 posts · Server lor.sh

депегнулся @rf

#USDC #crypto

Last updated 2 years ago

· @mapcuk
40 followers · 655 posts · Server lor.sh

депегнулся

#USDC #crypto

Last updated 2 years ago

Falling Knife · @fk
77 followers · 87 posts · Server shitcoin.land

So do I have this straight? Circle’s USDC is in trouble because they put the dollars backing USDC into a bank. And the bank bought US Treasuries with it.

Wasn't that the responsible thing to do?

#bitcoin #USDC #svb

Last updated 2 years ago

arfonzo · @arfonzo
202 followers · 812 posts · Server bitfudge.com

Here's the 5-minute USDC chart.

I'm not hodling much right now, I'm mostly using . However I don't feel that this is going to be a type situation.

Circle is one of the most robust stables out there, and it's been battle-tested many a time. It is fully collateralized.

I do see a lot of people shorting USDC right now though--imagine that, shorting a stablecoin... whatever you decide to do, just don't get for that 2% .

#USDC #dai #UST #rekt #Arbitrage

Last updated 2 years ago