Dai

Stablecoin Depeg Explained: Why Pegs Break and Recover

One week you’re parking funds in a dollar stablecoin without a second thought. The next, a chart goes vertical the wrong way and a supposedly steady $1 starts blinking 0.97, 0.92, 0.41. We saw that movie again in July. On July 22, the algorithmic Balance Coin (BLC) cratered roughly 99.75% after a reported BTCB oracle manipulation tied to the 42DAO exploit, with about $912k–$915k drained, according to security firms cited by TechTimes (reporting SlowMist / PeckShield findin...

Is Ethereum Readying for Bullish Takeoff? Mysterious Whale Spends $50.04M DAI to Buy 25,425 ETH

Whale clients are showing renewed appetite for Ether, a development that could benefit crypto customers looking to leverage market trends for returns.

163% Ethereum Volume Jump: Three New Whales Scoop 25,425 ETH

The post 163% Ethereum Volume Jump: Three New Whales Scoop 25,425 ETH appeared on BitcoinEthereumNews.com. Ethereum’s recovery is a question of time Downtrend might end In just two hours, an enigmatic Ethereum whale has surfaced on the network and acquired over 25,400 ETH. On-chain data shows that three recently established wallets, which are generally thought to be part of the same organization, spent 50.04 million DAI to buy 25,425 ETH at an average entry price of...

Samsung Wallet Prepares to Add Stablecoin Support in a Major Digital Payments Push

TL;DR Samsung will announce stablecoin support in its wallet, becoming one of the first mobile brands to integrate native digital assets. Product manager Lee Dinham confirmed the plan during Galaxy Unpacked, defining the wallet as an ecosystem of payments, rewards, and digital value. The company did not reveal which stablecoins it will support, nor launch dates nor the partners involved in the planned integration. Samsung announced during its annual Galaxy Unpacked pres...