<h2>The security of the "stable" cryptocurrency issued by Stable Universal with the US dollar was shaken yesterday.</h2><h1></h1>After the spectacular disaster of the Terra project, in which the stablecoin belonging to it almost completely lost its peg, investors around the world began to be more cautious about this type of virtual coins. Time has shown that it did not take long for the next 'stable' cryptocurrency to start following Terry's footsteps. According to data from the CoinMarketCap platform, the HUSD rate has now dropped by as much as 15%!<h2>HUSD lost its peg</h2>Stablecoin, whose premise is that its price should be kept 1: 1 against the US dollar, lost nearly 15% of its value on Thursday. HUSD is an ERC-20 token issued on the Ethereum blockchain by Hong Kong-based Stable Universal. It was presented by this company as a secure "stable" cryptocurrency combining the stability of the US dollar with the efficiency of the technology behind cryptocurrencies, i.e. blockchain.The loss of the peg caused the liquidity of the HUSD on the Curve 3pool (3Crv) curve to decline, and the decentralized exchange warned that the rate of this virtual currency was "too low".Finally, the loss of the link between the aforementioned stablecoin and the dollar happened shortly after the FTX exchange removed it from the basket of 'stable' cryptocurrencies it operated in pairs with the USD.While it is not entirely clear (at least for now) what caused the breakout from the peg, the Huobi Global platform, which participated in the launch of HUSD in 2019, issued a message saying that they are aware of the problems that have arisen.The official statement from this popular cryptocurrency exchange regarding HUSD which was posted on Twitter is as follows "Huobi has always put the security of its clients' assets first. We will work with the issuer of HUSD to find a solution and restore it as soon as possible ''Currently, the price of this stablecoin is around $ 0.9957. Its rate jumped by nearly 8% in the daily range. This cryptocurrency ranks 234 in the CoinMarketCap ranking.

large_istock-1346878118_optimized.jpg

medium_istock-1346878118_optimized.jpg

small_istock-1346878118_optimized.jpg

thumbnail_istock-1346878118_optimized.jpg

istock-1346878118_optimized.jpg

<h2>Безопасность "стабильной" криптовалюты, выпущенной компанией Stable Universal с долларом США, вчера пошатнулась.</h2><h1></h1>После впечатляющей катастрофы проекта Terra, в ходе которой принадлежащий ему stablecoin почти полностью потерял привязку, инвесторы по всему миру стали более осторожно относиться к этому типу виртуальных монет. Время показало, что прошло совсем немного времени, и следующая "стабильная" криптовалюта начала идти по стопам Терры. Согласно данным платформы CoinMarketCap, курс HUSD на сегодняшний день упал на целых 15%!<h2>HUSD потерял привязку</h2>Stablecoin, предпосылка которого заключается в том, что его цена должна держаться в соотношении 1: 1 по отношению к доллару США, потерял почти 15% своей стоимости в четверг. HUSD - это токен ERC-20, выпущенный на блокчейне Ethereum гонконгской компанией Stable Universal. Он был представлен этой компанией как безопасная "стабильная" криптовалюта, сочетающая стабильность доллара США с эффективностью технологии, лежащей в основе криптовалют, то есть блокчейна.Потеря привязки привела к снижению ликвидности HUSD на кривой Curve 3pool (3Crv), а децентрализованная биржа предупредила, что курс этой виртуальной валюты "слишком низок".Наконец, потеря связи между вышеупомянутым стейблкоином и долларом произошла вскоре после того, как биржа FTX удалила его из корзины "стабильных" криптовалют, которыми она оперировала в паре с долларом США.Хотя не совсем ясно (по крайней мере, пока), что стало причиной отрыва от привязки, платформа Huobi Global, которая участвовала в запуске HUSD в 2019 году, выпустила сообщение, в котором говорится, что они в курсе возникших проблем.Официальное заявление от этой популярной криптовалютной биржи относительно HUSD, которое было опубликовано в Twitter, звучит следующим образом "Huobi всегда ставила безопасность активов своих клиентов на первое место. Мы будем работать с эмитентом HUSD, чтобы найти решение и восстановить его как можно скорее".В настоящее время цена этого стейблкоина составляет около $0,9957. Его курс подскочил почти на 8% в дневном диапазоне. В рейтинге CoinMarketCap эта криптовалюта занимает 234 место.

После Terra USD (UST), похоже, намечается следующий обвал стабильных монет. HUSD потерял свою привязку

<h2>Bezpieczeństwo "stabilnej" kryptowaluty emitowanej przez Stable Universal wraz z dolarem amerykańskim zostało wczoraj zachwiane.</h2><h1></h1>Po spektakularnej klęsce projektu Terra, w której należący do niego stablecoin niemal całkowicie stracił swój peg, inwestorzy na całym świecie zaczęli ostrożniej podchodzić do tego typu wirtualnych monet. Czas pokazał, że nie trzeba było długo czekać, by kolejna "stabilna" kryptowaluta zaczęła podążać śladami Terry. Według danych platformy CoinMarketCap, kurs HUSD spadł obecnie aż o 15%!<h2>HUSD stracił swój peg</h2>Stablecoin, którego założeniem jest utrzymywanie kursu 1:1 w stosunku do dolara amerykańskiego, stracił w czwartek blisko 15% swojej wartości. HUSD to token ERC-20 wydany na blockchainie Ethereum przez Stable Universal z siedzibą w Hongkongu. Został on przedstawiony przez tę firmę jako bezpieczna "stabilna" kryptowaluta łącząca stabilność dolara amerykańskiego z wydajnością technologii stojącej za kryptowalutami, czyli blockchain.Utrata peg spowodowała spadek płynności HUSD na krzywej Curve 3pool (3Crv), a zdecentralizowana giełda ostrzegła, że kurs tej wirtualnej waluty jest "zbyt niski".Wreszcie, utrata powiązania między wspomnianym stablecoinem a dolarem nastąpiła wkrótce po tym, jak giełda FTX usunęła go z koszyka "stabilnych" kryptowalut, które obsługiwała w parach z USD.Chociaż nie jest do końca jasne (przynajmniej na razie), co spowodowało zerwanie z pegiem, platforma Huobi Global, która uczestniczyła w uruchomieniu HUSD w 2019 r., wydała komunikat informujący, że jest świadoma powstałych problemów.Oficjalne oświadczenie tej popularnej giełdy kryptowalut dotyczące HUSD, które zostało opublikowane na Twitterze, brzmi następująco: "Huobi zawsze stawiało bezpieczeństwo aktywów swoich klientów na pierwszym miejscu. Będziemy współpracować z emitentem HUSD, aby znaleźć rozwiązanie i przywrócić go tak szybko, jak to możliweObecnie cena tego stablecoina wynosi około 0,9957 USD. Jego kurs skoczył o prawie 8% w dziennym zakresie. Kryptowaluta ta zajmuje 234 miejsce w rankingu CoinMarketCap.

Po Terra USD (UST) zapowiada się kolejny upadek stablecoina. HUSD stracił swój peg

<h2>Die Sicherheit der von Stable Universal mit dem US-Dollar ausgegebenen "stabilen" Kryptowährung wurde gestern erschüttert.</h2><h1></h1>Nach dem spektakulären Desaster des Terra-Projekts, bei dem der dazugehörige Stablecoin fast vollständig seine Bindung verlor, begannen Investoren auf der ganzen Welt, bei dieser Art von virtuellen Münzen vorsichtiger zu werden. Die Zeit hat gezeigt, dass es nicht lange gedauert hat, bis die nächste "stabile" Kryptowährung in die Fußstapfen von Terry getreten ist. Nach Angaben der Plattform CoinMarketCap ist der HUSD-Kurs inzwischen um bis zu 15 % gefallen!<h2>HUSD hat seine Bindung verloren</h2>Stablecoin, dessen Prämisse darin besteht, dass sein Kurs 1: 1 gegenüber dem US-Dollar gehalten werden soll, hat am Donnerstag fast 15 % seines Wertes verloren. HUSD ist ein ERC-20-Token, der auf der Ethereum-Blockchain von Stable Universal mit Sitz in Hongkong ausgegeben wird. Es wurde von diesem Unternehmen als eine sichere "stabile" Kryptowährung vorgestellt, die die Stabilität des US-Dollars mit der Effizienz der Technologie hinter Kryptowährungen, d. h. der Blockchain, verbindet.Der Verlust der Bindung führte zu einem Rückgang der Liquidität des HUSD auf der Kurve 3pool (3Crv), und die dezentrale Börse warnte, dass der Kurs dieser virtuellen Währung "zu niedrig" sei.Der Verlust der Verbindung zwischen dem oben erwähnten Stablecoin und dem Dollar geschah schließlich kurz nachdem die FTX-Börse ihn aus dem Korb der "stabilen" Kryptowährungen entfernt hatte, die sie paarweise mit dem USD betrieb.Während es (zumindest im Moment) nicht ganz klar ist, was den Ausbruch aus der Kopplung verursacht hat, gab die Plattform Huobi Global, die an der Einführung von HUSD im Jahr 2019 beteiligt war, eine Nachricht heraus, die besagt, dass sie sich der aufgetretenen Probleme bewusst sind.Die offizielle Erklärung dieser beliebten Kryptowährungsbörse zu HUSD, die auf Twitter gepostet wurde, lautet wie folgt: "Huobi hat die Sicherheit der Vermögenswerte seiner Kunden immer an die erste Stelle gesetzt. Wir werden mit dem Emittenten von HUSD zusammenarbeiten, um eine Lösung zu finden und es so schnell wie möglich wiederherzustellen.Derzeit liegt der Preis dieses Stablecoins bei 0,9957 $. Sein Kurs sprang um fast 8% im Tagesbereich. Diese Kryptowährung rangiert 234 in der CoinMarketCap-Rangliste.

Nach Terra USD (UST) steht der nächste Stablecoin-Kollaps bevor. HUSD verlor seine Bindung

After Terra USD (UST), the next stablecoin collapse looks set to happen. HUSD lost its peg

<h2>Considerable interest in non-fungible token technology has led to significant changes in the cryptocurrency sector.</h2>The broadly understood NFT market has been sending us subtle signals for some time that it is periodically trying to recover from the impact of the strong bear market that inevitably reached this sector. It is not difficult to quickly come to the conclusion that the prices of top tokens from key collections are still significantly away from the levels of the glory days, which ended around the first quarter of 2022. Despite this pessimistic fact, a certain change in the balance of power in this innovative sphere can be noticed. It is worth adding that so far, the Ethereum blockchain has been the network where non-fungible tokens were traded most frequently. In the end, however, Ethereum had to hand over the leadership position to its long-time competitor, Bitcoin.<h3>NFT trade is booming, but on a different blockchain</h3>Built, among others, by the popular programmer Vitalik Buterin, the Ethereum blockchain has for a long time been associated primarily with the fact that it is the cyberspace where by far the most non-fungible tokens (NFTs) are minted and where the highest trade rate in terms of turnover volume takes place.Recently, however, a revolutionary change took place, which led to BTC taking first place in terms of volume in the last 7 days.<h4>Latest data from the NFT market</h4>The latest data from the platform analyzing turnover volumes in the NFT sector shows that during the week Ethereum decreased by 3.72%, while tokens minted using the Ordinals protocol in the BTC network contributed to an increase by as much as 22.47 %, which led to this network ranking in first place.Finally, it is worth adding that the weekly volume here reached USD 101.3 million. In the case of the Ethereum protocol, it is USD 95.1 million. In third place, without any surprise, was Solana, which recorded a strong jump of 55% over the last week, and the trading volume of non-fungible tokens amounted to USD 66 million.

medium_AdobeStock_258902242.jpg

small_AdobeStock_258902242.jpg

thumbnail_AdobeStock_258902242.jpg

AdobeStock_258902242.jpg

Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

<h2>A financial company draws a positive forecast for one of the largest cryptocurrency projects</h2>The recent BTC price rally has sparked new enthusiasm in the world of digital currencies, and with it, increased interest in other cryptocurrencies. According to the forecasts of a widely recognized asset management company - VanEck - Solana (SOL) has a good chance of achieving noticeably better results than Ethereum (ETH) by 2024.<h3>Can Solana beat Ethereum?</h3>The spectacular increase in value by as much as 212% in just the last 60 days has resulted in Solana's share on the cryptocurrency market significantly increasing. Digital currency analysts also expect Solana's price oracle platform, Pyth, to likely overtake Chainlink in terms of total value secured (TVS) soon. It is worth adding here that despite Chainlink's current market dominance, analysts deeply believe that the innovative system architecture will make Pyth ultimately defeat its most serious rival.It is worth noting that Solana is currently trading at an average price of $73 per coin, and its price has increased by over 11% in just the last 24 hours. Moreover, there was also an additional increase in 24-hour trading volume to levels exceeding even USD 4.1 billion.Financial firm VanEck additionally forecasts that Ethereum will likely not reach a higher market capitalization than Bitcoin (BTC) until 2024. While Ethereum is likely to outperform other major tech stocks, Bitcoin's regulatory transparency and scale of energy efficiency are widely expected to attract interest from state-owned entities in Asia, Latin America, and the Middle East.Despite Ethereum's very decent results, according to the most common forecasts, it will probably lose market share to other smart contract platforms, such as Solana, whose main competitive advantage is that it can boast a much more reliable scalability schedule. Finally, it is impossible not to mention that Argentina is expected to join the countries sponsoring BTC mining at the state level. This would mean that Argentina would follow in the footsteps of countries such as the United Arab Emirates, El Salvador, Bhutan and Oman.

medium_AdobeStock_474607717.jpg

small_AdobeStock_474607717.jpg

thumbnail_AdobeStock_474607717.jpg

AdobeStock_474607717.jpg

Solana will beat Ethereum in some respects by 2024, according to VanEck

<h2>Cryptocurrency investors who expect the sector to decline suffer significant losses.</h2>According to data provided by the popular firm S3 Partners, short-term investors who focus on companies related to the oldest cryptocurrency suffered significant financial losses exceeding $6 billion in total by trying to short BTC in 2023. These losses were caused by a sudden but consistent reversal of the bearish trend on the Bitcoin chart , as well as the oldest cryptocurrency regaining key price levels.<h3>Traders have lost a fortune shorting Bitcoin-related companies</h3>Based on a report published by the analytical company S3 Partners, traders who at the beginning of 2023 adopted a bearish stance towards listed cryptocurrency companies such as Coinbase, Marathon Digital and MicroStrategy recorded losses of $6.05 billion.Due to the long-term increasing value of digital currencies, many investors taking short positions on shares of companies related to the crypto industry have made significant losses.In just the first three quarters of 2023, some short-term investors reduced their exposure to cryptocurrencies as the sector apparently rebounded. However, since Bitcoin's last low of $25.1K in September 2023, there has been a sustained and sharp increase in short selling totaling approximately $697 million as traders dramatically increased their exposure to what they perceived as an "overbought market." .In a sudden turnaround in the stock market, BTC experienced a significant increase in value and reached a new yearly high of over $44,300 on December 5 this year. This unexpected upward rally resulted in approximately $2.65 billion in losses for short-term investors.<h4>Strong increases in the value of BTC-related enterprises</h4>Undoubtedly, this year's increases in share prices of companies such as Coinbase and MicroStrategy may have been a challenge for many traders who were betting on shorting these shares. For the Brian Armstrong-led company, this year's 290% stock rally has resulted in losses estimated at about $3.5 billion for short-term traders. It is worth adding that this currently constitutes more than half of the total losses incurred in this way throughout 2023.Additionally, MicroStrategy's over 300% growth this year contributed to roughly $1.4 billion in losses for cryptocurrency traders. Despite the current strong growth in the market for digital currencies and related companies, some investors still decide to take short positions, most likely hoping that the upward rally will lose momentum at some point.

After Terra USD (UST), the next stablecoin collapse looks set to happen. HUSD lost its peg

The security of the "stable" cryptocurrency issued by Stable Universal with the US dollar was shaken yesterday.

HUSD lost its peg

Recent news articles

Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

Solana will beat Ethereum in some respects by 2024, according to VanEck

Traders shorting Bitcoin are losing billions as the BTC price refuses to fall

After Terra USD (UST), the next stablecoin collapse looks set to happen. HUSD lost its peg

The security of the "stable" cryptocurrency issued by Stable Universal with the US dollar was shaken yesterday.

HUSD lost its peg

Share

Recent news articles

Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

Solana will beat Ethereum in some respects by 2024, according to VanEck

Traders shorting Bitcoin are losing billions as the BTC price refuses to fall