Depeg

First Digital Pursues Legal Action Against Justin Sun for False Claims

The First Digital assured its users that FDUSD continues its 1:1 backing and its redemption channel is operating without any issues. It has completed the first batch of redemption requests and ensures that FDUSD regains its dollar peg. The First Digital proved its robust maintenance of the stablecoin with this

April 3, 2025 2 mins read

What Can We Learn From the Massive ezETH Depeg

The ezETH depegging incident, driven by poor communication and lack of withdrawal mechanisms, highlights crucial lessons in ensuring stability and effective risk management in the DeFi space. The crypto community was shaken when Renzo’s native token, ezETH, diverged significantly from the price of its underlying asset, Ether (ETH), in April

May 29, 2024 6 mins read