EXPLANATIONS OF USDE 'DEPEG' ON BINANCE FOCUS ON COORDINATED ATTACK, ORACLES
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✍️ The USDe synthetic dollar on Binance depegged due to an internal oracle issue, not the underlying collateral, according to Ethena Labs' founder Guy Young.
👉 USDe synthetic dollar depegged on Binance due to internal oracle issue 👉 Price of USDe fell from $1 to $0.65 on Binance during crash 👉 2 billion in USDe redeemed during 24 hours across crypto exchanges 👉 Market crash triggered biggest 24-hour liquidation event in crypto history 👉 20 billion in open leveraged positions wiped away
-- #GuyYoung #ElonTrades #KrisMarszalek #DonaldTrump #Binance #Curve #Fluid #Uniswap #Crypto.com #technology
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