The ability of Tether’s USDT stablecoin to maintain its peg to the US dollar has been downgraded to the lowest rating by S&P Global Ratings, which warned that a drop in Bitcoin’s value could leave the stablecoin undercollateralized https://t.co/MSnXnKkuf6 ...

synthetix running 231% collateralization on $41.5m susd when protocol demands 400% minimum. either the dao secretly suspended liquidations or they're calculating collateral with imaginary assets. susd at $0.953 for 24 days straight. protocol that can't enforce its own rules during a 57% snx drawdown won't survive season 2 competition exits december 15th. ...

According to Coinpost, MetaPlanet secured a $100 million loan on October 31 by collateralizing its Bitcoin holdings. The funds will be used to acquire additional Bitcoin, expand its income-generating business, and potentially conduct share buybacks. As of October 31, MetaPlanet held a total of 30,823 BTC.https://t.co/r7zAXLsA9K ...