Paul Ugbede Godwin
Paul Ugbede Godwin is a Crypto Analyst at EmageNewsDAO and MEXC.
He holds a B.A degree in History and International Relations.
AUTHOR: Paul Ugbede Godwin
Why do Stablecoins lose PEG?
Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or a basket of assets, typically a...
Will $USDC go the $UST Way?
Although $USDC has since regained its peg to the US dollar, there are justifiable fears that it might end up like collapsed UST especially...
FDIC to Backstop Liquidity Crunches through ‘Bank Funding Term Program’
The Federal Deposit Insurance Corp announced that all depositors, both insured and uninsured, at Silicon Valley Bank and Signature Bank, will be...
Circle’s $3.3 billion Cash Exposure to Silicon Valley Bank Remains
USDC, which is meant to maintain its peg despite market conditions, went downhill. The price of the stablecoin depegged and fell initially to $0.95,...
Meta (WhatsApp, Instagram and Facebook) is Winding Down on NFTs
Meta, parent company of Instagram of WhatsApp and Facebook, has recently announced that it would be ending its work on digital collectibles (NFTs).
In a...