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Resolv Labs Stablecoin USR Depegs to $0.06
Gate News reports that on March 22, according to CoinMarketCap data, USR, a stablecoin issued by Resolv Labs, has depegged to approximately $0.06. Previously affected by a hacker attack, USR once fell to around $0.25, subsequently rebounding to a high of approximately $0.94.
GateNews2m ago
Bitcoin Briefly Falls Below $70,000 Mark During Asian Session as Fed Hawkishness and Macro Uncertainty Weigh on Market Volatility
Bitcoin dipped below $70,000 on March 19th, touching a low of approximately $69,537, reflecting the market's reassessment of the Federal Reserve's interest rate decision and inflation outlook. Although it later rebounded to around $70,180, the $70,000 level remains a key support in the near term. With weakening market sentiment, coupled with energy prices and macro risks, capital is turning more conservative, and Bitcoin may consolidate around the $70,000 level going forward.
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Strategy Bitcoin holdings have a floating loss of 8.8%, approximately $5.08 billion
On March 22nd, Bitcoin's price declined 2.36% to $69,023, with Strategy's Bitcoin position experiencing an unrealized loss of 8.8%, approximately $5.08 billion. Previously, the price had briefly surpassed $76,000, during which the position was temporarily profitable. As of March 15th, Strategy held 761,068 BTC with a total cost basis of approximately $57.61 billion.
GateNews37m ago
Dogecoin Slides Despite Elon Musk Reviving DogeFather Persona
Key Insights
Elon Musk’s DogeFather post sparked attention, yet Dogecoin’s price declined, showing limited market reaction despite strong social media engagement and renewed community discussion.
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Trump Issues 48-Hour Ultimatum to Iran, Bitcoin Drops Below 69,200 on Weekend
On March 22, following Trump's ultimatum to Iran, Bitcoin fell below $69,200, declining 2.2% over 24 hours. Market sentiment impacted mainstream crypto assets broadly, with declines across the board despite the Federal Reserve maintaining interest rates unchanged. War risk has made traders cautious. If Iran fails to restore Strait of Hormuz passage, the conflict could escalate, impacting global energy transportation.
GateNews1h ago
Stablecoin protocol Resolv experiences a minting attack! USR depegs to $0.84
Stablecoin protocol Resolv was attacked due to a minting vulnerability. Attackers successfully minted $50 million USR using approximately $200,000, causing its price to dramatically depeg. It fell to around $0.25 before recovering to $0.84. The Resolv team confirmed the vulnerability and suspended minting and redemption functions, demonstrating that even audited DeFi protocols can still pose risks.
ChainNewsAbmedia2h ago
