Upbit Announcement: The Waves ecosystem stablecoin USDN has depegged, and WAVES has been marked as a risky asset

2022-12-08 18:37:07
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ChainCatcher news, the South Korean cryptocurrency exchange Upbit announced that WAVES (Waves) has been marked as an "Investment Warning" by the Digital Asset Exchange Association (DAXA).

Due to the de-pegging of the Waves ecosystem stablecoin Neutrino USD (USDN), its collateral WAVES has been marked as an "Investment Warning," indicating a risky asset. According to CoinGecko data, Neutrino USD (USDN) is currently priced at $0.85, with a 24-hour decline of 3.3%. WAVES (Waves) is currently priced at $2.16, with a 24-hour decline of 7.4%. (Source link)

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