Stablecoin

stablecoins-interest-spikes-as-traders-look-to-exit-market
Posted by | May 15, 2023
Stablecoins Interest Spikes As Traders Look To Exit Market

Data shows there has been a large spike in interest around stablecoins recently, a sign that investors of Bitcoin and other assets may be looking to exit. Stablecoins Have Observed...

Continue Reading
jump-trading-faces-lawsuit-over-alleged-$1.3b-profit-from-terrausd
Posted by | May 13, 2023
Jump Trading faces lawsuit over alleged $1.3B profit from TerraUSD

Jump Trading and its CEO, Kanav Kariya, are accused of violating United States regulations and unjust enrichment in the lawsuit. 4095 Total views 24 Total shares A lawsuit filed in an...

Continue Reading
binance-calls-it-quits-in-canada,-blames-new-rules
Posted by | May 12, 2023
Binance calls it quits in Canada, blames new rules

Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators. 4565 Total views 61 Total shares Binance will...

Continue Reading
makerdao-publishes-5-phase-roadmap-featuring-funding-for-open-source-ai-projects
Posted by | May 12, 2023
MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects

MakerDAO, the decentralized autonomous organization (DAO) behind the Dai stablecoin and its related Maker governance token, recently announced a slew of planned updates to its ecosystem, including a heavy focus...

Continue Reading
fiat-backed-stablecoins-could-be-used-to-post-bail-in-new-york-under-proposed-bill
Posted by | May 11, 2023
Fiat-backed stablecoins could be used to post bail in New York under proposed bill

A New York lawmaker has introduced a new bill that proposes to allow certain stablecoins to be accepted as payment for bail. 588 Total views 5 Total shares A New...

Continue Reading
tether-reports-$1,480,000,000-profit-in-q1-alone,-reveals-bitcoin-and-gold-on-balance-sheet
Posted by | May 10, 2023
Tether Reports $1,480,000,000 Profit In Q1 Alone, Reveals Bitcoin and Gold on Balance Sheet

Stablecoin issuer Tether (USDT) is reporting nearly $1.5 billion in profits during Q1 alone while also revealing new details from its reserves. According to a new attestation report by the...

Continue Reading
deus-finance-loses-$6m-following-stablecoin-hack
Posted by | May 6, 2023
DEUS Finance loses $6M following stablecoin hack

The attacker targeted both the BNB Smart Chain and the Arbitrum network. CoinMarketCap data shows that DEI price dropped 30% following the security incident. 2536 Total views 7 Total shares...

Continue Reading
$22m-of-curve-finance-algo-stablecoin-minted-since-mainnet-launch
Posted by | May 3, 2023
$22M of Curve Finance algo stablecoin minted since mainnet launch

Decentralized finance protocol CurveDAO has successfully launched its algorithmic stablecoin crvUSD on the Ethereum network. 1060 Total views 22 Total shares Own this piece of history Collect this article as...

Continue Reading
digitalization-won’t-displace-commercial-bank-money-any-time-soon:-moody’s
Posted by | May 3, 2023
Digitalization won’t displace commercial bank money any time soon: Moody’s

Even as digitalization increases, the commercial bank’s place in the economy is solid and will be supported by some new forms of money, the credit rating agency said. 994 Total...

Continue Reading
arbitrum-based-altcoin-project-goes-wild-after-earning-sudden-support-from-coinbase
Posted by | May 3, 2023
Arbitrum-Based Altcoin Project Goes Wild After Earning Sudden Support From Coinbase

An Arbitrum (ARB)-based altcoin is rallying after being listed by top US-based crypto exchange Coinbase. In a new announcement, Coinbase says that it will be adding support for Sperax (SPA),...

Continue Reading