2018-12-14 12:41 |
Basis, a much-criticized stablecoin that wanted to use an algorithm to keep a dollar-pegged value, has shut down its operation, citing pressure from US regulators.
Similar to Notcoin - Blum - Airdrops In 2024
2018-12-14 12:41 |
Basis, a much-criticized stablecoin that wanted to use an algorithm to keep a dollar-pegged value, has shut down its operation, citing pressure from US regulators.
Similar to Notcoin - Blum - Airdrops In 2024
The United States-based stablecoin project Basis has officially confirmed that it will close operations and refund investors in comments to Bloomberg. The Basis’ CEO Nader Al-Naji said that the decision to close the project was made due to regulatory concerns over a type of token in Basis’ — as well as other algorithmic stablecoins’ — […]
2018-12-14 11:09 | |
Basis, one of the most well-known stablecoin projects, is shutting down and returning the majority of capital raised to investors, the Block reported citing multiple sources with direct knowledge. The company, which raised $133 million in funding, faced with regulators as it attempted to get its algorithmic stablecoin off the ground. As a result, Basis […]
2018-12-13 11:38 | |
Published a month before a report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate bitcoin's price, another academic study has come to light that challenges this theory.
2018-9-25 20:35 | |
Following an earlier report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate the bitcoin price, a new report has emerged debunking this theory.
2018-9-24 20:35 | |
There were hopes of the crypto market bottoming out after weekend’s injection of bull pressure. Then we saw liquid coins registering double digit gains but that seems to be fading out if we refer to current prices.
2018-7-2 20:01 | |
In the previous BTC-USD market analysis, we discussed a macro pattern forming, called a “symmetrical triangle. ” A symmetrical triangle (shown in red) is a directionally agnostic consolidation pattern.
2018-6-13 00:05 | |