2023-7-5 18:37 |
Cardano's stablecoin DJED is facing significant challenges as issues with unminting and depegging emerge due to a decline in its reserve ratio. DJED. origin »
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Cardano-based stablecoin Djed (launched in January 2023) is causing issues associated with de-pegging. Moreover, users are encountering token un-minting challenges. Djed has de-pegged on all Cardano decentralized exchanges (DEXs) as its reserve ratio plunges beneath desired levels.
2023-7-5 13:34 | |
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HyperLiquid, the recently launched layer-1 blockchain and decentralized exchange, could outpace rivals in terms of fee generation in the next year, Syncracy Capital co-founder Ryan Watkins says. The DEX platform for perpetual futures has, in the past few days, attracted…
The National Bank of Cambodia has given commercial banks and payment firms permission to provide crypto-related services, but not for Bitcoin and other unbacked tokens. According to the Phnom Penh Post, the NBC formally declared the decision to allow banks…
In 2024, Latin America has shown surprising growth in the cryptocurrency sector. Colombia, for example, has risen to fifth place in the region of cryptocurrency adoption. However, the region’s diverse legal frameworks have created “grey areas” in the regulation and operation of cryptocurrencies throughout Latin America.
The blockchain developer ecosystem is shifting: fewer developers are entering the space, and experienced developers are dominating the work, Electric Capital’s research report shows. Blockchain developers are key to the crypto industry.
Industry leaders Ivan Soto-Wright, CEO of MoonPay, and Nancy Beaton of Uphold highlight stablecoins as a transformative 'killer use case' for the crypto industry.
Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading.…
BVNK, a stablecoin infrastructure platform founded in 2021, has announced it raised $50 million in its Series B funding round. The platform plans to use the funding to drive the next phase of its business growth, it said in a…