2023-4-2 16:01 |
Fiat stablecoins are too deeply rooted in exchanges for algorithmic stablecoins to rise, according to some experts.
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Cardano network’s founder Charles Hoskinson has expressed support for algorithmic stablecoins in the long run, noting that they are necessary to realize the original vision of Satoshi Nakamoto for Bitcoin fully.
2023-3-13 20:07 | |
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Cardano founder Charles Hoskinson believes that algorithmic stablecoins would help to achieve Satoshi Nakamoto's vision for Bitcoin. The post Cardano Founder Hoskinson: Algorithmic Stablecoins Can Help Realize ‘Bitcoin’s Vision’ appeared first on BeInCrypto.
2023-3-12 20:40 | |
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This comes in wake of embattled Silvergate and Silicon Valley Bank (SVB) buzz
2023-3-11 15:08 | |
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The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
2023-3-7 21:45 | |
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Due to the potential of stablecoins in managing inflation, the algorithmic dollar-pegged digital assets have come under solid regulatory focus.
2023-2-2 18:07 | |
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The Hong Kong Monetary Authority has concluded its discussion paper on crypto-assets and stablecoins. The regulator has clarified that Hong Kong will not permit algorithmic stablecoins. ThThe post Stablecoins face uncertain future in Hong Kong as new regulation reveals... appeared first on AMBCrypto.
2023-1-31 19:00 | |
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Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said.
2023-1-31 13:14 | |
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Recent research published by CryptoCompare reveals that the market share of algorithmic stablecoins is now at 1.71%.
2023-1-26 18:19 | |
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Crypto needs to move on from the LUNA crash and start trusting algorithmic stablecoins again.
2022-12-18 22:56 | |
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2022-12-5 18:08 | |
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As Cardano (ADA) strengthens its position in stablecoin segment, Charles Hoskinson explains why algorithmic stablecoins matter
2022-12-4 18:44 | |
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A finalized text of the Markets in Crypto Assets (MiCA) legislation now seeks to bring Non Fungible Tokens (NFTs) and algorithmic stablecoins under its regulatory purview. According to a bill draft dated September 20, EU authorities have been urged to take a “substance over form” approach to the law, suggesting that NFTs such as BAYC’s […]
2022-9-23 21:29 | |
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A piece of proposed legislation in the House of Representatives would put a two-year moratorium on creating algorithmic stablecoins. According to Bloomberg's latest version of the legislation, it woulThe post LUNA, LUNC investors may experience some distress due to this update appeared first on AMBCrypto.
2022-9-22 06:30 | |
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A recent Bloomberg report stated that upcoming legislation would ban algorithmic stablecoins such as TerraUSD that collapsed in May this year leading to a global crypto crash. The said bill is currThe post United States: Will this new bill ban Terra-like stablecoins for 2 years appeared first on AMBCrypto.
2022-9-21 21:00 | |
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The House of Representatives Financial Services Committee has proposed a bill that would put a two-year ban on algorithmic stablecoins such as TerraUSD Classic (USTC), which collapsed dramatically — making the entire ordeal one of the single-biggest capital destructive events in the history of crypto.
2022-9-22 17:40 | |
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New algorithmic stablecoins like TerraUSD Classic (USTC), which depegged from the U.S. dollar early this year and propagated infection over the cryptocurrency world, might be prohibited for two years under a pending bill within the United States House of Reps.…
2022-9-21 03:10 | |
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CryptoSlate’s Akiba spoke with Waves founder Sasha Ivanov to talk about USDN, Waves, Terra contagion, and algorithmic stablecoins in general. The post Behind Waves USDN depeg and how Sasha Ivanov worked to restore the peg by taking on $500M in debt appeared first on CryptoSlate.
2022-8-26 02:15 | |
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IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further sell-offs.
2022-7-28 05:09 | |
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Changpeng Zhao, founder and CEO of Binance, makes a prediction about crypto amid a market in turmoil and regulation on the horizon in an interview with CNBC’s Squawk Box. The future of stablecoins When asked if he thought the future of algorithmic stablecoins was now dead, Changpeng Zhao said: I don’t think so.
2022-6-17 18:30 | |
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Background In May 2022, UST and LUNA, which once recorded a total market cap of over $40 billion, collapsed overnight, and plenty of users suffered huge losses as a result. Following the crash, algorithmic stablecoins have once again become a popular crypto topic.
2022-6-13 15:53 | |
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The main problem that led to the fall of Terra was that the reserves appeared to be overcollateralized, but in reality, they weren’t.
2022-6-12 08:17 | |
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In early May, the collapse of the Terra-LUNA ecosystem brought a wave of distrust for algorithmic stablecoins in general. The post TRON’s claims of USDD over-collateralization may have hidden worms appeared first on CryptoSlate.
2022-6-7 02:40 | |
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The collapse of the Terra (LUNA) ecosystem continues to ripple across the crypto industry. This cryptocurrency and its algorithmic stablecoin UST lost over 99% of its value in less than a week, leaving investors with billions in losses.
2022-6-4 21:00 | |
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Tether (USDT) co-founder Reeve Collins believes the collapse of TerraUSD (UST) — since renamed TerraClassicUSD (USTC) — might be the catalyst that triggers the downfall of other algorithmic stablecoins, CNBC reported.
2022-6-3 20:30 | |
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Terra’s UST stablecoin crashed a few weeks ago, and some experts say the event… The post UST collapse will be the end of most algorithmic stablecoins, says Reeve Collins appeared first on CoinJournal.
2022-6-3 17:07 | |
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China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse of Terra’s algorithmic stablecoin.
2022-6-1 09:00 | |
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Stablecoins are having the roughest patch in their entire existence with investors viewing the asset class with skepticism. Amid the uproar, Vitalik Buterin has proffered two thought experiments to help investors gauge the risks associated with algorithmic stablecoins.
2022-5-28 21:58 | |
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Ethereum's Vitalik Buterin has offered two thought experiments on how to establish whether an algorithmic (algo) stablecoin is feasible in the long term. On 25 May, Buterin remarked that increased exaThe post Here's Ethereum co-founder's take on algorithmic stablecoins appeared first on AMBCrypto.
2022-5-28 22:30 | |
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Ethereum founder Vitalik Buterin has been in a contemplative mood recently. The post Ethereum founder Vitalik Buterin sees potential for algorithmic stablecoins appeared first on CryptoSlate.
2022-5-28 20:00 | |
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Vitalik Buterin has shared his thoughts on algorithmic stablecoins in a blog post, arguing that protocols should strive for resiliency above all else. Withstanding Extreme Market Conditions Creator and co-founder...
2022-5-26 21:17 | |
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DeFi proponents continue to champion algorithmic stablecoins, despite Terra’s recent collapse and general apprehension around stablecoins. The post DeFi Evangelists Still Bullish, Despite Terra Meltdown appeared first on BeInCrypto.
2022-5-23 03:00 | |
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The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.”
2022-5-21 16:07 | |
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DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST.
2022-5-21 14:56 | |
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After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed.
2022-5-19 23:00 | |
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Following the decimation of Terra’s UST and a temporal depegging of Tether’s USDT, Deus Finance (DEI) is the latest to suffer the same fate. The meltdown of the stablecoins Currently valued atThe post Depegging debacle: Is DEI, hybrid algorithmic stablecoin, following UST's footsteps appeared first on AMBCrypto.
2022-5-17 20:30 | |
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Another algorithmic stablecoin from Deus Finance, DEI, fell to as low as 54 cents on Monday, continuing what has been a tumultuous week for stablecoins. The post Another algorithmic stablecoin, DEI, loses peg appeared first on CryptoSlate.
2022-5-17 08:00 | |
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DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.
2022-5-16 15:18 | |
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The downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins.
2022-5-14 19:05 | |
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It comes after Binance CEO Changpeng Zhao issued a stark warning to respect the market, with a level of caution. Binance Delists COIN-Margined LUNA Perpetuals Binance is taking further steps...
2022-5-12 16:57 | |
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Terra’s UST, since its launch, has been the center of much attention as the crypto world remains divided on the feasibility of the initiative. With recent crypto price volatility and the stablecoin losing its peg to the dollar again, The Block’s Research Vice President Larry Cermak urged Terra to collateralize the stablecoin as he fears […]
2022-5-11 15:02 | |
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After recently announcing support for Avalanche (AVAX/USD), SubQuery continues to fulfill its promise of extensive multi-chain support. The protocol announced it has become the first indexing protocol to support Terra (LUNA/USD), a blockchain protocol that deploys a suite of algorithmic decentralized stablecoins, Invezz learned from a press release.
2022-5-10 12:00 | |
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A wise man once said “Algorithmic stablecoins are fast becoming the norm – protocol-issued dollars coming to every blockchain.” Like a self-fulfilling prophecy, two days ago, Tron launched itThe post Tron's foray into algorithmic stablecoins has had this effect on TRX appeared first on AMBCrypto.
2022-5-8 01:30 | |
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Cardano and IOST have revealed that they will be taking a cue from Terra by launching algorithmic stablecoins backed by cryptocurrencies.
2022-5-8 01:10 | |
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Blindex, the multi-currency stablecoin DeFi platform, have announced the launch of two new algorithmic… The post Blindex Interview: Two new algorithmic stablecoins hit the market appeared first on Coin Journal.
2022-5-5 00:34 | |
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Blindex, a multi-currency fractional algorithmic stablecoin protocol is elated to announce the launch of its two algorithmic stablecoins, $bGBP and $bXAU, becoming the latest protocol to integrate the Rootstock (RSK) ecosystem.
2022-4-25 19:34 | |
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Are algorithmic stablecoins trying to clone the intrinsic qualities of fiat money or dollar; like security? The recent craze over algorithmic stablecoins has stirred mixed reactions from the crypto community.
2022-4-25 14:05 | |
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The recent increase in the popularity of the so-called “algorithmic stablecoins” has caused an uproar within the crypto community, resulting in serious debates around their utility for the crypto market.
2022-4-24 05:30 | |
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The Terra community continues making efforts to emerge as a leader in decentralized finance (DeFi). The network has announced the launch of “4pool” to support the growth and adoption of UST and the FRAX algorithmic stablecoin.
2022-4-11 12:15 | |
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Terra (LUNA) is storming higher towards market supremacy in the realm of stablecoins, as investors tend to believe that its algorithmic stability mechanism is long-term feasible. Its crypto-reserve provides investors with a greater margin of safety, which is always a positive indication.
2022-3-3 14:12 | |
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Terraform Labs founder Do Kwon’s criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.
The Terra Classic community is voting on a proposal to reduce users’ network costs. The codebase currently deploys forked versions, which increases total maintenance costs and missed upstream improvements.
Do Kwon’s extradition chapter may be finalized as soon as Sunday, Oct. 19, according to local Montenegrin media. The government of Montenegro has reportedly decided where to extradite Terraform Labs co-founder and crypto fugitive Do Kwon, Minister of Justice Bojan…
Amid Terraform Labs’ ongoing unwind and the extradition battle involving its founder Do Kwon, a wallet linked to both entities moved $62.8 million worth of Bitcoin. According to data from Arkham, an address associated with the beleaguered blockchain firm Terraform…
Infamous blockchain protocol Terra has recently been allegedly exploited due to a vulnerability that was revealed months ago. According to a Cyvers Alerts post on X today, July 31, hackers have stolen 60 million ASTRO, 3.5 million USDC, 500,000 USDT…
Bitbot, a new entrant in the crypto trading landscape, has completed its presale, positioning itself to leverage advanced AI and security features. The Bitbot token (BITBOT) presents a unique investment opportunity, aiming to revolutionise how traders interact with the market.