2022-5-10 23:35 |
Deposits on the Anchor protocol plunged below $9 billion from $14 billion since Friday after Terra’s stablecoin, UST, struggles to recover to $1. ANC, the protocol’s token fell 35% during the day. origin »
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Luna Foundation Guard (LFG) said on May 9 that it will lend out $1. 5 billion worth of Bitcoin (BTC) and UST to defend the algorithmic stablecoin’s peg to the United States dollar. The post Terra’s LFG to lend OTC traders $1.
2022-5-10 00:30 | |
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Terra, through the Luna Guard Foundation (LFG), has been purchasing bitcoin to use as reserves for its UST stablecoin. This has gone well according to plan and out of the $10 billion worth of bitcoin founder Do Kwon said that the foundation would be buying for its reserves, more than $2.9 billion in BTC has […]
2022-5-9 20:00 | |
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While foundation has not announced the sale, there is no other way to support UST stablecoin
2022-5-9 11:21 | |
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Terra’s commitment to filling up its coffers with Bitcoin has been solidified once more with another $1. 5 billion purchase. This is the fruit of a pledge that the project had made to buy more than $10 billion worth of BTC to serve as a reserve for its stablecoin, UST.
2022-5-7 02:00 | |
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The Luna Foundation Guard (LFG) has bought another $1. 5 billion in bitcoin to boost reserves of Terra's UST stablecoin, with help from hedge fund Three Arrows Capital and crypto broker Genesis Trading.
2022-5-7 15:30 | |
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The Luna Foundation Guard has acquired Bitcoin valued at $1.5 billion in a series of OTC transactions.
2022-5-5 19:40 | |
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The acquisition, totaling roughly $1.5 billion, will be used to further backstop Terra Luna’s algorithmic stablecoin UST.
2022-5-5 19:11 | |
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Tron’s USDD will be more like Terra’s UST, and targets $10 billion in reserves,… The post Tron to launch a decentralized algorithmic stablecoin called USDD appeared first on Coin Journal.
2022-4-24 20:42 | |
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MakerDAO is currently the fourth largest DeFi protocol as per TVL rankings with $14.24 billion in locked value.
2022-4-20 15:02 | |
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Terra’s US dollar-pegged algorithmic cryptocurrency UST is moving up the ladder and now ranks third in terms of overall market capitalization. Today, the fast-growing Terra USD (UST) stablecoin from the Terra ecosystem passed another pivotal point, reaching a market valuation of more over $17 billion.
2022-4-19 10:50 | |
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Terra (LUNA) has been aggressive about filling up its reserves with trusted cryptocurrencies to serve as a backup for its stablecoin UST. This has evolved over time to include a number of various cryptocurrencies that now make up its reserves sitting at $2.
2022-4-18 20:00 | |
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The current aggressive accumulation of Bitcoin by Terra has no doubt been a positive catalyst for the cryptocurrency’s price. So far, through The Luna Foundation Guard (LFG), over $1.7 billion of Bitcoin has been purchased to backstop Terra’s algorithmic UST stablecoin.
2022-4-18 21:42 | |
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Kusama becomes the tenth blockchain to support USDT, which already has more than $80 billion in circulation.
2022-4-13 17:00 | |
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Terra’s founder Do Kwon announced in March that the blockchain network will buy $10 billion worth of Bitcoin as a reserve for its algorithmic stablecoin, UST. The network has bought $1.6 billion worth of the flagship digital asset, so far, and reports have now emerged that it is expanding its reserve for UST to another […] The post Terra expands reserve for UST beyond Bitcoin, buys $100 million Avalanche appeared first on CryptoSlate.
2022-4-8 14:15 | |
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Terra plans to buy and hold up to $10 billion worth of Bitcoin, a…
The post Terra to buy $10 billion worth of Bitcoin to back UST stablecoin appeared first on Coin Journal.
2022-3-30 23:53 | |
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With a plan to buy up $10 billion of bitcoin, Do Kwon’s UST stablecoin project may be fulfilling a prophecy by the late recipient of the first BTC transaction.
2022-3-27 17:50 | |
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Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters.
2022-3-24 17:37 | |
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Market cap of TerraUSD stablecoin has surpassed $15 billion for the first time, zeroing in on Dogecoin
2022-3-17 11:50 | |
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There has been fast growth in the stablecoin economy, with a recent total of $187 billion, which is quite near the $200 billion thresholds. Stablecoins like Terra’s UST and Neutrino Protocol’s USDN are gaining popularity even as Tether remains the most widely used.
2022-3-15 16:32 | |
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According to analytical services, over the weekend, buy and sell operations with cryptocurrencies for Russian national currency exceeded 4 billion rubles. The main demand fell on the stablecoin USDT, as well as bitcoins.
2022-3-12 19:52 | |
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Whales with USDT holdings of $10,000 to $10 million added $1.06 billion worth of Tether to their wallets over the past month, increasing their buying power by 7%.
2022-3-8 14:10 | |
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Stablecoin supply shows significant growth during the year. The market cap of the top stablecoins is roughly $181 billion, over 11% of the total crypto market, which is now at $1,6 trillion after shedding over $140 billion in the past two days over geopolitical concerns.
2022-2-23 02:59 | |
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Second largest stablecoin just smashed through another jaw-dropping milestone
2022-2-2 19:04 | |
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The 50 billion USDC circulating milestone has increased Circle’s share of the stablecoin market to almost 30%.
2022-2-2 07:55 | |
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Stablecoins, digital coins pegged to a traditional currency, grew around 450% to approximately $156 billion in 2021 from 2020. Tether remains the largest stablecoin with a market capitalization of >The post Meta's Diem stablecoin project to be sold off amid regulatory bottlenecks appeared first on AMBCrypto.
2022-1-26 19:30 | |
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With a market cap of more than $170 billion, stablecoin adoption is exploding.
The post $4B non-profit established to stabilize UST stablecoin appeared first on CryptoSlate.
2022-1-21 15:59 | |
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As predicted by Terra CEO Do Kwon earlier this year, the stablecoin TerraUSD (UST) has reached 10 billion supply before 2021 has been over. “UST marketcap is now $10B, the first decentralized stablecoin to achieve this milestone.
2021-12-28 17:07 | |
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Read U.Today’s latest news digest!
2021-12-27 19:19 | |
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As the market capitalization of Terra’s algorithmic stablecoin that tracks the value of the US dollar topped $8. 5 billion–investors speculate what is driving the adoption and how exactly did UST manage to leave the competition lagging so far behind? While fueling the DeFi market, the decentralized stablecoin sector continues to rapidly grow.
2021-12-11 01:00 | |
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Meanwhile, since Saturday, USDT and USDC’s market cap has grown by about $2 billion. The post Over 4.4 Billion Added in Total Stablecoin Supply in the First Week of December first appeared on BitcoinExchangeGuide.
2021-12-8 22:56 | |
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Stablecoins have thrived in unregulated shadows, with tokens in circulation now worth more than $127 billion. Today, these are widely being used for transactions that resemble traditional financial prThe post Japan's FSA to introduce new legislation on stablecoin issuers in 2022 appeared first on AMBCrypto.
2021-12-7 09:50 | |
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Tron [TRX] is a familiar name in crypto news, whether it's a coin-related update or something to do with founder Justin Sun. Well, sometimes, it's due to both. In fact, Tron's official Twitter accoThe post All about Tron's 'impressive' feat, sees over $19 billion in stablecoin transfer volume appeared first on AMBCrypto.
2021-12-2 22:30 | |
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Shiba Inu, the sensational “dogecoin killer” has been on a tremendous success streak over the past month. The Ryoshi-founded meme coin strode past the $50 billion market cap threshold, ephemerally lounging amongst the top ten global cryptocurrencies on the hill of a tremendous 950% value surge.
2021-11-26 22:21 | |
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As cryptocurrency continues to permeate the everyday lives of the masses, it brings convenience and newly found freedom to places and economies ravaged by mass inflation. Contrastingly, those sitting somewhat comfortably at Capitol Hill seem to have had their feathers ruffled by the ever-growing presence of Decentralised Finance and cryptographic tokens.
2021-11-18 08:10 | |
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Terraform Labs’ algorithmically-governed stablecoin UST meanwhile has reached a market cap of $5.2 billion, up from $2.9 billion early last week thanks to the LUNA supply burn. The post Terraform Labs and CEO Strike Back at SEC’s Subpoena Enforcement Action first appeared on BitcoinExchangeGuide.
2021-11-15 21:37 | |
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Stablecoin supply is back on the rise after staying mostly flat for some time. In the first five months of the year, as the crypto market rallied, the supply of stablecoins increased significantly.
2021-11-13 19:08 | |
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Terra LUNA/USD is a blockchain network that was built through the usage of the Cosmos SDK. It specializes in the creation of stablecoins, and each Terra stablecoin is convertible into the network’s native token known as LUNA.
2021-11-12 14:40 | |
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Tether's holdings and the question of whether its USDT stablecoin is fully backed by dollars is a sore spot for the company. More recently, however, the burning and minting of billions of USDT has agThe post For a chain swap, Tether mints 2 billion USDT - and a whole lot of FUD appeared first on AMBCrypto.
2021-11-6 03:30 | |
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The algorithmically-governed stablecoin platform Terra is proposing to burn 90 million LUNA, worth $4 billion at current prices and about 10% of the total supply, in the community pool to mint UST stablecoin for the network’s insurance protocol Ozone.
2021-10-23 18:17 | |
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As the price of Bitcoin hits a new all-time high of $67,000, the market cap of the largest stablecoin, Tether (USDT), has gone to surpass $70 billion in market cap. The majority of Tether’s 70 billion supply, 51.
2021-10-21 16:04 | |
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Stablecoin issuer Tether is dealing with rising scrutiny from regulatory authorities as they attempt to understand its cash reserves, business framework, and more. Speculations on Tether Tether has released 48 billion USDT — claimed to be valued at $1 each — this year.
2021-10-8 14:00 | |
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Head of data agency CryptoQuant has stated that $1.7 billion in stablecoins have been shifted to crypto exchanges, which could mean a bullish scenario is in the cards
2021-8-27 13:07 | |
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In what appears to be the largest DeFi attack to date, cross-chain protocol Poly Network has been hacked for more than half a billion dollars. “We are sorry to announce that PolyNetwork was attacked on BinanceChain, Ethereum and Polygon,” tweeted the team on Tuesday while sharing the hacker’s address where the assets have been transferred.
2021-8-10 18:02 | |
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Tether Holdings Limited has released an assurance report by Moore Cayman on Monday for the period ending June 30, as per its continued commitment to transparency. As of writing, with a market cap of almost $63 billion, USDT accounts for 57% of the stablecoin market share.
2021-8-10 16:36 | |
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The world’s leading stablecoin issuer, Tether, has minted a fresh one billion USDT tokens on the TRON network. The post Tether Issues Additional 1B USDT on TRON Network appeared first on BeInCrypto.
2021-8-9 09:18 | |
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The dominant stablecoin with 62. 15 billion circulating supply also blasted Bloomberg’s report as “repackaging stale claims” from years ago to “generate clicks,” adding that it is business as usual for the company.
2021-7-26 19:55 | |
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With a market cap of nearly $26. 9 billion, USDC is the second-largest stablecoin capturing 23. 57% of the stablecoin market share, up from 9. 15% a year back. This year alone, USDC in circulation has grown by over 2,600%.
2021-7-21 20:55 | |
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Second U.S. Dollar Tether (USDT) rival joins 11-digit club: BUSD breaks into top 10
2021-7-16 18:41 | |
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US-based cryptocurrency holding Circle plans to go public by the end of 2021 by merging with Concord Acquisition Corp. The combined company is valued at $4.5 billion.
2021-7-13 15:51 | |
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The Czech National Bank (CNB) is considering a 5% Bitcoin allocation, surpassing its gold reserves. If approved, this move could reshape the future of national reserve assets.
High-stakes chances are nothing new to cryptocurrency enthusiasts, and a new competitor has emerged with the ability to completely alter market trends. Analysts see that WallitIQ (WLTQ) is gaining more attention despite Shiba Inu solidifying its place as a notable meme coin.
Rosseti's move into crypto mining could boost Russia's economy by utilizing excess power capacity, despite regional mining restrictions. The post Russian power grid titan eyes Bitcoin mining ventures appeared first on Crypto Briefing.
Shiba Inu, driven by community enthusiasm and viral trends, showcased the power of decentralized online communities. SHIB has been a major player in the meme crypto sector for years, standing out as a strong rival to Dogecoin.
MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains. The post MicroStrategy to redeem $1.05B in convertible notes amid concerns over Bitcoin tax rules appeared first on Crypto Briefing.
KTON, Launching February 2025, Poised to Unleash 18X Growth in TON’s Liquid Staking Market KTON, an institutional-grade liquid staking protocol incubated by TONX, the leading TON-focused venture studio backed by top VC firms from the Asia-Pacific region, is gearing up for its V1 launch in February 2025.
Retail on-chain activity fell 19% as Bitcoin trades above $105K, according to CryptoQuant data, signaling low retail interest. The post Retail on-chain activity drops 19% despite Bitcoin’s strength above $100K appeared first on Crypto Briefing.