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DWF Labs reveals ‘overcollaterized’ synthetic stablecoin backed by Bitcoin and Ethereum

Prominent crypto market maker DWF Labs has finalized the design of its synthetic stablecoin which would be backed by a mix of digital assets, including Bitcoin and Ethereum. In a Sept. 5 post on X (formerly Twitter), DWF Labs co-founder Andrei Grachev revealed that the synthetic stablecoin would be overcollateralized and backed with fiat stablecoins […] The post DWF Labs reveals ‘overcollaterized’ synthetic stablecoin backed by Bitcoin and Ethereum appeared first on CryptoSlate. дальше »

2024-9-5 18:09


Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief

The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »

2019-2-6 10:15