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CryptoSlate Wrapped Daily: Vitalik deems crypto better than gold; SBF hints at creating FTX-backed stablecoin
The biggest news in the cryptoverse for October 27 includes Vitalik Buterin affirming that crypto is better than gold, FTX planning to create its stablecoin, Bitcoin mining firm Core Scientific on the verge of insolvency, and a user paying just $0. дальше »
2022-10-28 00:26 | |
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Huobi Delists Its HUSD, Will Convert Stablecoin to USDT
Huobi Global will delist the virtual asset HUSD and is planning to convert the assets to USDT. HUSD in Another Headline The native stablecoin of Houbi Global, HUSD, will be delisted and will convert all HUSD holdings to USDT. Earlier… дальше »
2022-10-28 00:00 | |
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Terra Community Burns 25 Billion LUNC Tokens, Will It Reach The Highs?
The Terra Classic LUNC has been putting more effort into resuscitation its new position in the crypto space. Unfortunately, the algorithmic stablecoin Terra and LUNA collapse in May caused a massive loss in the industry. дальше »
2022-10-28 18:17 | |
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A stablecoin that is not stable is an “oxymoron,” says Wemade’s Henry Chang
Henry Chang believes that stablecoins must have a 100% reserve to ensure that user funds are protected. Henry Chang, chief executive officer of South Korea-based blockchain game developer Wemade Co. дальше »
2022-10-27 10:22 | |
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Tether Whales are Returning USDT Recently Dumped; What does this Mean?
Santiment has pointed out another indicator to look out for that could signal a crypto market recovery. Per the data, Tether USDT shark and whale wallets — wallets that hold between $100k and $10 million of the dollar-pegged stablecoin — have been adding back to accumulation ways. дальше »
2022-10-27 00:33 | |
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Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets. дальше »
2022-10-26 10:04 | |
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Binance USD (BUSD) To Spark The Second Great Stablecoin War With USDT — FTX CEO
Stablecoins, which are often referred to as the backbone of the industry, may soon experience a “second great stablecoin war” fought by market leader USD Tether (USDT) and fast-rising Binance USD (BUSD). дальше »
2022-10-26 23:11 | |
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Binance USD Supply Increases Amid Heated Stablecoin Wars
The aim behind stablecoins development was to provide stability over the highly volatile nature of crypto assets. This means that stablecoins hedge your funds against the impact of macroeconomic factors like inflation. дальше »
2022-10-26 21:59 | |
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Flatcoin: The First Crypto Pegged to the Cost of Living
A project aiming to beat inflation is centered around a cost-of-living-linked stablecoin. Is it the answer to raging inflation? The post Flatcoin: The First Crypto Pegged to the Cost of Living appeared first on BeInCrypto. дальше »
2022-10-25 09:59 | |
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NEAR Foundation Announces $40M Protection Fund for Scrapped USN Stablecoin
In an effort to prevent another stablecoin collapse and crypto contagion, the NEAR Foundation is taking measures to support holders of USN. The post NEAR Foundation Announces $40M Protection Fund for Scrapped USN Stablecoin appeared first on BeInCrypto. дальше »
2022-10-25 08:36 | |
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FDIC Chairman Says Regulators Should Oversight Over Stablecoin Issuers
The FDIC expressed his trust in stablecoins as a possible means of payment and urged regulators to better oversee the stablecoins. According to the chair, stablecoins hold characteristics that could bring issues such as money laundry to an end. дальше »
2022-10-21 19:00 | |
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This country is buying more USDC than the rest of the world
Coinbase, the largest crypto exchange in the United States, has published a report which takes a deep dive into the adoption of USD Coin (USDC), the stablecoin issued by Circle. Americans buy 3 timThe post This country is buying more USDC than the rest of the world appeared first on AMBCrypto. дальше »
2022-10-21 17:00 | |
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Tether Will Be Available in 24,000 SmartPay ATMs Across Brazil Beginning November 3
Tether has announced that starting November 3, 2022, and its USDT stablecoin will become available throughout Brazil in more than 24,000 automated teller machines (ATMs) operated by fintech company SmartPay. дальше »
2022-10-21 02:00 | |
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AAVE Discloses New Information Regarding GHO Stablecoin
Aave Companies, the company in charge of the decentralized lending system Aave (AAVE), provided additional information regarding the much anticipated GHO stablecoin. дальше »
2022-10-20 15:30 | |
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LUNC price prediction as USTC stablecoin goes parabolic
LUNC price remained in a consolidation phase on Thursday even as the Terra Classic USD bounced back. Terra Luna Classic was trading at $0. 00025, where it has been in the past few days. This price is about 61% below the highest level in September. дальше »
2022-10-20 13:42 | |
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Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation
Federal Reserve Bank Vice Chair Michael Barr said that banks accepting crypto deposits should be aware of their increased liquidity risks in an October 12 speech published on October 17. The post Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation appeared first on CryptoSlate. дальше »
2022-10-18 16:49 | |
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The latest SNX hype may have a stablecoin connection waiting to be explored
Synthetix [SNX] managed to pull off a solid uptick by more than 10% as of 17 October. This performance meant that it had outperformed many of the top cryptocurrencies during the same period. But canThe post The latest SNX hype may have a stablecoin connection waiting to be explored appeared first on AMBCrypto. дальше »
2022-10-18 14:30 | |
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Creators of Meta’s failed Diem stablecoin now launches Aptos Autumn mainnet
Aptos Labs, the creators of the failed Diem stablecoin project that Meta Platforms Inc (NASDAQ: META) had attempted to launch sometime back, on Monday successfully launched their blockchain mainnet called Aptos Autumn. дальше »
2022-10-18 14:02 | |
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What USDC's diminishing dominance on Ethereum means for the stablecoin
According to a new Messari report, USDC was observed to be losing traction in the stablecoin market. BUSD on the other hand, was witnessing some growth. With new coins entering the stablecoin market aThe post What USDC's diminishing dominance on Ethereum means for the stablecoin appeared first on AMBCrypto. дальше »
2022-10-18 05:30 | |
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USDC trading now available on the Kinesis Exchange
Kinesis, the world's leading gold and silver-based monetary system, has listed the FIAT-based stablecoin, USD Coin (USDC) on the Kinesis Exchange. дальше »
2022-10-18 14:02 | |
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New Zealand Dollar Market Report October 2022
The New Zealand Dollar is the world’s tenth most-traded currency. Techemynt is the issuer of the NZDS, a blockchain-based stablecoin that combines the stability and value of the New Zealand dollar with the intrinsic utility of cryptocurrency to allow arbitrage, remittance, and payments in the global digital asset economy. дальше »
2022-10-17 14:00 | |
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Russia Turns To Stablecoins In Droves As Sanctions Bite Even Harder
Russians have hopped on stablecoins to circumvent Western sanctions to send trading volumes to new highs. The decision by SWIFT to kick out Russian banks from the network plays a role in the spike in stablecoin use. дальше »
2022-10-16 23:58 | |
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Tether Reduces Its Commercial Paper Holdings To Zero
In a tweet on October 13, stablecoin issuers Tether announced that it had reduced its commercial paper holdings to zero to ensure secure and liquid reserves for Tether USD (USDT). “Tether is proud to announce that we have eliminated commercial paper from our reserves,” said Tether in its tweets. дальше »
2022-10-16 23:42 | |
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New Study Reveals Best Stablecoin, Why DAI Took The Crown
Decentralized stablecoin DAI, native to Maker protocol, might become a major leader in the sector over the coming years. The digital asset was the most stable of the stablecoin in a period of 9 months, according to research published by Best Brokers. дальше »
2022-10-15 01:00 | |
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Fed governor Waller says US CBDC would not enhance things the world loves about US fiat
The U.S. and the world benefit from the primacy of the U.S. dollar in the world economy, but it is stablecoin, not a CBDC, that will enhance the fiat’s place, according to Waller. дальше »
2022-10-16 00:00 | |
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Tether reduces commercial paper reserves for USDT to zero
Stablecoin issuer Tether has eliminated commercial papers from its USDT reserve, according to its latest reserve update. The post Tether reduces commercial paper reserves for USDT to zero appeared first on CryptoSlate. дальше »
2022-10-14 14:00 | |
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Tether Cuts Out Commercial Paper Holdings To Foster Trust
The stablecoin issuer Tether (USDT) has made good on its word to cut its exposure to riskier assets like commercial paper. The post Tether Cuts Out Commercial Paper Holdings To Foster Trust appeared first on BeInCrypto. дальше »
2022-10-14 01:41 | |
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Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’
The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead. дальше »
2022-10-14 00:00 | |
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Russia witnesses surge in stablecoin usage post sanctions- Details inside
Russia has witnessed a rise in the usage of stablecoins after the EU and the U.S. imposed sanctions on Russian financial institutions and individuals following the Russian invasion of Ukraine, stated The post Russia witnesses surge in stablecoin usage post sanctions- Details inside appeared first on AMBCrypto. дальше »
2022-10-13 15:30 | |
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