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CoinShares lost $21M due to Terra LUNA’s implosion, CEO says
DeFi exposure related to Terra’s stablecoin UST saw CoinShares, Europe’s largest digital asset firm… The post CoinShares lost $21M due to Terra LUNA’s implosion, CEO says appeared first on CoinJournal. дальше »
2022-6-1 23:54 | |
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UK proposes legislation amendments to regulate stablecoin issuers
The collapse of TerraUSD (UST) and its sister token Luna Classic (LUNC) has created an urgency for governments across the globe to reign in the crypto market. The post UK proposes legislation amendments to regulate stablecoin issuers appeared first on CryptoSlate. дальше »
2022-6-1 23:20 | |
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Terra Classic (LUNC) vs. Luna 2.0 (LUNA)
A few weeks ago, Terra (UST-USD), the third-largest stablecoin in the crypto market, was delisted from the US dollar and crashed along with its reserve asset, Luna (LUNA1-USD). This is after experiencing a massive sell-off of over 99% of its value, resulting in Investors losing all their funds and life savings as in the case […] The post Terra Classic (LUNC) vs. Luna 2.0 (LUNA) appeared first on NullTX. дальше »
2022-6-1 23:09 | |
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UK Treasury Creates New Proposal to Limit Effects of Stablecoin Collapses
Following the fallout of the crash of the algorithmic stablecoin Terra this month, the U.K. Treasury tables a new insolvency regime designed to protect consumers' assets. The post UK Treasury Creates New Proposal to Limit Effects of Stablecoin Collapses appeared first on BeInCrypto. дальше »
2022-6-1 21:00 | |
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UK government proposes additional safeguards against stablecoin failure risks
The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return of customer funds in the event of a stablecoin collapse. дальше »
2022-6-1 18:21 | |
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Основатель Terra До Квон скорее всего работает над очередным стейблкоином
Форк-версия оригинального блокчейна Terra может получить очередной стейблкоин. Об этом у себя в Твиттере сообщил инсайдер проекта под ником FatMan. A verified insider close to TFL has confirmed that Do Kwon is currently working on design plans for a new decentralized stablecoin that will be built atop Terra 2. дальше »
2022-6-1 16:49 | |
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Circle Says A Central Bank Digital Currency (CBDC) Is Not Needed
In recent times, several central banks have been looking to develop a Central Bank Digital Currency (CBDC) to address the limitations of fiat currencies, especially in cross-border payments. However, Circle, issuers of the USDC stablecoin, have said the development of a CBDC is unnecessary and could produce more harm than benefits. In response to the […] дальше »
2022-5-31 16:17 | |
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LUNA 2.0 Suffers Significant Price Correction Hours After Launch
The recovery plan for Terraform Labs’ stablecoin TerraUSD (UST) and its native token Terra (LUNA) embarked on a bumpy route after the LUNA 2. 0 cryptocurrency suffered a substantial market fall hours after its launch. дальше »
2022-5-31 00:00 | |
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WAVES token has jumped by over 43% after the Waves team announced a ‘Revival plan’
After plunging for two consecutive months following the ongoing recession and recent stablecoin debacle started by the TerraUSD (UST) meltdown that has taken the entire crypto market down with it, the WAVES token has today started showing comeback signs. дальше »
2022-5-31 21:14 | |
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Why TRON Has Seen a 45% Hike in Total Value Locked (TVL)
According to Wu Blockchain, the TRON network has seen a hike in its total value locked (TVL) over the past 30-days. This increase seems to be related to the launch of this network’s native algorithmic stablecoin USDD. дальше »
2022-5-31 21:00 | |
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Terra (LUNA) Staff Under Scrutiny, South Korea Launches Full Scale Investigation
Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, LUNA and its native stablecoin UST lost over 90% of their value and left investors with massive losses. дальше »
2022-5-31 21:00 | |
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MoneyGram CEO Confident in USDC Stablecoin for Cross-Border Payments
Established U.S. money-transfer company MoneyGram backs digital assets as the future of remittance. The post MoneyGram CEO Confident in USDC Stablecoin for Cross-Border Payments appeared first on BeInCrypto. дальше »
2022-5-30 19:45 | |
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Vitalik Buterin Reveals How To Identify A UST-Like Algorithmic Stablecoin Following Terra’s Collapse
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. дальше »
2022-5-28 21:58 | |
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Amid stablecoin market 'May-hem', Tether taking new steps to regain lost ground
The largest stablecoin with a market cap of $73 billion, Tether, ether has launched its native USDT on Polygon. The move is expected to help Tether gain ground as the leading stablecoin despite the reThe post Amid stablecoin market 'May-hem', Tether taking new steps to regain lost ground appeared first on AMBCrypto. дальше »
2022-5-28 16:30 | |
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Tether Launches Stablecoin Pegged To The Mexican Peso
Tether Operations Limited, creator of the largest stablecoin by market cap Tether (USDT) has launched a stablecoin that is pegged to the Mexican Peso. According to a Thursday, May 26 announcement, the firm stated that its new stablecoin would be known as “Tether tokens” and will be pegged 1:1 to the Mexican Peso. The stablecoin […] дальше »
2022-5-28 23:40 | |
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Here's Ethereum co-founder's take on algorithmic stablecoins
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. дальше »
2022-5-28 22:30 | |
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Waves announces 4-step Master Plan to ‘save’ its DeFi ecosystem
Waves, a proof-of-stake blockchain platform for decentralized applications, has announced measures it says will help address the recent upheaval that rocked its DeFi ecosystem. Specifically, the “Master Plan”, as the four-step measures are called, is aimed at ensuring the ecosystem’s algorithmic stablecoin Neutrino USD (USDN) restores dollar parity, whose loss led to a massive liquidity […] The post Waves announces 4-step Master Plan to ‘save’ its DeFi ecosystem appeared first on Invezz. дальше »
2022-5-27 20:59 | |
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How Terra’s collapse will impact future stablecoin regulations
The collapse of algorithmic stablecoin UST created a ripple effect not just in the crypto market but among world regulators as well. дальше »
2022-5-28 18:01 | |
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Terra Luna 2.0 – New Chain Launch Is Around The Corner
Terra Luna is gearing up for its new chain launch, forking the old blockchain into a new chain without the UST stablecoin. Multiple exchanges already announced their support for the new chain, and CoinMarketCap updated Terra Luna to LUNC and added a new tracker for Terra 2. дальше »
2022-5-28 16:50 | |
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Stablecoin Tether launches on Polygon Network
The stablecoin market has been part of the headlines since the second week of May. Post the TerraUSD (UST) massacre; investors felt shaky about the future of stablecoins. Meanwhile, some positive news is coming up from the stablecoin market. дальше »
2022-5-27 16:25 | |
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Buterin Offers Guide on How to Tell if an Algorithmic Stablecoin Is Sustainable
Vitalik Buterin, Ethereum’s co-founder, has shared his opinions on determining if an algorithmic stablecoin is sustainable, listing two requirements that he considers necessary. The post Buterin Offers Guide on How to Tell if an Algorithmic Stablecoin Is Sustainable appeared first on BeInCrypto. дальше »
2022-5-27 15:00 | |
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Stablecoins: Digital Dollars Demystified
This article by Notional Finance provides an up-to-date examination of today's crypto stablecoin sector, and explains the pros and cons of the stabilization methodologies of all the current stablecoin assets. дальше »
2022-5-28 15:00 | |
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Two key takeaways from Nansen’s UST stablecoin depeg report
Blockchain analysis firm Nansen identifies two major takeaways following Terra's UST algorithmic stablecoin collapse.
дальше »2022-5-28 14:04 | |
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ViaBTC Capital
The sudden crash Back in April 2022, Terra was still a public chain with a market cap of $41 billion and plenty of rosy visions. However, in just one month, its native algorithmic stablecoin UST de-pegged from the dollar due to manipulation by big institutions and flawed mechanisms. дальше »
2022-5-27 08:11 | |
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Algorithmic Stablecoin Resiliency More Important Than Growth: Vitalik Buterin
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... дальше »
2022-5-26 21:17 | |
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CoinMarketCap Updates LUNA to Terra Classic in Anticipation of New Chain
After the UST depegging earlier this month, which caused LUNA to drop over 99% in price, the community behind the token passed a revival plan proposal that will fork the old chain, creating a new token and blockchain without the stablecoin. дальше »
2022-5-27 16:47 | |
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Curve Finance To Conclude CRV Token Emissions From TerraUSD Oriented Pools
Curve Finance community members are already voting to terminate CRV releases from all UST liquidity pools. Curve Finance, an innovative crypto project, announced on Thursday morning that it would end all connections with the UST stablecoin. дальше »
2022-5-26 13:00 | |
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Jarvis Network Partners With $NZDS Issuers Techemynt - Offers More Efficient Capital Markets
Jarvis Network has partnered with New Zealand Dollar stablecoin ($NZDS) issuers Techemynt to offer more efficient capital markets, generate yield-bearing opportunities and cross-border payments. дальше »
2022-5-26 05:00 | |
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Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund
Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors. дальше »
2022-5-26 00:00 | |
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Ties with LUNA plunged AVAX into a $60m loss- Decoding the mystery
It is no longer news that investors in Terra’s LUNA have been counting their losses since the collapse of the token following the depegging of the UST Stablecoin. Speaking on its own woes, the foundThe post Ties with LUNA plunged AVAX into a $60m loss- Decoding the mystery appeared first on AMBCrypto. дальше »
2022-5-26 23:30 | |
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Untethered: Top Stablecoin USDT Dominance Begins To Decline
Data shows the top stablecoin USDT has lost some dominance following the collapse of UST. While other coins like USDC and BUSD have observed rather sharp growth. USDT Has Shed Around $10 Billion Reserves After UST’s Collapse A stablecoin is a token whose value is pegged to another currency or commodity. The most popular such […] дальше »
2022-5-26 22:00 | |
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