2024-3-9 14:43 |
The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks. origin »
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Ethena Labs secures strategic funding, elevating its valuation to $300 million and positioning its USDe stablecoin as a formidable contender to Tether's USDT dominance. The post $300 Million Valuation Secured by New Stablecoin: Will It Dethorne Tether (USDT)? appeared first on BeInCrypto.
2024-2-17 19:00 | |
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DeFiChain-based Jellyverse raises $2 million from private investors to build its ecosystem. The funding was secured in a seed funding round by Jelly Labs AG and Fintonomy LTD. Jellyverse will feature protocols such as a DEX, staking protocol and stablecoin.
2023-12-5 17:02 | |
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Stablecoin firm Tether (USDT) seized digital assets worth $873,118. 34 from 32 addresses linked to warfare and terrorism in Ukraine and Israel. Critics of the crypto industry have frequently raised concerns about its potential use for funding terrorist and malicious operations.
2023-10-16 17:50 | |
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Solana will now be used to settle USDC stablecoin payment for Visa. SOL's weighted funding rate turned positive after the Visa announcement. Solana [SOL] received a significant boost followiThe post Here's how SOL reacted to the Visa-Solana partnership appeared first on AMBCrypto.
2023-9-7 00:30 | |
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Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia.
2023-8-25 01:22 | |
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In a significant development for USD Coin (USDC), Coinbase and Circle, the two companies behind the stablecoin, have reached a new agreement that brings changes to its governance and funding. This move comes at a crucial juncture as USDC faces evolving global regulatory challenges and intensifying competition from other stablecoins, including Tether and the recently […]
2023-8-22 00:17 | |
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Ethena, a blockchain startup for Ethereum-backed stablecoins, has reportedly secured $6 million in a seed funding round. Axios reported on Monday that the startup’s funding round was led by Dragonfly Capital, a leading Web3 venture firm.
2023-7-18 21:18 | |
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DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain.
2023-5-13 21:00 | |
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The startup will launch its testnet and stablecoin this summer.
2023-4-5 18:57 | |
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CNHC Group, the CNHC stablecoin issuer, has raised $10 million in Series A+ funding. KuCoin Ventures, a crypto investment firm, let the round.
2023-3-16 23:50 | |
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Coinspeaker KuCoin Plays Lead Role in Funding Round for Yuan Stablecoin Issuer CNHC Leading exchange KuCoin participated in a $10 million funding exercise for CNHC to support stablecoin adoption.
2023-3-15 16:00 | |
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Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round.
2023-3-16 13:00 | |
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Ardana, a decentralized ecosystem that had been working on a Cardano stablecoin, has halted development because of funding and project timeline uncertainty. The post Cardano Stablecoin Ecosystem Ardana Suddenly Halts Development appeared first on BeInCrypto.
2022-11-24 10:29 | |
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The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
2022-8-23 23:35 | |
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Meson, a cross-chain protocol for stablecoin, has raised a $4 million funding round led by GSRV, a global web3 institutional investor, BAI Capital, Plug and Play, Mirana...
2022-8-20 18:57 | |
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Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and others have invested $2. 9M in Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies.
2022-7-20 18:25 | |
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Bluejay, a multi-currency stablecoin protocol for issuing stablecoins pegged to real-world currencies, has concluded a $2. 9 million funding round. Several venture capitals and DeFi projects took part in the funding round.
2022-7-21 17:00 | |
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Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentine peso, using MakerDAO’s DAI as collateral.
2022-7-19 23:43 | |
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The Luna Foundation Guard (LFG) has been battling to shore up its beleaguered UST stablecoin, which has crashed from its dollar peg yet again. The post Luna Foundation Guard Seeks Funding as UST Crashes From Peg Again appeared first on BeInCrypto.
2022-5-11 08:35 | |
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The funding comes as the dollar-pegged stablecoin dropped as low as $0.60 yesterday amid broader market turmoil.
2022-5-11 23:41 | |
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Stablecoin issuer and renowned crypto firm Circle has secured a $400 million funding round led by several investment managers and other financial companies, notably: BlackRock, Inc., Fidelity, Fin Capital, and… The post BlackRock, Fidelity and Others to Invest $400M in Stablecoin Issuer Circle appeared first on CoinCentral.
2022-4-14 00:20 | |
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USDC stablecoin has landed a $400 million funding round from some high-profile investors of the likes of Blackrock
2022-4-12 17:28 | |
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BlackRock and Fidelity headlined the stablecoin issuer's latest funding round, which follows a $440 million raise from last May.
2022-4-12 15:55 | |
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TiTi protocol, a multi-asset reserve stablecoin based on a decentralized Monopoly Auto Market Maker mechanism has closed its fundraising round that successfully raised $3.5 million. According to the TiTi team, this new funding will be used to work with world-class investors to build the future of decentralized finance (DeFi) through its first use to earn algorithm […]
2022-4-12 23:23 | |
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NEAR's price could extend gains following the launch of a new algorithmic stablecoin USN.
2022-4-9 15:06 | |
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The fresh funding will go towards a new reserve to help strengthen the peg for the UST stablecoin.
2022-2-25 01:19 | |
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British DLT pioneer Millicent has been awarded R&D grant to advance the development of its digital finance network
2022-2-3 18:54 | |
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Terraform Labs (TFL), a team behind the algorithmically-governed stablecoin platform Terra, recently announced the launching of the blockchain’s new funding initiative dubbed Project Dawn. The post Terra (LUNA) kickstarts $150 million ‘Project Dawn’ to bolster cross-chain ecosystem appeared first on CryptoSlate.
2021-9-11 01:00 | |
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Lending and borrowing rates on DeFi stablecoins keep trending up. The rates first started going up in late July when the crypto asset prices bottomed and began their recovery. As crypto-assets started their uptrend, funding rates also gradually increased as traders joined in on the action.
2021-9-7 17:10 | |
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Unbound Finance, a DeFi treasury for liquidity pool tokens, has secured $5. 8 million from various prominent crypto investors including Arrington XRP Capital and Pantera Capital among others. The funding pool is meant to further Unbound’s goal of becoming the first decentralized cross-chain stablecoin.
2021-6-11 19:23 | |
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Mars Ecosystem, a new project aiming to overcome the challenges of decentralized stablecoins, is pleased to confirm it has successfully raised $2 million in seed funding. The round attracted investment from several major blockchain funds, including Continue Capital, Parallel Ventures, Kernel Ventures, and YBB Foundation, among others.
2021-6-10 20:13 | |
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HaloDAO, a decentralized platform for stablecoins, has shared the details of its strategic funding round results
2021-5-21 19:00 | |
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Stablecoin e-commerce creator Terraform Labs recently concluded a $25 million funding round that features Coinbase Ventures, Galaxy Digital, Pantera Capital, and other companies. The Singaporean-based crypto and tech startup has successfully penetrated the South Korean market and wants to expand its operational capacities with the funding.
2021-1-28 23:30 | |
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Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin.
2021-1-12 07:05 | |
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In a blog post this Wednesday, Coinbase Ventures, the investment arm of Coinbase, issued a ‘Request For Startups’ funding pool to pull developers to build USDC-backed projects. According to the statement, Coinbase is celebrating the latest milestone by USDC, a stablecoin built by Center, a collaboration between Coinbase and payments provider, Circle.
2020-9-17 17:30 | |
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Controversial stablecoin Tether is leading a $10 million investment in lending platform Celsius network, the latter announced on June 23. Expanding Product Suite Celsius is an Ethereum-based lending program that claims to manage over $680 million and has paid over $17 million to pool investors thus far.
2020-6-23 17:07 | |
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The Financial Action Task Force [FATF], an inter-governmental organization that has pledged to combat money laundering and terrorism funding, has stated that Facebook and its stablecoin, Libra, would be subject to global standards on cryptocurrencies and traditional financial assets, according to reports.
2019-10-18 15:30 | |
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Opera Tech Ventures, a subsidiary of BNP Paribas, and Octopus Ventures have led a $16. 5 million funding round for Token, a stablecoin open banking platform. Token becomes the latest entrant in the expanding field of digital payment solutions utilizing elements of cryptocurrency and blockchain technology.
2019-6-21 23:40 | |
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Brazillian National Bank for Economic and Social Development (BNDES) is funding a documentary using its ERC-20 token BNDES Token, according to reports by Cointelegraph in Brazil. The documentary is to be produced in collaboration with local cinema producer Elo Company.
2019-6-4 00:41 | |
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Craig Wright, the controversial Bitcoin SV creator claiming to be Satoshi Nakamoto, accused crypto exchange Binance and stablecoin company Tether of funding prostitution and slavery. During the CoinGeek conference in Toronto, Wright said that 30 percent of “Binance and Tether money” is used to fund illegal operations such as prostitution and women in slavery.
2019-6-3 08:16 | |
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The largest world social network is looking for venture investors who are willing to finance its project of stablecoin pegged to fiat currencies. Facebook allegedly needs $1 billion of VC funding.
2019-4-10 23:07 | |
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In this edition of The Daily we cover a few examples of the evolving institutional crypto investment world. Circle has completed an acquisition of a regulated broker, cryptocurrency prime brokerage Tagomi closed a $12 million funding round, and charting portal Tradingview added a crypto index.
2019-3-5 14:40 | |
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Blockchain analysis firm Chainalysis has completed a $30 million Series B round led by American VC firm Accel and Benchmark, who led the startup's Series A funding in April 2018.
2019-2-15 19:41 | |
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Originally called Basecoin, Basis had secured $133 million in funding to build an algorithmic stablecoin. Its founder, Nader Al-Naji, frequently described the project using code to maintain price stability for its token in the same way the U.
2018-12-18 22:09 | |
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Basis, one of the most well-known stablecoin projects, is shutting down and returning the majority of capital raised to investors, the Block reported citing multiple sources with direct knowledge. The company, which raised $133 million in funding, faced with regulators as it attempted to get its algorithmic stablecoin off the ground. As a result, Basis […]
2018-12-13 11:38 | |
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CoinSpeaker Yet Another Stablecoin Launched, but This One With Real-time View of Fiat Reserves Balance Stably is a venture capital-backed startup seeking to bring stability to the volatile cryptocurrency market through a secure, transparent medium of exchange.
2018-11-2 14:15 | |
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Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.
2018-10-31 20:51 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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The Runes Protocol, a Bitcoin-based fungible token standard, has unveiled a major upgrade introducing “agents” to enable Automated Market Makers (AMMs) directly on Bitcoin’s (BTC) Layer 1.
Russia is relying on crypto in its oil trade with China and India to navigate Western sanctions. While traditional currencies like the Chinese yuan and Indian rupee remain dominant, digital assets such as Bitcoin (BTC), Ethereum (ETH), and the stablecoin…
Bitcoin (BTC) whales on Binance appear to be reducing their selling pressure, but the potential for increased BTC sales from miners could introduce new downward pressure on the market. According to CryptoQuant’s community analyst Darkfost, whale activity on Binance, which handles some of the largest Bitcoin trading volumes, is showing signs of decline.
Bitcoin Cash has traded higher in the past 24 hours, surging by more than 30% to lead top gainers among the largest coins by market capitalization. The price of Bitcoin Cash (BCH) rose to an intraday high of $391 during…
Trading volume on Pump.fun, a leading Solana-based token launchpad, plunged 63% in February following a string of high-profile memecoin scams that have eroded investor confidence. Pump.fun volume dropped from $119 billion in January to $44 billion in February, the lowest…
It’s another painful day for Litecoin’s traders and investors as the price plummets by 8% daily following a huge bloodbath overnight. LTC lost momentum and now looks highly bearish on the daily chart.
To comply with European regulations, Binance has stated that it will stop allowing users in the European Economic Area (EEA) to trade pairs involving stablecoins that do not comply with MiCA—basically, non-compliant stablecoins.