2022-6-3 19:08 |
Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse.
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Tether (USDT) co-founder Reeve Collins believes the collapse of TerraUSD (UST) — since renamed TerraClassicUSD (USTC) — might be the catalyst that triggers the downfall of other algorithmic stablecoins, CNBC reported.
2022-6-3 20:30 | |
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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.
2022-5-27 16:25 | |
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Out of the ruins of the TerraUSD (UST) collapse rises a new stablecoin — USDTea, the first of its kind — that is backed by a can of, well, iced tea. Whether intended as satire or not, USDTea has joined the plethora of stablecoins in the vast crypto wilderness.
2022-5-24 11:28 | |
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Stablecoins, in general, suffered immensely post the TerraUSD (UST) de-pegging event. This event saw UST drop from its once-stable $1 parity to today’s $0.06 per UST. Now, to refill that lost trust,The post Post UST's depegging fiasco, data seems to suggest returning interest in stablecoins appeared first on AMBCrypto.
2022-5-24 03:30 | |
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In April, the UK had revealed plans to become a crypto hub and legalize stablecoin payments. Following last week’s events, many had thought that Her Majesty’s Treasury would put these plans on hold, but it appears the regulators are moving ahead with their plans.
2022-5-22 00:06 | |
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USDT was commonly seen as the troubled child amongst all the stablecoins, but things rapidly changed as TerraUSD [UST] came into the picture only to crash and burn. At press time, the ex-stablecoin waThe post Eyes off UST because Tether is (might be) at the end of its rope appeared first on AMBCrypto.
2022-5-18 16:30 | |
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UK’s exchequer has just affirmed its vow to regulate stablecoins to create a healthy environment for stablecoin issuers and service providers, given the recent TerraUSD (UST) and Terra (LUNA) market crash.
2022-5-18 16:00 | |
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Established stablecoin trading pairs have struggled to keep stable on crypto exchanges around the world. Here are the updates as the situation evolves.
2022-5-13 16:24 | |
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Following the de-pegging debacle overtaking TerraUSD, several other stablecoins appear to have lost their peg to the dollar as well. The post Series of Stablecoins Lose Pegging Following TerraUSD (UST) appeared first on BeInCrypto.
2022-5-12 23:00 | |
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As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U. S. government officials. Despite the recent federal stance that stablecoins could pose a rising threat to the U.
2022-5-11 20:44 | |
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As Bitcoin crashed below the $32k support level, panic took hold of the market and alt coins began to violently plunge as well. This time, even the stablecoins were not spared as TerraUSD [UST] droppeThe post UST goes rogue, but Neutrino USD [USDN] 'depeg(s)' a different story appeared first on AMBCrypto.
2022-5-11 00:30 | |
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The TerraUSD (UST) token crashed to lows of $0.61 on Monday as it massively… The post UST crash shows dangers of un-backed DeFi stablecoins, says Yield App CEO appeared first on Coin Journal.
2022-5-11 15:34 | |
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Terra is an open-source blockchain-based network for creating stablecoins pegged at their corresponding fiat currencies. Its native tokens are Luna (LUNA) and TerraUSD (UST). The project was developed by South Korea-based firm Terraform Labs in 2018, being built on Cosmos SDK.
2022-5-8 00:11 | |
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TerraUSD’s (UST) growth over the last couple of weeks has brought a shift of sorts in the stablecoin world, with people now realizing the importance of decentralized stablecoins. Tron brings USDD The post Tron: Stablecoin USDD went live this week, here's how TRX reacted appeared first on AMBCrypto.
2022-5-7 18:30 | |
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It seems like the armies are gearing up for a battle of stablecoins. Looking at the top ten cryptos by market cap, it's clear that Tether [USDT] reigns supreme. However, USD Coin [USDC] is the fifth bThe post USD Coin [USDC] vs TerraUSD [UST]- Investors can consider this winner appeared first on AMBCrypto.
2022-5-3 18:30 | |
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If your eyes are glued to Bitcoin's every twitch or the second-by-second spasm of alt coins, you might have missed a battle taking place between two well-known stablecoins, that ended with the decisivThe post TerraUSD [UST] flips Binance USD [BUSD] in market cap but here's the caveat appeared first on AMBCrypto.
2022-4-18 19:30 | |
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UST and DAI are two stablecoins backed by other cryptocurrencies. Unlike other stablecoins, they… The post TerraUSD (UST) vs Dai (DAI) – Which one is a better investment? appeared first on Coin Journal.
2022-2-1 00:43 | |
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Decentralized stablecoin issuer Terra issued a proposal to expand the interchain deployment of its TerraUSD (UST) stablecoin. Namely across five projects on Ethereum, Polygon and Solana. Terra would pThe post UST: This latest initiative by Terra's ecosystem is reshaping algorithmic stablecoins appeared first on AMBCrypto.
2022-1-21 00:30 | |
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While Tether [USDT] and USD Coin [USDC] are thought to be the go-to stablecoins in the crypto ecosystem, another coin wants to get to the top. On 30 November, the official account for TerraUSD [USTThe post Stablecoins: Terra(UST) reveals liquidity plans; USD Coin(USDC), Tether(USDT) have a lot going on appeared first on AMBCrypto.
2021-12-1 00:30 | |
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Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers.
On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three accused individuals — Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, and former CCO James Alexander — took part in a scheme that caused customers to lose […] The post DOJ charges three Cred execs over $783 million in customer fund losses appeared first on CryptoSlate.
"The main problem was our lack of organizational execution," MarginFi's longtime leader Edgar Pavlovsky told CoinDesk.
Crypto's high yield structured product sector is getting a bit more mature.
The failed crypto lending firm Celsius Network has been cleared to exit bankruptcy and enact its recovery plan, Bloomberg reported on Nov. 9. That report indicates that the company won approval in bankruptcy court to convert its business into a creditor-owned Bitcoin (BTC) mining firm.
MultiChainZ chief operating officer Aanchal Thakur believes that cross-chain lending platforms will open users up to more liquidity.