2022-8-26 11:05 |
Algorithmic stablecoin USDN, which is designed to mimic the value of the U.S. Dollar, has fallen to $0.91. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Tron’s algorithmic stablecoin, Decentralized USD (USDD) remained below its intended price peg with the U.S. dollar on Tuesday even after the team behind the project rushed to shore up the currency with over $2 billion in reserve assets.
2022-6-15 21:09 | |
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The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from CoinDesk Korea, investigators linked the company to the attack that led to UST losing its peg to the U.
2022-6-14 18:21 | |
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TRONs USDD algorithmic stablecoin has been trading under its dollar peg for more than 24 hours. USDD Drops Below Peg Just 40 days after launching, USDD is fighting for its...
2022-6-15 13:46 | |
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Tron’s algorithmic stablecoin, USDD, has raised fears and speculations in the crypto market after its price dipped to $0.97 and lost its peg to the dollar. The post Fears of another Terra-UST implosion simmer as Tron’s USDD stablecoin loses dollar peg appeared first on CryptoSlate.
2022-6-14 09:30 | |
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Inventor of Cardano and Input-Output Global (IOG) CEO, Charles Hoskinson, gave his opinion on the recent events related to the crash in the Terra Classic network, formally known as Terra. A collapse in the price of its native token LUNA caused the algorithmic stablecoin UST to deppeged from the U.
2022-6-1 01:00 | |
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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.
2022-5-27 20:59 | |
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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.
2022-5-27 08:11 | |
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The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.”
2022-5-21 16:07 | |
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DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.
2022-5-16 15:18 | |
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An eventful week this was in crypto matters, with the highlight of the pain being the collapse of Terra’s LUNA and algorithmic stablecoin TerraUSD (UST). The token’s crash, which has LUNA virtually at zero and UST clinging on after depegging violently from the dollar, has the market irked, sad and in utter disbelief.
2022-5-14 21:26 | |
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Algorithmic stablecoin TerraUSD (UST)’s drop from its US dollar peg sent shockwaves across the entire crypto market this week and ignited the dip in the value of a myriad of crypto assets as a result.
2022-5-13 16:59 | |
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Terra’s UST, since its launch, has been the center of much attention as the crypto world remains divided on the feasibility of the initiative. With recent crypto price volatility and the stablecoin losing its peg to the dollar again, The Block’s Research Vice President Larry Cermak urged Terra to collateralize the stablecoin as he fears […]
2022-5-11 15:02 | |
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Luna Foundation Guard (LFG) said on May 9 that it will lend out $1. 5 billion worth of Bitcoin (BTC) and UST to defend the algorithmic stablecoin’s peg to the United States dollar. The post Terra’s LFG to lend OTC traders $1.
2022-5-10 00:30 | |
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Terra is a blockchain-based ecosystem with a native algorithmic stablecoin (UST) designed for real-world adoption and native token (LUNA) used to stabilize UST’s dollar peg. TerraUSD (or UST) is the… The post Terra (UST and LUNA): A Guide to Crypto’s Hottest New Ecosystem appeared first on CoinCentral.
2022-5-5 19:22 | |
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Terra is a blockchain-based ecosystem with a native algorithmic stablecoin (UST) designed for real-world adoption and native token (LUNA) used to stabilize UST’s dollar peg. TerraUSD (or UST) is the… The post Terra (UST and LUNA) Guide: Is Terra Legit and How Does It Work? appeared first on CoinCentral.
2022-5-10 19:22 | |
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Are algorithmic stablecoins trying to clone the intrinsic qualities of fiat money or dollar; like security? The recent craze over algorithmic stablecoins has stirred mixed reactions from the crypto community.
2022-4-25 14:05 | |
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Algorithmic stablecoin pegged to the US dollar, Neutrino has fallen by 15% from its peg and is now worth around 82 cents instead of a dollar. The post Why some people are saying Waves is a ponzi scheme appeared first on CryptoSlate.
2022-4-7 11:00 | |
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The trillion-dollar worth cryptocurrency market that is growing fast is still not accepted as an investment instrument and its market share is very small compared to the fiat currencies like dollar and euro.
2019-4-18 16:03 | |
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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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The algorithmic stablecoin using BitShares as collateral broke its dollar peg in December.
2018-12-17 13:17 | |
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As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.
2018-11-7 19:56 | |
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Decentralizing The Dollar is a three-part series on stablecoins, each addressing one of the three key methods postulated for tying a stable cryptocurrency to a fiat currency. In Part One, we examined how TrueUSD might rectify the flaws in Tether; in Part Two we looked at Kowala, and algorithmic stablecoins; and in Part Three we’ll […] The post Decentralizing the Dollar: Crypto-Collateralized Stablecoins appeared first on Crypto Briefing.
2018-10-19 21:48 | |
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Stablecoins are in the news today as Tether goes under the microscope once more. In this three-part series Andrew Ancheta casts an eye over three different economic models for stablecoins. Part one dealt with TrueUSD, and in part two of the series he looks at a new algorithmic coin: Kowala and its kUSD.
2018-10-15 15:40 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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Altcoin rotation hopes rise as Van de Poppe links business-cycle signals, copper-gold strength and Clarity Act progress to crypto recovery.
Crypto.com's UAE license could accelerate digital payment adoption, supporting Dubai's cashless strategy and influencing global crypto regulations. The post Crypto.com wins UAE central bank license to let residents pay government bills with crypto appeared first on Crypto Briefing.
Circle's Arc blockchain initiative could redefine institutional finance, fostering innovation and competition in the stablecoin market. The post Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain appeared first on Crypto Briefing.
Midas' Series A funding and mTokens' growth highlight a shift towards more transparent, flexible, and accessible onchain investment solutions. The post Midas secures $50M Series A as mTokens surpass $1.
BNP Paribas' crypto ETNs could significantly boost retail investor access to digital assets, potentially reshaping France's financial landscape. The post France’s largest bank to debut Bitcoin, Ether ETNs for French retail clients tomorrow appeared first on Crypto Briefing.
The bankruptcy and legal fallout from Goliath Ventures' Ponzi scheme could erode trust in crypto investments and impact financial regulations. The post Crypto firm Goliath Ventures files for bankruptcy after CEO arrested over alleged $328M Ponzi scheme appeared first on Crypto Briefing.
Citigroup's potential acquisition could reshape its competitive landscape, leveraging freed capital for strategic growth and digital innovation. The post Citigroup said to weigh acquisition of US regional bank to strengthen deposits and lending appeared first on Crypto Briefing.