2022-5-28 14:04 |
Blockchain analysis firm Nansen identifies two major takeaways following Terra's UST algorithmic stablecoin collapse.
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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.
2022-5-28 22:30 | |
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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.
2022-5-27 15:00 | |
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Scream, a decentralized lending protocol on the Fantom network, incurred a $35 million debt after failing to adjust the prices of two stablecoins that lost their peg on its platform. The DeFi protocol had hardcoded the value of these affected stablecoins, Fantom USD (fUSD) and DEI, to $1, meaning their decline did not reflect on […] The post Scream protocol losses millions to stablecoin depeg appeared first on CryptoSlate.
2022-5-17 22:30 | |
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The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, particularly Treasury Secretary Janet Yellen. Testifying before the House of Representatives Financial Services Committee Thursday, Yellen brought up the issue of UST and USDT noting stablecoin issuers needed to be brought under […]
2022-5-13 13:39 | |
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The last few days have been hell for the crypto market, and that’s a problem when you consider that crypto and NFTs are two sides of a coin; here’s how the crypto crash is affecting Terra NFTs. A sudden uptick in daily trading volume TerraUSD (UST) is the stablecoin associated with Terra, and amid the […] The post Price discrepancies drive the growth of Terra NFTs appeared first on NFT News Today.
2022-5-13 12:19 | |
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Binance has temporarily suspended withdrawals of the two major Terra blockchain tokens including LUNA, the native token of Terra, and Terra USD (UST), Terra's flagship algorithmic stablecoin. The post Binance Suspends Withdrawals of LUNA and UST appeared first on BeInCrypto.
2022-5-11 18:30 | |
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The crypto market is facing a testing start to May. With the Feds announcement, the market has faced two major dips already with the latest being a 3.7% dip. Amidst this, there has been yet another stThe post New data regarding stablecoin activity says this about the market sentiment appeared first on AMBCrypto.
2022-5-9 06:30 | |
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Blindex, the multi-currency stablecoin DeFi platform, have announced the launch of two new algorithmic… The post Blindex Interview: Two new algorithmic stablecoins hit the market appeared first on Coin Journal.
2022-5-5 00:34 | |
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Blindex, a multi-currency fractional algorithmic stablecoin protocol is elated to announce the launch of its two algorithmic stablecoins, $bGBP and $bXAU, becoming the latest protocol to integrate the Rootstock (RSK) ecosystem.
2022-4-25 19:34 | |
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The DeFi chain, Terra, had a good run these last two days, with its stablecoin UST flipping BUSD to gain the position of the third biggest stablecoin. It also achieved the milestone of becoming the fiThe post Terra [LUNA] has had a good run this week but will it continue appeared first on AMBCrypto.
2022-4-21 09:30 | |
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The issuer of the second-biggest stablecoin has hired two new executives to oversee policy and operations.
2022-4-12 16:11 | |
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The two main organizations behind the development of the Terra blockchain have purchased a combined $200M in AVAX, while Near Protocol is rumored to release a new stablecoin.
2022-4-9 07:36 | |
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Stablecoins have been a target for lawmakers and regulators in the United States. The two have debated the risks that stablecoins pose to the financial sector and the US dollar’s value. Two US lawmakers have joined hands to introduce a bill that will bring transparency to the reserves held by stablecoin issuers.
2022-4-5 18:39 | |
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Stablecoin supply shows significant growth during the year. The market cap of the top stablecoins is roughly $181 billion, over 11% of the total crypto market, which is now at $1,6 trillion after shedding over $140 billion in the past two days over geopolitical concerns.
2022-2-23 02:59 | |
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It only took Libra/Diem two years to come full circle from publishing its white paper to falling apart.
2022-2-3 19:12 | |
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Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency.
2022-2-2 11:48 | |
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Another one bites the dust. The Diem project is dead, according to Bloomberg. The report comes from anonymous sources and does its best not to assure anything. However, considering the project’s head David Marcus left the company two months ago and Diem’s convoluted history, it’s not hard to believe.
2022-1-27 22:35 | |
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Ardana (DANA), one of the pioneering DeFi and stablecoin dashboards on Cardano (ADA) blockchain, shares the details of its latest tokensale phases
2021-11-10 18:00 | |
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The US Commodity Futures Trading Commission today filed and settled charges against Bitfinex and sister company Tether. The two firms are required to pay fines totaling almost $43 million. CFTC claimed that the Tether (USDT) stablecoin was not completely backed by reserves most of the time and Bitfinex breached the derivatives regulator’s previous directive, according […]
2021-10-16 00:52 | |
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Cardano-based stablecoin hub, Ardana has announced that it will be conducting the first of two public sale rounds for its native token DANA in October. Public Token Sale set for October 28 The public sale will be conducted on its website at https://sale.
2021-10-13 20:00 | |
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This week, Judge Katherine Polk Failla dismissed half of the class action plaintiffs' claims that were filed about two years back against the cryptocurrency exchange Bitfinex and the sister company Tether, a stablecoin USDT issuer.
2021-9-30 19:38 | |
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Almost two years ago, social media giant Facebook set out to launch one of the most ambitious financial projects, a global stablecoin called Libra. The project took a lot of heat from regulators, lost important partners, and was believed to have been completely shut down.
2021-8-27 13:24 | |
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Two promising DeFi-centric projects, ZKSwap (ZKS) and Zerogoki (REI), have entered a long-term partnership
2021-8-5 10:06 | |
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Tether CTO Paolo Ardoino said that USDT is still seeing issuance, with $100 million of the stablecoin being issued recently. The post Tether CTO Denies USDT Issuance Stopped for Two Consecutive Months appeared first on BeInCrypto.
2021-8-2 11:44 | |
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The DAO will feature two tokens, a stablecoin dubbed Ducat and a governance token… The post Wyoming Approves First Legally Recognised DAO in US appeared first on Coin Journal.
2021-7-6 15:42 | |
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Discourse surrounding crypto assets and digital currencies are heating up, and the latest to air its view is the UK's Bank of England. Digital Money Fostering ‘Pertinent Questions’ In a discussion paper published on June 7, the Bank of England (BoE) gave its two cents about what it termed new forms of digital money, covering […] The post BoE Seeks Same Regulatory Oversight For Stablecoin As Fiat In Latest Discussion Paper first appeared on BitcoinExchangeGuide.
2021-6-7 21:15 | |
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Dominant stablecoin USDT issuer Tether Holdings Limited has released its quarterly report providing the breakdown of its reserves backing the issued Tether tokens. As part of the settlement deal with NYAG, Tether will be releasing these breakdowns on a quarterly basis for the next two years.
2021-5-13 18:05 | |
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In an announcement on April 26, Binance stated that it would be listing MicroStrategy (MSTR), Microsoft (MSFT), and Apple (AAPL). The MSTR/BUSD pair will be listed on April 26. The other two, also tradable in Binance’s own stablecoin, will launch on April 28 and 30.
2021-4-26 10:07 | |
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USD-backed ERC20 stablecoin TrueUSD (TUSD) would launch on Tron's TRC20 blockchain in two days. This was made known by Tron's CEO, Justin Sun, via Twitter. TrueUSD Finally Coming to Tron TrueUSD's decision to launch on the Tron network comes barely a month after the stablecoin launched on the Avalanche (AVAX) blockchain, an open-source platform specializing […] The post TrueUSD (TUSD) Stablecoin to Go Live on Tron Network Tomorrow first appeared on BitcoinExchangeGuide.
2021-4-9 22:01 | |
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Iron Finance is a partially collateralized stablecoin platform based on the Binance Smart Chain (BSC). It reported that on March 16, two Iron Finance vFarm pools were “subject to an incident”. This ordeal resulted in the loss of user deposits.
2021-3-17 08:53 | |
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Bitcoin's growth story this season has been fueled by low Bitcoin supply on exchanges and high stablecoin supply. Historically, these two factors have been a recipe for a price rally. With Bitcoin's eThe post Bitcoin: Will its price correspond to the hike in exchange-traded volumes? appeared first on AMBCrypto.
2021-2-17 19:30 | |
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Tokyo-based internet conglomerate, GMO Internet has been cleared by New York Financial Services (NYDFS) to provide two stablecoins; a Yen-pegged stablecoin (GYEN) and a dollar-pegged stablecoin (ZUSD).
2021-1-1 00:41 | |
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The two Polkadot parachains will communicate to create a unified DeFi environment.
2020-12-14 18:00 | |
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Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U. S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.
2020-11-7 07:30 | |
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Tether has become the most promising stablecoin in the cryptocurrency market. Tether is the third most valuable stablecoin around the world, trading at $1 as of September 2020. In the past, we have seen XRP ruling the market as a stablecoin, but Tether outperformed it in terms of market capitalization for the second time in less than two weeks.
2020-10-30 07:24 | |
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Fintech giant Plaid has added support for two DeFi applications, the IRS wants to know about your crypto and stablecoins have passed the $20B milestone.
2020-9-26 19:29 | |
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In an announcement made on Monday, the stablecoin issuer stated the swap will be completed in two tranches, starting Tuesday, September 15. A tweet from the official page of Tether vaguely stated the swap will be completed by a Tier 1 exchange, which asked to perform the swap.
2020-9-15 20:09 | |
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Global fintech company Circle has partnered with cryptocurrency prime brokerage Genesis. The two will work together to push the adoption of Circle’s USDC stablecoin. As part of the deal, Digital Currency Group (DCG) has invested $25 million in Circle.
2020-8-1 18:20 | |
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Leading spot cryptocurrency exchange Binance is listing MakerDAO’s governance token Maker (MKR) and stablecoin DAI. The exchange is adding support for eight trading pairs viz. MKR/BNB, MKR/BTC, MKR/BUSD, MKR/USDT, DAI/BNB, DAI/BTC, DAI/BUSD, and DAI/USDT.
2020-7-24 19:23 | |
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While media coverage focuses on Bitcoin, stablecoins are halving a field day in Q2 as the primary go-to option for remittances and hedging against fiat money inflation. A new report by the crypto trading platform, eToro in partnership with The Tie stated that stablecoins have become a safe haven for both businesses and individuals for two […]
2020-7-24 16:44 | |
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Celo Dollars (cUSD) stablecoins are now live on the platform's mainnet according to a medium post by the foundation on June 29. This comes barely two months since Celo's mainnet went live; the project has been making aggressive moves in both development and community growth.
2020-6-30 22:26 | |
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Stablecoin DAO Maker is up 110% in the last two weeks after listing on Coinbase Pro, and different metrics show that MKR is poised to keep gaining. Maker Gets a... The post Maker Posts Massive Gains After Listing on Coinbase appeared first on Crypto Briefing.
2020-6-11 23:33 | |
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According to official reports, the two companies joined the council alongside independent block producers, EOS Nation and EOS Cannon, to provide oversight over approval of contracts and amendments made on smart contracts on the EOSDT stablecoin blockchain.
2020-5-23 20:37 | |
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Tether’s market cap in the last two months has increased by nearly $3.6 billion, which is more than the amount issued between all of 2015 and mid-2019. With crypto markets...The post Tether’s Stablecoin Supply Makes Room for Bitcoin Bulls appeared first on Crypto Briefing.
2020-4-30 09:04 | |
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Over the past two days Tether has created USD $180 million of its USDT stablecoin for a so-called “inventory replenishment. ” Such a step could add further dynamics to an already extremely volatile Bitcoin market.
2020-3-19 16:00 | |
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Pornhub has added new performer payment options including the tether (USDT) stablecoin, two months after being apparently dropped by PayPal.
2020-1-23 13:40 | |
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The past two years have opened the eyes of the world to crypto currencies. Showing particular interest has been central banks with a number of them developing their own stablecoins and more will be arriving this year.
2020-1-4 16:30 | |
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The government of the British Virgin Islands has recently announced that it will not be launching its own stablecoin, despite local media reports of a pegged digital asset being in development. BVI Denies Digital Currency Rumors Only two weeks ago, around December 3rd, the government of the British Virgin Islands (BVI) announced that it will launch its own stablecoin — BVI-LIFE.
2019-12-18 13:06 | |
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After eleven months of simulations, testing and two audits, Money on Chain has announced the Alpha version launch of its decentralized stablecoin protocol on the RSK network. Backed by Bitcoin, the protocol is comprised of two tokens that provide several use cases for Bitcoin holders, including leveraged Bitcoin operations.
2019-12-13 01:40 | |
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Ripple CEO Brad Garlinghouse said there’s a massive shift in DC’s crypto perspective, and regulations could catalyze an inevitable stablecoin market boom.
Fractured Latin America is turning its attention to cryptocurrencies. What is happening in these countries?
Online payment giant PayPal has announced that its PYUSD stablecoin has officially launched on the Solana blockchain. The company revealed its stablecoin network expansion in a press release. The decision would make PYUSD faster and cheaper for people to use.…
In an interview on Monday, U.S. Representative French Hill emphasized legislative efforts to enable the private sector to lead the development of a dollar-backed payment stablecoin and predicted quicker market entry for spot Ethereum ETFs compared to Bitcoin ETFs. U.S.…
Hex Trust launches USDX, the first native stablecoin on Flare, backed 1:1 by USD. USDX can be staked in Clearpool’s T-Pool for real-world yield without lock-ups. USDX aims to enhance Flare’s DeFi ecosystem, supporting lending and borrowing.
Despite starting the day on a decline, Pyth Network (PYTH) has regained and is currently trading 20% higher over the past 24 hours. Today’s price swing was influenced by a major token unlock and the release of a new LISUSD/USD price feed.
USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up…