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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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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Terra, a Singapore-incorporated stablecoin company, has recently decided to start a partnership with Sinsang Market, a major B2B fashion platform based in South Korea. According to a local site based on financial news, the new partnership will see vendors linked to the fashion market in South Korea. The two firms will get together to create […]
2019-8-6 23:37 | |
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A recent report from TradeBlock found that the total on-chain transfer volume across the largest stablecoins has surpassed Venmo’s total payment volume in Q2 2019. But while many celebrated this as a win for cryptocurrencies, some saw the numbers as overblown and said the two cannot be compared.
2019-8-5 08:24 | |
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What Is the USD Coin? The USD Coin (USDC) is an open-source cryptocurrency stablecoin with a value tied to the US Dollar. It was launched in 2018 and is backed by the CENTRE Consortium, a partnership between Circle and Coinbase, two well-funded and well-known cryptocurrency brands.
2019-7-9 23:42 | |
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Germany’s Christian Democratic Union (CDU) and sister party the Bavaria-based Christian Social Union (CSU) have released a joint report calling for the setting up of a German euro-backed stablecoin cryptocurrency.
2019-7-2 20:01 | |
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Bitcoin’s 2019 parabolic rise is coming from veteran cryptocurrency traders, not newbies, the latest data suggests. Newbies Absent From 2019 Bitcoin Boom Analysis of capital inflows into Bitcoin , courtesy of monitoring resource Coinlib, shows huge influxes from both altcoin markets and stablecoin Tether.
2019-6-27 15:00 | |
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The USD-backed stablecoin of the Stably company- StableUSD-, has been added by Binance DEX as a native BEP2 crypto-asset under the name of USDSB. In a press release from Binance, the largest crypto exchange launched trading for two pairs comprising of USDSB against major stablecoin tether (USDT), as well as the USDSB-to-USDS trading pair today […]
2019-6-25 23:46 | |
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NDAU is the world’s first buoyant cryptocurrency that is designed and optimized for a long-term store of value. It has the freedom to rise while mitigating downside volatility. This, in the end, combines stability and growth.
2019-6-15 03:31 | |
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OKEx announced on June 12, 2019, the listing of its native token OKB on cryptoexchange Bitfinex, along with USDK, a stablecoin co-developed by OKLink and Prime Trust. The two new entries to the Bitfinex roster will offer 9 new pairs, which officially opens nine new trading at 10:00 am (UTC) on June 13, 2019.
2019-6-14 19:00 | |
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Hong Kong has confirmed that its first regulated stablecoins are expected to enter circulation between the middle and second half of 2026 after two bank-backed institutions secured issuer licenses earlier this year.
Invesco has filed with the U. S. Securities and Exchange Commission to launch a tokenized money market fund that will invest in cash and short term U. S. Treasury securities for stablecoin reserve management.
StablecoinX starts Nasdaq trading under USDE after its TLGY merger, holding $275m in ENA tokens tied to Ethena’s stablecoin ecosystem.
Animoca Brands has made a strategic investment in stablecoin payment infrastructure provider AllScale and has agreed to explore joint payment and AI commerce initiatives across its ecosystem. Animoca Brands announced on X that it has invested in AllScale, although neither…
Stablecore has launched an early access stablecoin and digital asset program for U. S. credit unions, allowing participating institutions to test blockchain-based financial services before deciding whether to integrate them into their banking platforms.
Abracadabra hikes Cauldron rates and pauses incentives after MIM fell near $0.50, aiming to cut supply and restore its $1 peg after a depeg.
Yellow Card secures Swiss AML affiliation to strengthen regulatory compliance and expand institutional access to global stablecoin infrastructure.