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Nalezeno "Stablecoin": 3981

Another depeg — Acala trace report reveals 3B aUSD erroneously minted

17.8.2022
As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool

UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance

17.8.2022
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending

Optimism fading? Regulatory discussion on stablecoins postponed until Fall

16.8.2022
While there is no shortage of legislative initiatives to regulate stablecoins, the idea of the American CBDC remains problematic

Acala’s Stablecoin Falls 99 Percent After Hackers Issue 1.3 Billion Tokens

15.8.2022
A bug in the protocol’s newly-deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit

Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value

14.8.2022
2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later. Reports...

Built to fall? As the CBDC sun rises, stablecoins may catch a shadow

12.8.2022
Will central banks allow stablecoins to survive? Maybe as a financial instrument for the unbanked or they will be able to peacefully co-exist?

MakerDAO Founder Suggests ‘Seriously Considering’ Depegging DAI from USD

12.8.2022
MakerDAO (decentralized autonomous organization) founder Rune Christensen has called for the community members to consider depegging Maker (MKR)’s stablecoin DAI from USD, and perhaps (slowly) getting into ethereum (ETH) – which Vitalik Buterin argued would be a “terrible idea.” Writing in...

Brazilian payment app PicPay launches crypto exchange with Paxos

12.8.2022
The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin

Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil

12.8.2022
Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos...

Interlay launches trustless BTC stablecoin bridge on Polkadot

11.8.2022
InterBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according to Interlay, resembles MakerDAO’s DAI token

USD Coin to Overtake Rival Stablecoin Tether in Coming Years - Survey

10.8.2022
Circle-issued, the second most popular stablecoin, USD Coin (USDC), has the potential to overtake the most popular stablecoin, tether (USDT), in coming years, according to a survey of analysts. Most of the respondents claim that USDC will benefit from its better regulatory status, which could...

Former Terra-Affiliated Project Kujira to Issue Stablecoin

9.8.2022
The USK stablecoin is taking a cue from DAI and is set to maintain its price peg by a combination of overcollateralization of ATOM tokens and trading incentives

Once-hacked for $77M, Beanstalk's algo stablecoin protocol relaunches

8.8.2022
Beanstalk Farms stablecoin protocol was relaunched on Aug. 6 with the team working to hopefully reclaim the $100 million market cap of its BEAN stablecoin prior to the hack in April

Vitalik: Centralized USDC could decide the future of contentious ETH hard forks

5.8.2022
Speaking at the BUIDL Asia event in Korea, Vitalik Buterin said that centralized stablecoins like USDC & USDT will become significant deciders in future hard forks

Circle Invested in 2 Hacked Crypto Companies, Adding to Its Headaches Amid Stablecoin Scrutiny

4.8.2022
The venture-capital arm of the USDC stablecoin issuer backed Nomad and Slope, which were both exploited this week

Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

3.8.2022
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages...