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Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
6.8.2021
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with...
Balancer Protocol Releases Stable Pools
9.7.2021
Balancer made the exciting announcement of launching stable pools at Balancer V2 soon after the Element.fi pools’ release making Balancer the foremost AMM in the Blockchain universe with three types of pools. As of today, Balancer is associated with weighted pools, Element pools, and stable pools....
Balancer launches stable pools for like-kind swaps
8.7.2021
The new feature allows traders to tap into pools of assets that trade at similar price levels. Balancer claims to be the first automated market maker to offer stable pools
DAI at 1xBit. New Stable Coin – Your Next Ride!
6.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Meet DAI at 1xBit - an Ethereum-based stable coin with its value of 1 USD, the key in the MakerDAO lending system.
MakerDAO develops technology and resources for borrowing, lending, and saving money using...
Compound Launches Treasury to Introduce Institutions to Defi
30.6.2021
Compound, one of the leading defi-based protocols, is launching a new service called Treasury. Compound’s Treasury is a new product designed to help institutions enter the defi space. Launched in partnership with Circle and Fireblocks, it skips the uber astounding rates conventional defi...
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
28.6.2021
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price...
In Times of Volatility: You Should Choose a Stable Exchange
25.6.2021
On June 21st, the negative news from China pulled a turbulent decline in Bitcoin once again. The price of Bitcoin once collapsed to $28,000, beating May’s price bottom. Since the start of Q2, Bitcoin’s price fluctuations have been continuing. The correction of the bull market...
How stablecoins stay stable, explained
24.6.2021
Stablecoins use a variety of techniques to keep their value fixed, generally to a specific fiat currency like the U.S. dollar
Bitcoin Remains Stable, Ethereum and Altcoins Face Hurdles
15.6.2021
Bitcoin price formed a short-term top near the USD 41,100 level. BTC corrected lower and it even moved below USD 40,000. It is currently (12:14 PM UTC) trading well above the USD 38,500 support, but it must gain momentum above USD 40,000 for a sustained move higher.
Besides, most major altcoins...
G7 Leaders Ask Russia to Urgently Identify Those Who Abuse Cryptocurrency in Ransomware Attacks
14.6.2021
The G7 leaders have called on Russia to urgently “identify, disrupt, and hold to account” ransomware hackers and those abusing cryptocurrency to launder ransoms. “We reiterate our interest in stable and predictable relations with Russia, and will continue to engage where there...
A Stable Bitcoin (BTC) Could Touch $40,000 levels
7.6.2021
Bitcoin currently trades above $36k with a moderate momentum since its high of $36,790.57 in the last 24 hours. BTC currently has a market cap of $680,083,174,620 and a fully diluted market cap of $762,460,122,674. The volume traded in the last 24 hours is $29,759,074,875, down 18.49%, with...
Coinbase Exchange Permits Stable Pair Trading
2.6.2021
Coinbase is the platform for trading in cryptocurrencies like Bitcoin, Ethereum, and more. It is the solemn objective of Coinbase to enhance the economic liberation of the world. The forum seeks to launch an open financial system to offer every user increased access to monetary services, enabling...
Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
23.5.2021
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...
Algorithmic Stability: How FRAX Is Developing the Future of Stablecoins
27.4.2021
Part-collateralized, part-algorithmically stabilized stablecoin, FRAX is the world’s first fractional-algorithmic stablecoin. The Frax protocol is ideologically pure, extremely stable, and highly scalable on-chain money that consists of a two-token system. The stablecoin Frax (FRAX), and...
Pros say Bitcoin’s ‘very healthy’ correction ‘builds ground for more stable growth’
23.4.2021
Bitcoin price tumbled below a key support level but financial experts agree that the correction clears the way for further upside
A nightmare on Stable Street: Centralized stablecoins may be doomed
18.4.2021
Central banks are paying very close attention to stablecoins, seeking to control them — and decentralization may be the solution
VS Code node:console Fix
23.3.2021
I’ve been using Microsoft’s Visual Studio Code text editor for years with great success. The app has always been stable, flexible, and the best compliment I can give it: an afterthought. Recently, however, every time I added a console.log to a JavaScript file, VS Code would add import...
Poltergeist Exchange Partners With Ghost by McAfee to Release a Private Stable Coin and Privacy Exchange
14.3.2021
PRESS RELEASE. Poltergeist Exchange has partnered with GHOST by McAfee to bring a private stable coin and privacy dex to the GHOST by McAfee blockchain. Poltergeist Exchange has released their native token GHOUL, and are developing and releasing a side chain with the same name for Ghost by McAfee....
Algorithmic stablecoins aren’t really stable, but can the concept redeem itself?
18.2.2021
Amid much fanfare, many algorithmic stablecoins have not been stable. Is the problem intractable, or it's the just the algorithms that aren't good enough?
Reflexer Labs Raises $4.4M to Build Out ETH-Backed Stable Asset, RAI
11.2.2021
Pantera and Lemniscap co-lead a bet on stability in DeFi without the U.S. dollar