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Nalezeno "us stablecoin": 3830

IMF’s DeFi Governance Recommendations Include These Two Steps


  The International Monetary Fund (IMF) has proposed a series of measures aimed at regulating the decentralized finance (DeFi) sector. The body spelled out its preliminary recommendations in the latest chapter of its Global Financial Stability report, which is entitled “The Rapid Growth...

$76 Million Wiped Out From Beanstalk Stablecoin Protocol in Hacking


Beanstalk has been built on Ethereum, and it is a decentralized credit-based stablecoin protocol. Beanstalk leverages its credit system to create a blockchain native asset that is liquid and decentralized. Beanstalk encourages the participation of its community members to maintain the peg...

Beanstalk Hacker Drains USD 182M from Project, But Nets Only USD 80M


  Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out 'only' USD 80m. According to blockchain security firm PeckShield, the attacker...

Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions


Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin...

Stablecoins See Growth With Crypto Market Stuck in ‘Bearish Lull’


  A “bearish lull” in the crypto market fuelled growth in stablecoins, with the market capitalization of the top five stablecoins growing by 13% in the first quarter, according to a new report from the coin tracking site CoinGecko. The growth in the market capitalization of stablecoins is notable...

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