Search

Nalezeno "Stablecoin": 3980

Fantom Stablecoin DEI Becomes Latest to Lose Dollar Peg

16.5.2022
DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs

Luna Foundation Says Nearly Entire Bitcoin Stack Spent, Promises Compensation to UST Users

16.5.2022
The Luna Foundation Guard (LFG), the entity whose task was to maintain the stability of the terraUSD (UST) peg, said it spent nearly all of its bitcoin (BTC) held in reserves to defend UST’s dollar peg as it collapsed. But from what is left, users of the failed stablecoin will be compensated...

80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?

16.5.2022
The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise to compensate the remaining users of failed stablecoin UST

First 7-week losing streak in history ― 5 things to know in Bitcoin this week

16.5.2022
Doom and gloom and an overall sense of unease pervades the market ahead of the World Economic Forum

Vitalik Buterin & Binance CEO Chime In as Do Kwon Proposes Another Terra 'Revival' Plan

16.5.2022
Big players in the crypto industry do not seem supportive of the latest Do Kwon's proposal of how to help the collapsed Terra (LUNA) ecosystem. Last Friday, Terraform Labs co-founder Do Kwon put forward a 'revival plan' suggesting that the network hard fork and reset ownership to 1 billion...

UK Treasury en route to legalizing stablecoins amid Terra's UST crash

16.5.2022
During the Queen's Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow

UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown

16.5.2022
The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K., whilst ensuring financial stability and high...

Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD

16.5.2022
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster...

$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus

15.5.2022
The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether's exposure to the U.S. credit system

SEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Says Stablecoins Not Real Threat to Financial Stability

15.5.2022
A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins are currently “not a real threat” to the country’s financial stability. SEC Commissioner...

Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel

14.5.2022
The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST

Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears

13.5.2022
According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failure wiped out billions from the stablecoin economy...

‘Stable in Name Only’: Stablecoin Issuers Speak Out as UST Craters

13.5.2022
Asset-backed projects want regulators to know: Not all stablecoins are created equal

After Terra's Collapse, Cryptoverse Reflects on ‘Ponzi-like Assets’, Role of VCs, and 'Ignorant' Crypto People

13.5.2022
It’s time for some self-reflection in the crypto community after the spectacular collapse of the terraUSD (UST) stablecoin and the entire Terra (LUNA) ecosystem. A debate about what crypto investing should be like, how crypto projects are promoted and whether ‘bitcoin-only’ is the best strategy...

What happened? Terra debacle exposes flaws plaguing the crypto industry

13.5.2022
The downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins

Nomura's Bitcoin OTC, Prosecutors vs. Arthur Hayes, Tether's Reserves + More News

13.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______... Read More: Nomura's Bitcoin OTC, Prosecutors vs. Arthur Hayes, Tether's Reserves + More News

Coinbase Sued Over Collapsed Stablecoin, but It's Not UST (Yet)

13.5.2022
At a time when the third-largest stablecoin, terraUSD (UST) collapsed, a group of Coinbase’s clients are suing the crypto exchange over its alleged role in the promotion and trading of GYEN, another stablecoin the plaintiffs claim brought them millions of dollars in losses.... Read More:...