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Crypto Donations to Ukraine Near USD 20M
28.2.2022
At least USD 18.9m worth of cryptoassets has been donated so far to the Ukrainian government and the nongovernmental organizations (NGOs) providing support to the Ukrainian military after Russia launched an invasion of the country on February 24.
As of February 27th, 23:50 UTC, data accumulated...
Crypto Biz: Stablecoins are serious business, Feb. 17-24
25.2.2022
The stablecoin market continues to grow and diversify: Circle's USDC, Tether's USDT and Terra's UST all made headlines this week
Wyoming’s state stablecoin: Another brick in the wall?
25.2.2022
Stablecoins are another piece in the puzzle, like DAOs or digital identity. “And if we don’t have it just right at first, we’ll fix it.”
Bitcoin Fundamentals vs. Fundamentals of Geopolitics - Analysts on Ukraine War
25.2.2022
It’s the second day of Russia’s invasion of Ukraine, with the former moving undeterred by the sanctions imposed by certain Western countries. Among a great number of possible effects that the war could have or may have already had globally, the effect on the crypto industry is being discussed...
Ukrainians Paying Tether Premiums as Some Desperate Citizens Ditch Fiat for Crypto
25.2.2022
Ukrainians are paying a premium of up to USD 0.11 on the dollar-pegged stablecoin tether (USDT) as trading volumes on local crypto exchanges have escalated quickly.
Per data from the Ukrainian crypto exchange Kuna, which claims that nine out of 10 of its users are Ukraine-based, some...
Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange
24.2.2022
Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions
Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News
23.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News
Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg
23.2.2022
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve —...
Stablecoin issuer Circle launches business accounts for USDC transactions
23.2.2022
More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves
MUFG drops blockchain payment project to focus on stablecoins
23.2.2022
Established in 2019, MUFG’s blockchain payments project GO-Net Japan is shutting down due to low expected profitability
Terra avoids Ukraine concerns rallying 18% in three days — Can LUNA price reach $200 next?
23.2.2022
Jump Crypto and Three Arrows Capital bought $1 billion worth of LUNA tokens recently
Total stablecoin supply hits $180 billion: Report
23.2.2022
Despite a bearish backdrop for the overall crypto industry, the stablecoin supply has hit a total of $180 billion, surging by $9.5B over the past 30 days
Terra's LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
23.2.2022
LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
22.2.2022
The fresh funding will go towards a new reserve to help strengthen the peg for the UST stablecoin
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps
22.2.2022
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled...
Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin
22.2.2022
Terra said it chose to denominate the Forex Reserve in Bitcoin because it considered the crypto asset "less correlated to the Terra ecosystem."
Fireblocks to Acquire Crypto Payment Platform for a Reported $100 Million
20.2.2022
Digital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series...
Wyoming lawmakers introduce legislation for state-issued stablecoin
18.2.2022
Avanti Financial CEO Caitlin Long said the bill had its own pros and cons, but it was “definitely a conversation-starter” for lawmakers exploring stablecoins
Helium Mounts Unicorne, DeFi & Metaverse ETFs, Crypto Executive Order + More News
18.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Helium Mounts Unicorne, DeFi & Metaverse ETFs, Crypto Executive Order + More News
Terra injects 450M UST into Anchor reserve days before protocol depletion
18.2.2022
The move is designed to maintain the stablecoin savings protocol's lucrative yield of approximately 20% per annum