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Waves' USDN Stablecoin Loses Peg, Drops 15% Amid Manipulation Scare
4.4.2022
USDN's market capitalization had nearly doubled to $850 million in March
TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards From Stablecoin Pool Incentive Program
3.4.2022
PRESS RELEASE. Singapore, Singapore / April 4th / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity...
Crypto Helps Ukraine Defend Itself Against Russia's Invasion, Here’s How You Can Contribute
2.4.2022
Cryptoassets continue to prove their case in Ukraine, as well over USD 100m in crypto was raised during the first five weeks of the Russian invasion.
Per a report by blockchain research firm TRM which analyzed over 50 crypto donation campaigns, official government entities have received over...
Terra’s USD 10B Bitcoin Bet May be Both a Curse and a Blessing
1.4.2022
Terra (LUNA) founder Do Kwon’s plan to partly back the stablecoin UST with bitcoin (BTC) is causing both excitement and concern in the community, with some fearing what could happen to the bitcoin market if Terra faces problems with trust or liquidity.
The plan to back UST with BTC has been...
Crypto pundits gather online to discuss innovation and national security
1.4.2022
Sheila Warren and Jerry Brito joined security expert Juan Zarate to address ways to use cryptocurrency in the national interest
Circle Chooses BNY Mellon to Custody USDC Reserves
1.4.2022
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion....
Bank of Japan official calls for G7 nations to adopt common crypto regulations
1.4.2022
The Bank of Japan has warned G7 nations that a common regulatory framework for cryptocurrencies needs to be introduced quickly, as current rules do not take into account the potential for digital assets to be used to skirt sanctions
Newly Introduced Bill Aims to Bring Transparency to the Stablecoin Marketplace
1.4.2022
The days of murky stablecoin reserves might soon be over
Circle selects BNY Mellon as custodian for USDC reserves
31.3.2022
The firm previously said its reserves would be in cash and treasuries
BNY Mellon to Custody Assets Backing Circle's USDC Stablecoin
31.3.2022
The relationship likely carries publicity upside for both financial brands
Nearly $13.75M liquidated as WAVES rallies 70% in a day — what's next?
29.3.2022
Stablecoin management DeFi platform Neutrino emerges as the key factor behind WAVES' ongoing price rally
Terra LUNA hits new all-time high after 100% rebound from 2022 lows — Correction ahead?
29.3.2022
LUNA price chart technicals are hinting at a possible 50% price drop in the coming weeks, however
Interoperability-focused Stargate Finance (STG) aims to kick off DeFi 3.0
28.3.2022
STG price rallied after excited investors piled into Stargate Finance, an interoperability-focused multi-chain DeFi platform
Bitcoin Breaks Key Resistance, Crosses USD 47K as Terra Buys More BTC, Liquidations Soar
28.3.2022
Bitcoin (BTC) broke through a key resistance level and reached a price well above USD 47,000 overnight. The gain was supported by Terra (LUNA)'s continued buying of BTC and by high liquidations of leveraged short positions.
The number one cryptocurrency on Monday reached a high of USD 47,650...
The UK Set to Announce Favorable Crypto Regulations in Weeks - Report
28.3.2022
The UK government is reportedly slated to reveal its crypto regulatory framework in the coming weeks, and it will include a special focus on stablecoins, per anonymous sources cited by CNBC.
British Finance Minister Rishi Sunak is expected to make the announcement, CNBC reported, citing four...
Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News
24.3.2022
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: Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News
War in Ukraine to Make Countries Rethink Currency Dependencies - BlackRock CEO
24.3.2022
The war in Ukraine will make countries “re-evaluate their currency dependencies,” with work on digital currencies likely to be accelerated, according to Larry Fink, CEO and Chairman of the major asset manager BlackRock.
Writing in a letter to shareholders published on Thursday, Fink said that...
Bitcoin Inches Higher as Terra Starts Implementing Its USD 10B BTC Plan
24.3.2022
Following Terra’s announcement in February that it would partly back its stablecoin UST with bitcoin (BTC), the market has been waiting for clues that Terra is in fact following up on its promise and buying BTC.
An indication that the stablecoin protocol is following through with its plan came...
Fireblocks and ANZ Create AUD Stablecoin
24.3.2022
$30 million of the stablecoin has been minted so far
A$DC rocks the Aussie dollar as ANZ bank mints first AUD stablecoin
24.3.2022
“Most of the industry utilizes non-bank and often unregulated USD stablecoins. Now with this Big 4 bank-issued AUD stablecoin, the use case is a lot more compelling,” said ZeroCap CEO Ryan McCall