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The superheated NFTs? A crypto market niche tipped to boom or bust
14.3.2021
A pyramid scheme where “somebody will be burnt” or an “exciting innovation?” Is this the year of the nonfungible token?
Tether Stablecoin Expands Its Reach to Another Blockchain
11.3.2021
Tether has announced the expansion of its USDT token to an eighth blockchain
New Zealand firm launches stablecoin backed by NZD
10.3.2021
"Techemynt felt it was an ideal time to fill the gap in the market and lead the creation of a NZD-based stablecoin," said Fran Strajnar
Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval
9.3.2021
Global stablecoin adoption and uncontrolled hyperinflation in Venezuela and Argentina have helped push Reserve Rights to a new all-time high
Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit
9.3.2021
Hacked DeFi service Furucombo will issue "iou" tokens as part of its compensation plan to repay 22 affected users
Tether's Supply Dominance Hits Record Low as USDC & Co Rise
3.3.2021
As USD coin (USDC) strengthens its positions, tether (USDT) is losing its market share, according to crypto intelligence firm Coin Metrics. That said, stablecoins, in general, are again on the rise this year, and the total supply is expected to grow further with the increase in use cases.
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xSigma DEX Launch: More Than $100M in Liquidity Pooled on First Day
2.3.2021
PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a NASDAQ-listed company, has seen great interest in its stablecoin liquidity...
Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat
1.3.2021
Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim “will harm the bitcoin...
Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol
28.2.2021
One of DeFi's strangest experiments continues to push the envelope in both governance and architecture
Canadian bank plans to launch dollar-backed digital currency 'in the coming months'
24.2.2021
Stablecorp CEO Jean Desgagne said VersaBank's digital currency was intended to provide an alternative to concerns over volatility and security in crypto markets
xSigma Passes Security Audit and Prepares to Launch Stablecoin DEX With LP Rewards
24.2.2021
PRESS RELEASE. February 24, 2021 – xSigma, a decentralized exchange for stablecoin swaps, has announced details of its launch program. The DEX, which supports liquid swaps between stablecoin pairs, will go live on February 24, having passed a third-party security audit. Blockchain security...
DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital
24.2.2021
Polychain Capital has bet on a new DeFi exchange protocol looking to boost the adoption of stablecoins in DeFi
Binance Coin Topples USDT to Become the Number Three Crypto After a 300% Price Surge
19.2.2021
The Binance token has toppled the stablecoin Tether to become the third-largest crypto asset by market capitalization. After starting the month of February a little under $50, the token had raced past the $250 mark on February 19. At the time of writing the token is fluctuating around its all-time...
Stablecoin RAI launches, a pure, decentralized alternative for DeFi
19.2.2021
The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency
Venus (XVS) rallies 900%, TVL hits $3.54B after Binance Smart Chain launch
19.2.2021
Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs
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?
What Happens if All Stablecoin Users Have to Be Identified?
18.2.2021
If the U.S. reins in pseudonymity in stablecoin transactions (as seems possible) there could be big implications for the crypto industry, says our columnist
xSigma Prepares to Launch Its Stablecoin DEX With Major Backers
17.2.2021
PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees than existing AMMs. The project is gearing up for its public launch, when early adopters will...
Cream Iron Bank Flash Loan Attack: Markets Re-Enabled While Asset Borrow Is Paused
16.2.2021
Following the Cream Iron Bank flash loan attack, preliminary findings of a probe have shown that contracts and markets still function normally. As a result, markets have now been re-enabled while the asset borrowing function has been paused. The Cream team also reveals that investigations...
Diem gets closer to launch as Fireblocks and First introduce new payment infrastructure
16.2.2021
Fireblocks and First Digital Asset Group have developed a seamless connection to Diem, allowing financial institutions to access the emerging payment network. The platform is still awaiting regulatory approval before it can launch