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Binance Discontinues UK Pound Stablecoin Calling It Just an ‘Experiment’
16.11.2020
The exchange is discontinuing its own BGBP stablecoin, an "experiment" that obviously wasn't a success
Hackers Drain $2 Million in DAI From Defi Protocol Akropolis
13.11.2020
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...
MakerDAO’s DAI Stablecoin Breaks $1B Market Cap
11.11.2020
The stablecoin dai (DAI) broke a market capitalization of $1 billion on Wednesday, a major milestone for the DeFi pioneer
TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin
11.11.2020
The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins
Kadena Partners With Stablecoin-Maker Terra in Bid to Expand Its DeFi Offering
10.11.2020
The hybrid blockchain maker, Kadena, announced on Tuesday that it has partnered with Terra and will be adding Terra’s stablecoin Luna to its decentralized exchange (DEX) Kadenswap
UK drafting stablecoin regulations and researching a CBDC
10.11.2020
The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
Uniswap Dark (UNID) Next Generation Defi protocol with Ultimate Security Futures, Token Pre-Sale is Now Live
4.11.2020
PRESS RELEASE. Uniswap Dark is a uniswap fork that tackles impermanent and permanent loss. Our exchange provides a decentralized, peer-to-peer, and safe exchange platform with minimal fees and slippage to solve the problems. Usually, trading or swapping on Uniswap demands ERC-20 token to...
Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan
2.11.2020
The Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind...
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...
Binance exchange partner Simplex rolls out Tether to euro offramp
29.10.2020
Over 200 firms in Simplex’s network can enable euro cashouts from Tether
DefiDollar Raises $1.2M to Be the Risk-Insured Stablecoin Layer for DeFi
28.10.2020
India-based DefiDollar has raised $1.2 million in a seed round led by Divergence Ventures, Standard Crypto and Accomplice
The blockchain revolution is already here, say Alex and Don Tapscott
28.10.2020
Tech evangelists Alex and Don Tapscott believe blockchain will “rewrite the economic power grid and the old social order.”
After Praising Bitcoin, JPMorgan Pushes JPM Coin, Sets Up Dedicated Crypto Unit
28.10.2020
JPMorgan Chase has revealed that its own JPM Coin is now being used commercially by a large tech company. The company has set up a dedicated crypto business unit with a focus on cross-border payments. This news follows a group of JPMorgan analysts praising bitcoin as an alternative investment...
Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange
27.10.2020
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company but crypto proponents have learned about the upcoming support for assets like bitcoin...
JPMorgan's stablecoin finally sees commercial light of day
27.10.2020
JPMorgan Chase now recognizes blockchain's profitability and has created a new business dedicated to digital currency and blockchain work
Tether Froze $300K of Stablecoin Hacked After Victims Left Wallet Keys in Evernote
26.10.2020
The U.S. government is pursuing a civil forfeiture claim on the more than 300,000 units of the tether (USDT) cryptocurrency said to have been stolen earlier this year
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Stablecoins went wild in the days before Bitcoin’s recent surge
23.10.2020
Retail investors are buying into Bitcoin, says CryptoQuant CEO
Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
23.10.2020
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China