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Nalezeno "algorithmic": 120

Binance CEO CZ Explores Diversifying Stablecoin Strategy, Eyes Smaller Algorithmic Tokens

2.8.2023
During a Twitter "Ask Me Anything" (AMA) session on July 31, Binance CEO Changpeng "CZ" Zhao expressed his intention to introduce smaller algorithmic Stablecoins to the market for investors to have alternatives to the existing global Stablecoin giants. In the session, CZ highlighted concerns...

$22M of Curve Finance algo stablecoin minted since mainnet launch

4.5.2023
Decentralized finance protocol CurveDAO has successfully launched its algorithmic stablecoin crvUSD on the Ethereum network

FTX Investor Temasek Bets $10 Million On New Scalable Algorithmic Currency – Here’s How It Works

2.5.2023
Temasek, a Singapore government-owned firm, is doubling down on its crypto investment strategy with a $10 million injection into Array, a new scalable algorithmic currency that utilizes artificial intelligence and smart contracts. Despite suffering significant losses through its exposure to...

FTX investor Temasek pours $10M in algorithmic currency system Array

1.5.2023
The new algorithmic currency system aims to provide a more “stable, efficient, and scalable” asset than common coins like Bitcoin

Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%

28.4.2023
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem...

EU sets up research hub to analyze Big Tech's AI algorithms

19.4.2023
The research unit will be tasked with auditing the AI-backed algorithms used by large technology firms such as Google and Meta

9 examples of artificial intelligence in finance

6.4.2023
Discover how artificial intelligence is transforming the financial sector with nine examples of AI in finance

Do algorithmic stablecoins have a future as centralized coins are under scrutiny?

1.4.2023
Fiat stablecoins are too deeply rooted in exchanges for algorithmic stablecoins to rise, according to some experts

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse

14.3.2023
The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra...

Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

6.3.2023
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model

Frax Finance to retire algorithmic backing amid stablecoin crackdown

23.2.2023
The vote was passed to fully collateralize Frax Finance's native stablecoin, thus phasing out its algorithmic backing

Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin

23.2.2023
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element

Hope Finance exploit results in $2M stolen from users' funds

21.2.2023
An Arbitrum-based algorithmic stablecoin project has fallen prey to a smart contract exploit, seeing $2 million stolen from users

Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs

17.2.2023
Delphi Lab's general counsel said the SEC was being "more thorough than usual" in its lawsuit against Terraform Labs and its co-founder Do Kwon

Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD

17.2.2023
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”

Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud

17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from...