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Vale Diem: How Facebook’s ambitious stablecoin project came to an end
2.2.2022
It only took Libra/Diem two years to come full circle from publishing its white paper to falling apart
Jack Dorsey: Diem was a waste of time, Meta should’ve focused on BTC
2.2.2022
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency
Mark Zuckerberg’s stablecoin project Diem officially shuts down
1.2.2022
Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency
Terra to Burn $4.5 Billion Worth of LUNA From Community Pool
13.11.2021
Terra, an algorithmic stablecoin project, will burn $4.5 billion worth of terra (LUNA), its native token, from its community pool. The decision was taken using the on-chain governance system, and according to proposals 133 and 134, the LUNA will be burned and swapped for the native stablecoin...
STASIS and Free TON DeFi Alliance Partners to Boost the Development of Free TON DeFi Ecosystem
6.7.2021
Free TON, a decentralized proof of stake blockchain powered by its community and STASIS, a EU compliant EURS stablecoin project, partnered to make DeFi more functional and affordable for everyone. The STASIS team will be deploying their protocol to the Free TON ecosystem, so that their stablecoin...
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
Algorithmic stablecoin project Neutrino launches staking for its governance token
8.12.2020
The Waves-backed project will share a portion of protocol fees with NSBT holders
Yield-generating stablecoin project Origin Dollar exploited for $7M
17.11.2020
Origin Protocol has announced its yield-generating stablecoin protocol, OUSD, has been hacked and drained of at least $7 million
Raiffeisen Bank Bringing Blockchain Interoperability to Its Stablecoin Project
22.10.2020
Raiffeisen's stablecoin project is becoming blockchain-agnostic, adding interoperability tech from Bitpanda and the Technical University of Vienna
Libra Project: The Stablecoin Project to Watch Out for
4.4.2020
Currency happens to be the lifeblood of the global economic system. It is the pivot around which wheels of economic activities spin; however, with the emergence of the capitalist economy, the money power tends to be possessed only by a few ones. The inequality in the distribution of wealth is...
Libra Members Hedge Their Bets by Joining Rival Stablecoin Project
12.3.2020
Dubbed the “Celo Alliance for Prosperity,” the stablecoin project is backed by key Libra Association members such as Coinbase Ventures, Andreessen Horowitz and Anchorage
Joint Coinbase-Circle Stablecoin Project USDC Listed on Competitor Kraken
8.1.2020
Kraken lists stablecoin USDC
Facebook Hires on New Lobbyists for Libra Stablecoin Project
6.9.2019
Facebook has hired two more lobbyists to help the release of its forthcoming Libra stablecoin
Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash
22.7.2019
On June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex. This week...
500 Startups Backs $500k Seed Round for Stablecoin Project
9.4.2018
Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin