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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
Solana-Based Cashio App Hit With an ‘Infinite Mint Glitch,’ CASH Stablecoin Drops to Zero
23.3.2022
A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and...
Stablecoin Cashio Suffers 'Infinite Glitch' Exploit, TVL Drops by $28M
23.3.2022
Cashio's CASH token has lost almost all its value, as of the time of writing
Top coins to buy in a bear market | Find out now on The Market Report live
22.3.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which coins you should consider buying in a bear market
Bitcoin hovers at $43K on Wall Street open amid growing fever over Terra's $3B BTC buy-in
22.3.2022
A major new BTC acquisition for Terra's new U.S. dollar stablecoin is getting commentators and the market excited
Luna token price is soaring, but is the network's growth sustainable?
21.3.2022
The last few months have seen Terra and its associated cryptocurrency LUNA surge in popularity. Is there more to this exponential growth than meets the eye?
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
20.3.2022
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good,...
Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine
16.3.2022
The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the...
'Millionaire' stablecoin wallet addresses surpass 12 million
16.3.2022
It appears the number of 'stablecoin millionaires' has been growing steadily throughout the year
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
15.3.2022
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around...
Which tokens should you buy and hodl in 2022? | Find out now on The Market Report live
15.3.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which tokens you should buy and hodl in 2022
RUNE Extends Rally After Interest-Free Loans, Synths Unveiled
15.3.2022
The price of RUNE, the native token of the THORChain decentralized finance (DeFi) ecosystem, has risen strongly for the past week after a slew of new features was unveiled, including synthetic assets and loans with no interest....
Read More: RUNE Extends Rally After Interest-Free Loans, Synths...
THORChain quietly outperforms crypto market in Q1 — Can RUNE price break $10 next?
15.3.2022
THORChain reveals plans to launch Terra's UST-like native stablecoin and "Thorfi."
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
15.3.2022
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s...
Altcoin Roundup: DeFi token prices are down, but utility is on the rise
11.3.2022
DeFi token prices leave a lot to be desired, but the sector’s real benefit is the lending and liquid staking options, not the price of useless governance tokens
Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether
11.3.2022
The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors...
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury
11.3.2022
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that...
CoinFLEX CEO Mark Lamb Explains How flexUSD Stacks up to Other Stablecoins
11.3.2022
CoinFLEX creates innovative solutions to bring investors and crypto markets together through intuitive yield products such as flexUSD, the world’s first interest-earning stablecoin, and AMM+, the most-capital efficient automated market maker in the world. CoinFLEX is backed by crypto...