Search
Tron Network USDD Stablecoin Wobbles from Dollar Peg Amid Latest Crypto Crisis
10.11.2022
The Tron network's algorithmic stablecoin, the $700 million USDD, fell to 97 cents from its supposed $1 anchor
EverEarn Co-Founder Dave Rahman Explains How to Build a Startup That Will Stand the Test of Time
9.11.2022
The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show that a new startup cryptocurrency can be run like a business from the beginning, without any false hype or empty promises, while providing increased passive stablecoin ($BUSD) payouts, and continue...
Novatti successfully launches its stablecoin AUDD
9.11.2022
Novatti successfully launches its very own created stablecoin, AUDD, with the aim and intention of effectively addressing the increasing requirement of a suitable and appropriate digital-based currency for utilizing in the case of blockchain-oriented applications. Presently, there is also the need...
Stablecoin Issuer Circle Plays Down FTX, Alameda Exposure
9.11.2022
FTX was one of the investors in Circle's 2021 financing round of $440 million
Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto Policy Council with US Politicians
8.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto...
Abracadabra's MIM Stablecoin Briefly Lost Dollar Peg as FTX's FTT Token Tanked
8.11.2022
FTT is the largest collateral backing MIM, accounting for 33% of the total locked in Abracadabra's "cauldrons."
Stablecoin GUSD’s Supply Jumps Close to 130% Higher in 30 Days
7.11.2022
While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% during the last 30 days. GUSD Sees Supply Balloon...
EverEarn Expanding to Ethereum Blockchain With $USDC Stablecoin Rewards
7.11.2022
PRESS RELEASE. It’s no secret to anyone that the past several months have been some of the worst performing markets in virtually every sector, thanks to the macroeconomic effects of high inflation around the world, alongside global uncertainty. The EverEarn team however has spent this time...
Southeast Asia and DeFi’s Big Bet on the Unbanked
7.11.2022
With 70% of the Southeast Asian population under/unbanked, DeFi solutions have positioned themselves as catalysts for financial transformation
Stablecoin Issuer Paxos Plans to Hire at Least 130 in Singapore: Report
7.11.2022
Paxos plans to make at least 130 hires in Singapore having obtained a central bank license to offer crypto products and services, Bloomberg reported Monday
FTX Token price risks 30% plunge as a 23M FTT 'part' moves to Binance
7.11.2022
Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
6.11.2022
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange...
Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round
5.11.2022
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan...
Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made $42M
4.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made...
Circle starts pouring money into its Reserve Fund, aims to fill it in 2023
4.11.2022
The Circle Reserve Fund is managed by BlackRock under the custody of Bank of New York Mellon
Canada to examine crypto, stablecoins, and CBDCs in new budget
4.11.2022
Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation
Canada Announces Crypto, Stablecoin Consultation in New Budget Statement
3.11.2022
Federal government plans to examine crypto, which it said is "transforming financial systems" around the world
Mastercard adds 7 blockchain startups to its crypto accelerator
3.11.2022
The crypto gateway provider Fasset and Singapore’s Digital Treasures Center are among the startups entering the latest Mastercard Start Path program
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
3.11.2022
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen...
Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services
2.11.2022
The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank in the country by assets, Unionbank, will leverage Metaco’s platform Harmonize to pilot...