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Jewel Bank, Polygon to launch Bermuda's first USD-backed stablecoin
15.12.2022
The JUSD stablecoin will allow real-time settlements for institutional investors in the territory
Only 1% of people can handle crypto self-custody right now: Binance CEO
15.12.2022
Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange
Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber, Serena Williams...)
13.12.2022
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: Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber...
Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K
12.12.2022
All eyes are on this week’s Federal Reserve meeting, and BTC traders hope that positive strides against inflation trigger a run to $18,000
Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin
12.12.2022
The Jewel USD stablecoin will be launching on Polygon
Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital
12.12.2022
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project...
Tron's USDD Stablecoin Falls to Under $0.97, Lowest Level Since June
12.12.2022
The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets
Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’
11.12.2022
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly, high-up executives from crypto exchanges are members of...
Looking at DeFi's Untapped Potential
11.12.2022
Gwendolyn Regina is Investment Director at BNB Chain.__________
Decentralized finance (DeFi) is the largest and most innovative crypto vertical in the last two years. DeFi has used smart contract platforms as a base to develop a network of interconnected layers for decentralized financial...
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
9.12.2022
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching...
Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting
8.12.2022
WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token
Tether Adds Offshore Chinese Yuan to Its Stablecoin Offering – China Crypto Surge Coming?
8.12.2022
Tether, the company behind the largest stablecoin USDT, has expanded its offerings to include offshore Chinese Yuan (CNH₮) stablecoin on the Tron blockchain. The move will enable Chinese customers to send and receive payments in the stablecoin with fewer fees compared to the Ethereum blockchain. ...
Stablecoin framework is a near-term priority for Aussie regulators
8.12.2022
As stablecoins become widely used as a means of payment, Australia is preparing to regulate them accordingly
Ankr deploys $15M to make whole users as Helio stablecoin recovers after exploit
7.12.2022
Helio protocol had a total value locked of approx. $90 million before the incident
Japan recommends against algorithmic backing in stablecoins
7.12.2022
The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins
The impact of CBDCs on stablecoins with Bitget's Gracy Chen
6.12.2022
While CBDCs will cater to local demands, cooperation between countries could facilitate and support the widespread adoption of readily-available stablecoins
Founder Vitalik Buterin Reveals 5 Features That Excite Him the Most About Ethereum – The Last One May Surprise You
6.12.2022
In his latest blog post, Ethereum (ETH) co-founder Vitalik Buterin discussed "what in the Ethereum application ecosystem excites" him, including features related to money, identity, stablecoins, decentralization - and voting....
Read More: Founder Vitalik Buterin Reveals 5 Features That Excite...
Bitcoin bears beware! BTC holds $17K as support while the S&P 500 drops 1.5%
5.12.2022
BTC whales and market makers are holding their leveraged long positions, even though BTC failed to break above $17,400 on Dec. 5
The Members of Congress Who Have Stablecoin Issuers Watching Their Next Moves
5.12.2022
Anticipation for a crypto bill out of the House Financial Services Committee ran so high this year that stablecoin issuers have been trying to meet the bill’s expected standards before the rules are even set. That’s why Rep. Maxine Waters and Rep. Patrick McHenry are two of CoinDesk’s Most...
Stablecoin Issuer Circle Cancels Plan to Go Public
5.12.2022
The firm had announced plans to go public in July of 2021