Stablecoins may have suffered an identity crisis in 2022, but Tether CTO Paolo Ardoino is bullish about the utility the sector provides. Own this piece of history Collect this article as an NFT Stablecoins have been under much scrutiny after the implosion of the third-largest stablecoin by market cap, TerraUSD (UST), in May 2022. The […]
At its beginning, the defense fund will get a budgetplan of $5 million held in the DAI stablecoin. Own this piece of history Collect this post as an NFT According to a brand-new social post on Feb. 1, Maker decentralized self-governing company, or MakerDAO, hasactually authorized the development of a brand-new fund devoted to costs […]
His Majesty’s Treasury published a long-anticipated consultation paper for the upcoming crypto regulation. Own this piece of history Collect this article as an NFT His Majesty’s Treasury published a long-anticipated consultation paper for the United Kingdom’s upcoming crypto regulation. The extensive 80-page document covers a broad range of topics, from the troubles of algorithmic stablecoins […]
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit. Own this piece of history Collect this article as an NFT Since the fall of the Terra (LUNA) algorithmic-stablecoin in mid-2022, many users in the crypto space have developed a weariness towards that particular asset class. The […]
Bitcoin (BTC) cost broke above $22,500 on Jan. 20 and has giventhat been able to safeguard that level — collecting 40.5% gains in the month of January. The relocation accompanied enhancements in the stock market, which likewise rallied after China dropped COVID-19 limitations after 3 years of stringent pandemic controls. E-commerce and homeentertainment business lead […]
Circle has released its reserve report for December 2022 highlighting over-collateralized asset holdings currently backing 44.5 billion USDC tokens in circulation. 363 Total views 7 Total shares Own this piece of history Collect this article as an NFT USD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more […]
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive. Own this piece of history Collect this article as an NFT The United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations […]
The stablecoin market in general is going through hard times, though it’s the algorithmic coins that suffered the most. Own this piece of history Collect this article as an NFT The notorious failure of the Terra USD (UST) affected the crypto market in general, but it’s the algorithmic stablecoins alike that took the harshest punch. […]
A Jan. 25 report from the Financial Times which was widely shared characterized Circle as having “blamed” the SEC for its “jettisoned” public listing plan. 752 Total views 16 Total shares Own this piece of history Collect this article as an NFT A spokesperson for USD Coin (USDC) issuer Circle has denied reports that it […]
Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since. 87 Total views 2 Total shares Own this piece of history Collect this article as an NFT The chief executive of credit card giant Visa remains confident that blockchain-powered solutions can […]
Bitcoin (BTC) rallied 11% inbetween Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more noteworthy is the relocation brought need from Asia-based retail financiers, according to information from a secret stablecoin premium indication. Traders oughtto note that the tech-heavy Nasdaq 100 index likewise acquired […]
This marks the second “Big 4” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy. 949 Total views 42 Total shares Own this piece of history Collect this article as an NFT National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to […]