Stablecoin
-
Web3 Vs. DeFi – Main Differences Explained
Ethereum blockchain and its smart contract functionality led to the development of an infrastructure that further facilitated the introduction of…
Read More » -
89% Still Believe In Centralized Exchanges Despite 2022’s Saga – Survey
According to a survey conducted by Paxos in January, most American cryptocurrency holders still have faith in intermediaries such as…
Read More » -
University of California Receives Crypto Contributions to Pursue Airborne Pathogens Research
On March 7, the University of California (UC) based in San Diego received $15 million wired through crypto assets from…
Read More » -
fewStones Partners with Triple A to Introduce Crypto Payment Option
The Singapore-based video production company fewStones has agreed to work with Triple A to integrate crypto payment features on its…
Read More » -
Babel Finance Repaying $766M by Offering Crypto-Backed Stablecoin
Babel Finance’s executive director announced plans to introduce a decentralized Finance (DeFi) platform to facilitate creditors’ repayment. The embattled crypto…
Read More » -
MicroStrategy Joins Tether and Coinbase in Divorcing Silvergate Capital as Stock Sinks
MicroStrategy ruled out speculations that a substantial portion of its bitcoin holdings were placed under custody of Silvergate Capital. The…
Read More » -
The Stablecoin Tussle: BUSD’s Market Cap Drops to $9.6B
Recent data shows that BUSD is displaying a downward trend in terms of its market value. Essentially, the coin’s market…
Read More » -
2023 Will Usher In Crypto Price Divergence – Bank Of America Study
2023 began for the crypto industry with more significant price appreciation than many expected. The latest report from the Bank…
Read More » -
Algorand blockchain-based Wallet MyAlgo Suffers $9.6M Exploit
Algorand chief technology officer John Woods conveyed an announcement confirming that 25 wallets suffered the exploit. The revelation prompted MyAlgo…
Read More » -
US Regulators Warn About the Market Vulnerabilities Inherent in Cryptos
The Federal Reserve led other banking regulators in a subsequent statement that warned banks that cryptos carry inherent market vulnerabilities.…
Read More » -
Platypus DeFi Attackers are Currently in French Police Custody
According to the DeFi platform, the French authorities have reportedly detained two individuals who are accused of carrying out an…
Read More » -
Private Crypto Embargo is Critical for India, Asserts IMF Head
At the G20 summit in Bengaluru, India, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), noted that…
Read More » -
Frax Finance Opts For Full Collateralization Amidst Stablecoin Crackdown
A recent announcement claimed that Frax Finance has voted to phase out the algorithmic backing of its native stablecoin in…
Read More » -
SEC Dominates Other US Regulators as Crypto Regulation Intensifies – JPMorgan
The US Securities and Exchange Commission (SEC) has been busy since the start of the year as it conducted several…
Read More » -
TrueUSD Stablecoin Issuer, Archblock To Use Chainlink’s Proof-Of-Reserves System For Verification
Archblock announced it intends to utilize the Chainlink proof-of-reserves verification system for TrueUSD. As part of the agreement, The Network…
Read More » -
Nigeria’s CBN Meets New York-Based Firm To Revive The eNaira
According to reports, the Central Bank of Nigeria (CBN) is discussing with new “technology partners” to create an enhanced system…
Read More »