stablecoin
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Tech News
Beanstalk’s Algorithmic Stablecoin Relaunches Four Months After Going Offline
Beanstalk Farms, an Ethereum-based algorithmic stablecoin project that previously suffered a disastrous $77 million (roughly Rs. 9.68 lakh) governance attack,…
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Brazil’s São Paulo Signs Argentine Football Player Giuliano Galoppo With Payments in USDC Stablecoin
Banfield, a beloved neighbourhood football club from the Argentine Primera División, has sold their star midfielder to Sao Paulo, one…
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IMF Exec Believes More Stablecoins Are Vulnerable to Runs and Sell-Offs
An International Monetary Fund (IMF) executive believes that there could be further drops in both equity and crypto markets in…
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Tech News
Profits Return to BTC, ETH; Market Cap of Crypto Sector Exceeds $1 Trillion
Majority cryptocurrencies opened with gains on Wednesday, July 20, giving the crypto price charts a healthy glow of green. With…
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FTX Has ‘A Few Billion’ to Support Industry, Claims Head Sam Bankman-Fried
Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a “few…
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Tether Announces to Reduce Commercial Paper Holdings by July End Amid Crypto Gloom
Tether, the world’s largest stablecoin, said on Friday it had cut its commercial paper holdings by around 58 percent as…
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Three Arrows Capital Accused of Exceeding Assets Threshold, Providing False Information
Singapore’s financial regulator has accused embattled crypto hedge fund Three Arrows Capital of exceeding its assets threshold and providing false…
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Tether to Launch ’GBPT’ Stablecoin Pegged to UK’s Pound Sterling Currency in July
Stablecoin project Tether is expanding the list of fiat currencies that can be pegged against its crypto status. Tether will…
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South Korea Hits Dozens With Travel Bans Amid Terraform Labs Crypto Probe
South Korean prosecutors have barred dozens of people connected to Terraform Labs from leaving the country as they expand an…
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TRON’s USDD Stablecoin Continues to Remain De-Pegged From the US Dollar
The TRON stablecoin USDD is meant to track the price of the dollar, but it’s struggled to maintain its peg…
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From BTC to DOGE and SHIB, Most Altcoins Swell With Gains Despite Stablecoins Seeing Losses
The crypto price charts are flashing a bold green colour next to majority altcoins, indicating at profits. Bitcoin stepped into…
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Tech News
Tether Co-Founder Thinks TerraUSD Crash Could Be the End for Algorithmic Stablecoins
The collapse of the algorithmic stablecoin TerraUSD has raised questions about the future survival of similar crypto assets and Tether…
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