Browsing: Stablecoin
The U.S. Treasury Department imposed sanctions on virtual currency mixer Tornado Cash. Subsequently, Circle, the issuer of the USD Coin…
Developments around the open-source DeFi protocol, AAVE looks like a non-stop activity. In July, the community agreed to launch GHO,…
Interlay, a London-based blockchain firm, launched a Bitcoin (BTC)-based cross-chain bridge on Polkadot (DOT). Named interBTC (iBTC), the bridge allows…
Ethereum-based algorithmic stablecoin project Beanstalk Farms has relaunched its protocol just under four months after going offline after suffering a…
The Monetary Authority of Singapore (MAS) in response to a parliamentary inquiry, shared insights on how the Luna collapse affected…
The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins.…
The recovering market has been benevolent for many altcoins such as Synthetix, more so than others. In fact, in addition…
On July 28th, Solana-based decentralized finance protocol Nirvana Finance confirmed on twitter that it suffered a flash loan attack for…
Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail after dropping 85% from its United States dollar peg…
The International Monetary Fund’s (IMF) Director of Monetary and Capital Markets, Tobias Adrian, warned that more crypto projects might fail,…