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Beanstalk Stablecoin Protocol 'Barn Raise' Aims to Restore $77M in Lost Funds
2.6.2022
The protocol was hit by a $182 million flash-loan attack in April
Co-Founder of Africa Focused Fintech: Traditional Banks Not Optimized to Serve the Unbanked
2.6.2022
For years, traditional financial institutions in different parts of the world have been attempting to narrow the financial exclusion gap by extending their services to the unbanked population. Yet for many reasons, these institutions still cannot avail their products and services to everyone that...
FTX’s Harrison Says Stablecoin Demand Will Survive Terra's Collapse
1.6.2022
CoinDesk interviewed FTX's Brett Harrison at the World Economic Forum's annual meeting 2022 last week
DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?
1.6.2022
In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY?
Binance’s CZ says he is ‘skeptical’ about the Terra relaunch
1.6.2022
Binance CEO CZ voices skepticism around the relaunch of the Terra blockchain and its new LUNA token following the latest fiasco
Undercollateralized USDN Stablecoin Needs Tweaking, Waves Founder Says
1.6.2022
“We have to work on the algorithm” after several depeggings from the dollar, Sasha Ivanov said on CoinDesk TV’s “First Mover” program
Tether’s reported bank partner Capital Union shares its crypto strategy
1.6.2022
Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services
Coin Race: Top Winners/Losers of May; Is Summer Coming for Crypto Holders?
1.6.2022
June is here, summer has arrived, and the outlook for the crypto market has in recent days finally seemed a bit brighter....
Read More: Coin Race: Top Winners/Losers of May; Is Summer Coming for Crypto Holders?
Aussie banks ANZ and NAB won’t 'endorse' retail speculation on crypto
1.6.2022
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ adding its happy it didn’t “go head long” into a cryptocurrency offering
UN agency head sees 'massive opportunities' in crypto: WEF 2022
31.5.2022
“Crypto is just another technology, it’s a matter of how is it being used. It can be used for good or for bad. From where we sit, we see massive opportunities," says the director of the UNICC
Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News
31.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News
UK government proposes additional safeguards against stablecoin failure risks
31.5.2022
The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return of customer funds in the event of a stablecoin collapse
Latin American Investors ‘Hoping to Ride Crypto Prices to the Moon’ as Adoption Set to Continue
31.5.2022
A report on the state of crypto in the Latin America region has concluded that adoption is likely to continue apace for the rest of the year – and will find fertile ground for growth in the world of cross-border payments and “crypto credit cards.”
The report was issued by Americas Market...
WAVES Skyrockets as Details of DeFi Revival Plan Unveiled, Still Down 85% from ATH
31.5.2022
The native token of the blockchain platform Waves (WAVES) has risen sharply in price this week, as a new master plan to bring back confidence in decentralized finance (DeFi) on the network has been unveiled.
At 11:08 UTC on Tuesday, WAVES stood at USD 9.2, up 63% over the past 24 hours and...
UK Government Proposes Stablecoin Safeguards After Terra Collapse
31.5.2022
The U.K. government has published a consultation paper that proposes a series of safeguards to protect investors against the risk of stablecoins
LUNA Rallies as Binance Airdrops Token to Users
31.5.2022
The price of the new Terra chain’s native token LUNA rose in the market on Tuesday, as the major exchange Binance airdropped it to users and listed it for trading earlier in the morning.
At the time of writing (09:37 UTC), LUNA traded at USD 8.54, up a massive 43.1% in the past...
China state media signals tighter crypto regulations in Terra aftermath
31.5.2022
China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse of Terra’s algorithmic stablecoin
Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism
30.5.2022
This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than...
MoneyGram to Support Transfers via Stablecoins, CEO Says Crypto is 'Obviously Here to Stay'
30.5.2022
Major money transfer company MoneyGram aims to launch a new service that would enable users to transfer money overseas via stablecoins.
The initiative comes in partnership with the Stellar (XLM) blockchain, a decentralized protocol specializing in cross-border transactions, and it would enable...
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...