Stablecoin
Terra 2.0 set to launch this week
Stablecoin News
Terra 2.0 set to launch this week
Stablecoin News

Hard Fork Vs Genesis Chain: Terra Team Clears Air Around Debate

In an effort to clear confusion over the amended Terra Ecosystem Revival Plan 2, the Terra team on Monday gave an explanation. Following the recent collapse, the Terra ecosystem has been trying to come up with a revival plan. As part of this, Terra had last week published an amendment to the proposal and made

Anvesh Reddy May 24, 2022

In an effort to clear confusion over the amended Terra Ecosystem Revival Plan 2, the Terra team on Monday gave an explanation. Following the recent collapse, the Terra ecosystem has been trying to come up with a revival plan. As part of this, Terra had last week published an amendment to the proposal and made

Terra 2.0 set to launch this week
Stablecoin News
Terra 2.0 set to launch this week
Stablecoin News

Another Top Exchange To Delist Terra UST Over Collapse

The Terra UST token faced the axe from popular cryptocurrency exchanges like Binance, BitMEX, OKX and FTX in the last few days. In a latest move, another top exchange Gemini joins the list of exchanges that announced or already have Terra delisted. Unprecedented meltdown witnessed in the Terra network on May 12 resulted in a

Anvesh Reddy May 21, 2022

The Terra UST token faced the axe from popular cryptocurrency exchanges like Binance, BitMEX, OKX and FTX in the last few days. In a latest move, another top exchange Gemini joins the list of exchanges that announced or already have Terra delisted. Unprecedented meltdown witnessed in the Terra network on May 12 resulted in a

Stablecoins a contentious topic for regulators
Stablecoin News
Stablecoins a contentious topic for regulators
Stablecoin News

Just In: Amid Crash, Market Expansion Could Boost This Stablecoin

After suffering brief resistance from traders following the Terra ecosystem meltdown recently, the USDD stablecoin appears to be regaining steadily. Adding to this trend is increasing market expansion for the Tron-backed stablecoin. Just few days before the Terra crash unfolded, the TRON DAO Reserve introduced USDD as a cryptocurrency with stable price and diverse use

Anvesh Reddy May 20, 2022

After suffering brief resistance from traders following the Terra ecosystem meltdown recently, the USDD stablecoin appears to be regaining steadily. Adding to this trend is increasing market expansion for the Tron-backed stablecoin. Just few days before the Terra crash unfolded, the TRON DAO Reserve introduced USDD as a cryptocurrency with stable price and diverse use

Altcoin News
Altcoin News

Breaking: Stablecoin Tether ($USDT) Reveals Reserves Fully Backed In New Report

Stablecoin firm Tether Holdings Limited has come out to allay fears of a possible USD/USDT decline after the stablecoin lost its peg to the US dollar last week amid $UST crash. Tether (USDT), the world’s largest stablecoin, lost it’s peg to the US dollar, earlier this month sending a wave of fear among investors and

Sunil Sharma May 19, 2022

Stablecoin firm Tether Holdings Limited has come out to allay fears of a possible USD/USDT decline after the stablecoin lost its peg to the US dollar last week amid $UST crash. Tether (USDT), the world’s largest stablecoin, lost it’s peg to the US dollar, earlier this month sending a wave of fear among investors and

Tether Is Trying To Support The USDT Peg, Here's How
Stablecoin News
Tether Is Trying To Support The USDT Peg, Here's How
Stablecoin News

Just In: Latest Report On Tether’s Fund Reserves

In what could prove to be a sigh of relief to crypto investors, Tether’s newly released attestation report reveals positive outlook on the stablecoin’s reserves. The company’s latest quarterly assurance opinion demonstrates the strength of Tether fund reserves. It reveals significant reductions in Tether’s commercial paper investments and an overall increase in U.S. treasury bills.

Anvesh Reddy May 19, 2022

In what could prove to be a sigh of relief to crypto investors, Tether’s newly released attestation report reveals positive outlook on the stablecoin’s reserves. The company’s latest quarterly assurance opinion demonstrates the strength of Tether fund reserves. It reveals significant reductions in Tether’s commercial paper investments and an overall increase in U.S. treasury bills.

Terra's hard fork plans were criticized on Twitter
Stablecoin News
Terra's hard fork plans were criticized on Twitter
Stablecoin News

Just In: Yet Another Crypto Exchange Delists LUNA Perpetual Swaps

Cryptocurrency exchange Bitfinex on Wednesday announced it will soon delist the LUNA perpetual swaps. The latest move adds Bitfinex to the list of exchanges that have already deslited LUNA swaps. In the last few days, Binance, BitMEX, OKX and FTX were among those exchanges which delisted the cryptocurrency. The move comes following huge meltdown in

Anvesh Reddy May 18, 2022

Cryptocurrency exchange Bitfinex on Wednesday announced it will soon delist the LUNA perpetual swaps. The latest move adds Bitfinex to the list of exchanges that have already deslited LUNA swaps. In the last few days, Binance, BitMEX, OKX and FTX were among those exchanges which delisted the cryptocurrency. The move comes following huge meltdown in

Kucoin project
Blockchain
Kucoin project
Blockchain

KuCoin Lists $UST Crisis Born Stablecoin $USDD; Details

The worldwide leading crypto exchange, KuCoin is all set to list the decentralized USD (USDD) on its platform. KuCoin will support USDD/USDT and USDD/USDC pairs effective today. The USDD protocol will be pegged to USD, globally the most applied fiat currency. Building the best Stablecoin USDD The KuCoin team was very proud to announce the

Sthuthie V Murthy May 17, 2022

The worldwide leading crypto exchange, KuCoin is all set to list the decentralized USD (USDD) on its platform. KuCoin will support USDD/USDT and USDD/USDC pairs effective today. The USDD protocol will be pegged to USD, globally the most applied fiat currency. Building the best Stablecoin USDD The KuCoin team was very proud to announce the

Stablecoins a contentious topic for regulators
Stablecoin News
Stablecoins a contentious topic for regulators
Stablecoin News

Stablecoin Meltdown: This Token Loses $7 Billion Within A Week

Ever since Tether temporarily lost the dollar peg last week, rampant liquidation appears to have happened. Apparently, the crypto crash induced by the depegging of another stablecoin, Terra’s UST has had significant effect on investor sentiment. Massive Tether Liquidation According to CoinGecko data, as much as $7 billion worth of Tether has been liquidated in

Anvesh Reddy May 18, 2022

Ever since Tether temporarily lost the dollar peg last week, rampant liquidation appears to have happened. Apparently, the crypto crash induced by the depegging of another stablecoin, Terra’s UST has had significant effect on investor sentiment. Massive Tether Liquidation According to CoinGecko data, as much as $7 billion worth of Tether has been liquidated in

What-Is-a-Stablecoin
Altcoin News
What-Is-a-Stablecoin
Altcoin News

Another Stablecoin Follows LUNA $UST, Crashes Within Hours

Last week saw chaos in the cryptocurrency market due to the unprecedented crash of Terra’s UST stablecoin and LUNA. The crash resulted in traders debating about the trustworthiness of stablecoins, the latest being DEI price. This adds $DEI to other algorithmic stablecoins including UST and USDT which have also lost their peg to the dollar.

Anvesh Reddy May 16, 2022

Last week saw chaos in the cryptocurrency market due to the unprecedented crash of Terra’s UST stablecoin and LUNA. The crash resulted in traders debating about the trustworthiness of stablecoins, the latest being DEI price. This adds $DEI to other algorithmic stablecoins including UST and USDT which have also lost their peg to the dollar.

TRON TRX
Blockchain News
TRON TRX
Blockchain News

Just In: Tron’s New Addition Takes Stablecoin Supply Beyond $1 Billion

The TRON DAO Reserve increased the supply of USDC stalecoin by $260 million on the TRON network. The new addition takes total circulating supply of Tron’s USDC stablecoin supply to $1.241 billion. This comes after Tron’s purchase of several stablecoins of late. On Friday, the TRON DAO Reserve increased the supply of USDC by $400

Anvesh Reddy May 14, 2022

The TRON DAO Reserve increased the supply of USDC stalecoin by $260 million on the TRON network. The new addition takes total circulating supply of Tron’s USDC stablecoin supply to $1.241 billion. This comes after Tron’s purchase of several stablecoins of late. On Friday, the TRON DAO Reserve increased the supply of USDC by $400

Stablecoins a contentious topic for regulators
Altcoin News
Stablecoins a contentious topic for regulators
Altcoin News

This LUNA $UST Stablecoin Rival Makes Positive Strides Amid Crash

In the midst of an unprecedented meltdown of the Terra blockchain and the market’s subsequent testing of stablecoin prices, another algorithmic stablecoin is making significant strides. In a latest move, Tron’s USDD stablecoin has been officially listed on the Huobi exchange on Friday. The move could significantly help the stablecoin expand its base further. TRON

Anvesh Reddy May 13, 2022

In the midst of an unprecedented meltdown of the Terra blockchain and the market’s subsequent testing of stablecoin prices, another algorithmic stablecoin is making significant strides. In a latest move, Tron’s USDD stablecoin has been officially listed on the Huobi exchange on Friday. The move could significantly help the stablecoin expand its base further. TRON

Stablecoins a contentious topic for regulators
News
Stablecoins a contentious topic for regulators
News

Scoop: What’s Behind Crypto Stablecoin Crash?

The crash of Terra’s UST has sparked serious debate over the future of the stablecoin space, while severely denting crypto market sentiment. UST de-pegged from the dollar earlier this week, and has since struggled to regain its 1:1 peg. Corrective measures from founder Do Kwon and the Luna Foundation Guard have done little to remedy

Ambar Warrick May 12, 2022

The crash of Terra’s UST has sparked serious debate over the future of the stablecoin space, while severely denting crypto market sentiment. UST de-pegged from the dollar earlier this week, and has since struggled to regain its 1:1 peg. Corrective measures from founder Do Kwon and the Luna Foundation Guard have done little to remedy

News
News

After Terra, Is Tron Next? TRX Short Interest Skyrockets

Tron Founder Justin Sun said he will deploy a $2 billion reserve to protect TRX against heightened short interest. As the Cryptocurrency bloodbath intensifies many crypto leaders are announcing plans and strategies to counter it. Terra founder Do Kwon recently announced plans to revitalize the UST stablecoin, but prices crashed regardless. Will USDD mirror UST’s

Ashish Kumar May 11, 2022

Tron Founder Justin Sun said he will deploy a $2 billion reserve to protect TRX against heightened short interest. As the Cryptocurrency bloodbath intensifies many crypto leaders are announcing plans and strategies to counter it. Terra founder Do Kwon recently announced plans to revitalize the UST stablecoin, but prices crashed regardless. Will USDD mirror UST’s

Tron is building its stablecoin reserve
News
Tron is building its stablecoin reserve
News

As Prices Plummet, Tron Buys 500 Bitcoin For Its Stablecoin Reserve

Tron founder Justin Sun said on Tuesday that the blockchain had capitalized on a recent drop in Bitcoin (BTC) prices and bought 500 tokens. The tokens were purchased for $15.5 million, representing an average price of $31,031. BTC is currently trading around $31,900- having slightly recovered from an overnight crash to $29,000. Tron said the

Ambar Warrick May 10, 2022

Tron founder Justin Sun said on Tuesday that the blockchain had capitalized on a recent drop in Bitcoin (BTC) prices and bought 500 tokens. The tokens were purchased for $15.5 million, representing an average price of $31,031. BTC is currently trading around $31,900- having slightly recovered from an overnight crash to $29,000. Tron said the

Another New Entrant Into Decentralized Algorithmic Stablecoin Space
News
Another New Entrant Into Decentralized Algorithmic Stablecoin Space
News

Another New Stablecoin? This Blockchain Will Compete With Terra, Near

After Tron and NEAR Protocol announced decentralized algorithmic stablecoin plans, IOST has now joined other crypto platforms to dive into the algorithmic stablecoin space. The success of Terra’s UST stablecoin has led to new entrants exploring this important asset class in the crypto market. IOST through its stablecoin wants to further improve the benefits of

Varinder Singh May 6, 2022

After Tron and NEAR Protocol announced decentralized algorithmic stablecoin plans, IOST has now joined other crypto platforms to dive into the algorithmic stablecoin space. The success of Terra’s UST stablecoin has led to new entrants exploring this important asset class in the crypto market. IOST through its stablecoin wants to further improve the benefits of

NEAR token jumps 10% from 3-week low
Altcoin News
NEAR token jumps 10% from 3-week low
Altcoin News

NEAR Token Rises On New Stablecoin Launch, Can It Rival Terra?

NEAR, the native token on the namesake protocol, surged on Tuesday as the blockchain’s widely anticipated stablecoin, USN, began trading. NEAR jumped nearly 10% from a three-week low, and is currently trading around $14.8. But tracking broader losses in the crypto market, the token is still down 12% over the past week. Trading in the

Ambar Warrick April 26, 2022

NEAR, the native token on the namesake protocol, surged on Tuesday as the blockchain’s widely anticipated stablecoin, USN, began trading. NEAR jumped nearly 10% from a three-week low, and is currently trading around $14.8. But tracking broader losses in the crypto market, the token is still down 12% over the past week. Trading in the

NEAR token jumps 10% from 3-week low
Altcoin News
NEAR token jumps 10% from 3-week low
Altcoin News

NEAR Protocol ($NEAR) Rallies 24% To Near All-Time High, Here’s Why

NEAR, the native token on the eponymous blockchain, rallied on Friday amid speculation that the protocol will introduce its own stablecoin. The token also benefited from a string of venture capital investments in the blockchain. NEAR was up about 24% in the past 24 hours, trading at $18.92- just a few dollars short of its

Ambar Warrick April 8, 2022

NEAR, the native token on the eponymous blockchain, rallied on Friday amid speculation that the protocol will introduce its own stablecoin. The token also benefited from a string of venture capital investments in the blockchain. NEAR was up about 24% in the past 24 hours, trading at $18.92- just a few dollars short of its

ETH Whales seen buying into utility tokens
News
ETH Whales seen buying into utility tokens
News

Crypto Whales Accumulating Stablecoins; Is This A “Buy The Dip” Opportunity?

Crypto whales appeared to be positioning to buy into a cheaper market, data showed. A recent drop in crypto prices saw a corresponding rise in stablecoin buying by whales. Stablecoins such as Tether (USDT), USD Coin (USDC) and DAI are commonly used to facilitate crypto buying. A trader exchanges fiat for stablecoins on an exchange,

Ambar Warrick April 7, 2022

Crypto whales appeared to be positioning to buy into a cheaper market, data showed. A recent drop in crypto prices saw a corresponding rise in stablecoin buying by whales. Stablecoins such as Tether (USDT), USD Coin (USDC) and DAI are commonly used to facilitate crypto buying. A trader exchanges fiat for stablecoins on an exchange,

USDC
News
USDC
News

Just-In: Circle Picks BNY As Custodian Of USDC Reserves

Financial infrastructure provider Circle Internet Financial said on Thursday it had picked Wall Street BNY Mellon as the primary custodian for the reserves backing its stablecoin USD Coin (USDC). Circle is the creator and the main operator of USDC, which was launched in 2018. The token has since grown to be one of the most

Ambar Warrick March 31, 2022

Financial infrastructure provider Circle Internet Financial said on Thursday it had picked Wall Street BNY Mellon as the primary custodian for the reserves backing its stablecoin USD Coin (USDC). Circle is the creator and the main operator of USDC, which was launched in 2018. The token has since grown to be one of the most

BOE Governor: Crypto Promotes Innovation, But Also Scams
Bitcoin News
BOE Governor: Crypto Promotes Innovation, But Also Scams
Bitcoin News

Breaking: Britain’s Central Bank Calls For Tougher Crypto Regulation

Britain’s central bank called on lawmakers to toughen regulations around cryptocurrencies, citing the potential for misuse of the technology in laundering money. In a summary of its March meetings, the Bank of England (BoE) noted that crypto market activity had risen since the Russian invasion of Ukraine. The bank acknowledged that while crypto assets were

Ambar Warrick March 24, 2022

Britain’s central bank called on lawmakers to toughen regulations around cryptocurrencies, citing the potential for misuse of the technology in laundering money. In a summary of its March meetings, the Bank of England (BoE) noted that crypto market activity had risen since the Russian invasion of Ukraine. The bank acknowledged that while crypto assets were