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Bitcoin (BTC) outlook as key whales increasingly accumulate stablecoins
The latest stats show a significant development from dip-pocketed stablecoin holders. That analytic platform reveals that whales have accumulated BinanceUSD, Dai, USDCoin, and Tether lately. However, the stablecoin wallet holder trend coincides with Bitcoin’s latest plunge beneath $30,000. дальше »
2023-7-31 13:30 | |
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Curve Finance Drained of $50M While CRV Token Sinks 12% in Latest DeFi Exploit
Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit with more than $100 million worth of cryptocurrency at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts of the Curve system. дальше »
2023-7-31 23:25 | |
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FDUSD: Is Binance’s Latest Addition Another Stablecoin By Tron’s Justin Sun?
Binance, the leading crypto exchange, has added a new stablecoin to its platform – First Digital USD (FDUSD) today. The stablecoin, issued by First Digital Trust, a Hong Kong-based digital asset custodian, has attracted attention and sparked controversy within the crypto community. дальше »
2023-7-27 01:00 | |
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Analyzing the impact of BNB Chain's latest burn event on its stablecoin ecosystem
With a market cap of $6.63 billion, BNB Chain was the third-largest repository for stablecoins. The market cap has shrunk considerably, nearly 27%, since February. Binance announced a major The post Analyzing the impact of BNB Chain's latest burn event on its stablecoin ecosystem appeared first on AMBCrypto. дальше »
2023-5-19 04:30 | |
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Tether to allocate 15% of its profits to purchase Bitcoin
The latest Tether news is that the company behind the leading stablecoin in the market USDT, is looking to allocate a portion of its profits towards the purchase of Bitcoin. The “investment strategy [is] aimed at further strengthening its reserves portfolio,” Tether said in a press release published on Wednesday. дальше »
2023-5-18 16:59 | |
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Solana's latest surge can kickoff a bullish wave — will SOL get up to speed?
Solana observes a spike in activity, stablecoin, and DEX volumes increase. The price of Solana continues to decline, however, stakers remain optimistic about the network. Solana [SOL], despiThe post Solana's latest surge can kickoff a bullish wave — will SOL get up to speed? appeared first on AMBCrypto. дальше »
2023-5-6 03:30 | |
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USDC Minting And Redemption Backlog Almost Cleared By Circle
USDC stablecoin investors panicked when Circle announced its exposure to the shuttered banks, and Circle’s latest report on USDC Reserves and attestation from Deloitte, the global audit company, confirms the connection. дальше »
2023-3-17 21:30 | |
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BitMEX Founder Arthur Hayes Proposes New Stablecoin Mechanism as CFTC Claims Jurisdiction
Arthur Hayes, the co-founder of crypto exchange BitMEX, suggested a novel stablecoin mechanism in his latest blog post. The post BitMEX Founder Arthur Hayes Proposes New Stablecoin Mechanism as CFTC Claims Jurisdiction appeared first on BeInCrypto. дальше »
2023-3-9 16:00 | |
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New milestone for Tron [TRX], but will that really be enough
TRX completed 5 billion transactions and also outperformed others in terms of stablecoin market cap However, TVL declined and market indicators remained bearish TRON's latest announcement The post New milestone for Tron [TRX], but will that really be enough appeared first on AMBCrypto. дальше »
2023-3-8 05:30 | |
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SEC To Sue Firm Behind Failed Terra Stablecoin, Terraform Labs
Nearly a year after the demise of Terra and it’s UST stablecoin, the SEC is in pursuit. It’s the latest in a suite of regulatory hammers that the Securities and Exchange Commission has been bringing to the pavement in crypto lately. дальше »
2023-2-17 01:36 | |
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Tether reports $700M profit for Q4’22
Stablecoin issuer Tether reported a $700 million profit for the fourth quarter of 2022, according to its latest attestation report published on February 9. The post Tether reports $700M profit for Q4’22 appeared first on CryptoSlate. дальше »
2023-2-9 16:25 | |
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USDD Stablecoin Faces Possible Collapse Amid Huobi Insolvency Rumors
The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin and popular crypto exchange Huobi. Mike Alfred, an investor serving as a board member of BTC miner Iris Energy and digital asset investment platform Eaglebrook Advisors, earlier today voiced out some warnings on USDD stablecoin and Huobi Exchange. дальше »
2023-1-6 14:00 | |
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Stablecoin Exit Of 2022: $14.3 Billion Redeemed Since March
2022 has been the year of mass exit from stablecoins as more than $14.3 billion has been redeemed from these tokens since March. Total Stablecoin Supply Is Down 8% From March 2022 Peak According to the latest weekly report from Glassnode, the stables observed expansion throughout 2020 and 2021. The relevant indicator here is the […] дальше »
2022-12-14 18:00 | |
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The latest proposal from MakerDAO could have this impact on DAI
MakerDAO voted to implement the DSR that would see DAI holders get 1% of their investments DAI, currently the fourth largest stablecoin, witnessed a decline in volume over the last 24 hours The post The latest proposal from MakerDAO could have this impact on DAI appeared first on AMBCrypto. дальше »
2022-12-3 20:30 | |
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US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year. дальше »
2022-11-16 21:41 | |
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TRON-Based USDD Stablecoin on Shaky Ground as It Depegs to $0.97
The fallout from this week’s crypto contagion continues to send shockwaves across the industry. The latest digital asset on thin ice is the TRON-based USDD stablecoin. The post TRON-Based USDD Stablecoin on Shaky Ground as It Depegs to $0.97 appeared first on BeInCrypto. дальше »
2022-11-10 10:30 | |
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First Mover Americas: Bitcoin Turns South Toward $20K, Huobi Cuts Ties With the HUSD Stablecoin
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 28, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »
2022-10-30 15:29 | |
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The latest SNX hype may have a stablecoin connection waiting to be explored
Synthetix [SNX] managed to pull off a solid uptick by more than 10% as of 17 October. This performance meant that it had outperformed many of the top cryptocurrencies during the same period. But canThe post The latest SNX hype may have a stablecoin connection waiting to be explored appeared first on AMBCrypto. дальше »
2022-10-18 14:30 | |
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Tether reduces commercial paper reserves for USDT to zero
Stablecoin issuer Tether has eliminated commercial papers from its USDT reserve, according to its latest reserve update. The post Tether reduces commercial paper reserves for USDT to zero appeared first on CryptoSlate. дальше »
2022-10-14 14:00 | |
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Celsius: Multiple state regulators move to stop stablecoin sale, details inside
Court filings made by the states of Texas and Vermont have become the latest developments in the Celsius bankruptcy saga. State regulators from both states have filed separate motions, objecting The post Celsius: Multiple state regulators move to stop stablecoin sale, details inside appeared first on AMBCrypto. дальше »
2022-9-30 15:00 | |
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Despite Declining Marketshare, USDT Still Remains Top Stablecoin
While USDT has observed a decline in its marketshare during the year 2022 so far, the stablecoin still retains its place at the top. USDT Is Still Number One In Stablecoin Market, USDC Remains 2nd According to the latest weekly report from Arcane Research, USDT’s share of the stablecoin market has now gone down to […] дальше »
2022-9-30 22:00 | |
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U.S Judge Orders Tether To Produce Financial Records Proving USDT’s Backing
Stablecoin issuer Tether has recieved a court order to produce financial records that prove the backings of its USDT. The Judge at Northern District Court New York, Katherine Polk Failla, issued the order for Tether on Tuesday upon the plaintiffs’ request to prove its reserves. дальше »
2022-9-22 12:23 | |
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Wanted? Do Kwon says he’s not ‘on the run’
The collapse of Terra (LUNA/USD) and its TerraUSD stablecoin project continues to feature in the latest crypto news nearly four months since the event (a $45 billion project just flushed down the drain) impacted millions of investors. дальше »
2022-9-19 15:15 | |
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Zero Bitcoin Fees & USDC Delisting: How Binance Is Pushing For Larger Marketshare
The crypto exchange Binance has recently continued to push for growth in its share of the Bitcoin volume, as well as the stablecoin market. Binance Zero Fees Leads To Big Surge In Bitcoin Trading Volume, Exchange Drops USDC Support As per the latest weekly report from Arcane Research, the volume on Binance has remained substantially […] дальше »
2022-9-8 22:00 | |
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Tether’s total assets fell by over $15B in Q2: report
Tether’s total assets as of the end of the last quarter stood around $66. 4 billion, the USDT issuer said in its latest quarterly assurance report. The stablecoin issuer, whose USDT token is the largest and most widely used in the world, said accounting firm BDO Italia had completed this assurance opinion. дальше »
2022-8-19 20:09 | |
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Huobi exited HUSD stablecoin deal before token depegged below $0.8
Huobi’s HUSD is the latest stablecoin to risk further de-pegging as it is currently trading below $0.8. The post Huobi exited HUSD stablecoin deal before token depegged below $0.8 appeared first on CryptoSlate. дальше »
2022-8-19 18:33 | |
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USDT takes this long stride to win the stablecoin battle with USDC
The battle between the top two stablecoins continues to see new feuds over land on a monthly basis, each taking turns to strategize their winning plays. So here's the latest fact check on the curreThe post USDT takes this long stride to win the stablecoin battle with USDC appeared first on AMBCrypto. дальше »
2022-8-15 17:30 | |
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Aave GHO Stablecoin Proposal Has Merit But Also Carries Risks
Stablecoins have become a big part of the cryptocurrency and decentralized finance industry. Julia Magas breaks down this latest offering. The post Aave GHO Stablecoin Proposal Has Merit But Also Carries Risks appeared first on BeInCrypto. дальше »
2022-8-12 02:25 | |
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Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks. дальше »
2022-7-21 00:01 | |
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South African-based Xago launches XEU stablecoin for EUR, joining XUS, XGB, USDC, XZR and XRP
Xago, a South Africa-based blockchain payment platform, announced today support for EUR with the launch of its latest stablecoin – XEU – backed 100% with fiat. XEU enables purchases, transfers, and payouts in euros, securely, compliantly, and within minutes. дальше »
2022-7-21 21:16 | |
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Can Aave Protocol's latest "stablecoin" bring some stability in the performance of AAVE?
One of the leading liquidity protocols, Aave Protocol [AAVE], proposed the creation of its stablecoin "GHO". This proposal by the Aave Protocol comes amidst an increased uncertainty related to the staThe post Can Aave Protocol's latest "stablecoin" bring some stability in the performance of AAVE? appeared first on AMBCrypto. дальше »
2022-7-8 15:30 | |
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ANZ’s stablecoin used to buy tokenized carbon credits
The latest A$DC transaction saw ANZ’s institutional partner Victor Smorgon use A$DC to purchase Australian Carbon Credit Units from blockchain-based carbon trading platform BetaCarbon. дальше »
2022-6-27 06:24 | |
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Will Magic Internet Money [MIM] become the latest domino to fall
The latest victim of the crypto crash looks set to be Abracadabra’s a U.S. dollar-pegged stablecoin Magic Internet Money (MIM). The talks of the de-pegging started to spread on 17 June. However, theThe post Will Magic Internet Money [MIM] become the latest domino to fall appeared first on AMBCrypto. дальше »
2022-6-18 16:30 | |
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Sotheby’s Holds Crypto Auction for Rare Ferrari Supercar
Sotheby's latest high-ticket auction involved the sale of a rare Ferrari supercar and was paid for using a crypto stablecoin. The post Sotheby’s Holds Crypto Auction for Rare Ferrari Supercar appeared first on BeInCrypto. дальше »
2022-6-17 04:46 | |
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Celsius CEO “Loses Voice” Two Days Before Halting All Withdrawals
The crypto-lending firm Celsius, which offers high-yield returns on user deposits, appears to be the latest to falter in the face of tightening financial conditions. It also came barely one month after the Terra-Luna stablecoin network collapsed. дальше »
2022-6-16 05:11 | |
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MuesliSwap to make Cardano’s overcollateralized algorithmic stablecoin Djed available
COTI, a DAG-protocol optimized for creating decentralized payment networks, today announced its latest partnership for Djed, Cardano’s overcollateralized algorithmic stablecoin, this time with MuesliSwap, soon to become the first hybrid DEX on Cardano. дальше »
2022-6-8 23:14 | |
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USDC Increasingly Becoming Preferred Stablecoin Over USDT
Latest data from Glassnode suggests USDC may be becoming the crypto market’s preferred stablecoin over USDT. USDC’s Supply Surged Up Recently, While USDT’s Plunged Down As per the latest weekly report from Glassnode, USDT has observed a large amount of redemptions recently, taking its supply down. дальше »
2022-5-20 22:00 | |
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Depegging debacle: Is DEI, hybrid algorithmic stablecoin, following UST's footsteps
Following the decimation of Terra’s UST and a temporal depegging of Tether’s USDT, Deus Finance (DEI) is the latest to suffer the same fate. The meltdown of the stablecoins Currently valued atThe post Depegging debacle: Is DEI, hybrid algorithmic stablecoin, following UST's footsteps appeared first on AMBCrypto. дальше »
2022-5-17 20:30 | |
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DEI Loses Peg Days After Terra’s Implosion, but Hong Kong Offers Way Out
The difficult patch for cryptocurrencies continues as Fantom’s DEI becomes the latest stablecoin to lose its peg to the U.S. dollar. The post DEI Loses Peg Days After Terra’s Implosion, but Hong Kong Offers Way Out appeared first on BeInCrypto. дальше »
2022-5-18 18:00 | |
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