2022-5-11 20:07 |
According to new reporting fromCoinDesk,Terraform Labs CEO Do Kwon was previously involved in stablecoin project Basis Cash under the pseudonym “Rick Sanchez.” If true, it would mean that UST is... origin »
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Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, the report said.
2024-8-2 18:25 | |
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TangibleDAO will discontinue its real estate-backed USDR stablecoin stablecoin project after it depegged on Oct. 11. In an Oct. 12 post on X (formerly Twitter), the project said the stablecoin has too many attack vectors in its design, and measures designed to protect its users were easily manipulated.
2023-10-12 15:30 | |
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The Facebook/Meta backed Diem Association has decided to wind up as regulatory opposition to its stablecoin project proves too great.
2022-3-25 14:00 | |
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Facebook, a global social networking platform is reportedly meeting with one of the top U. S. financial watchdogs, the Commodity Futures Trading Commission (CFTC), as part of plans to make the launch of its GlobalCoin stablecoin as frictionless as possible, according to a MarketWatch report on June 2, 2019.
2019-6-3 21:00 | |
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Stablecoins have begun playing an increasing role of importance in the cryptocurrrency world. That is only normal, as these digitized forms of fiat currency are easy to trade across the major exchanges.
2019-6-4 20:00 | |
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XRP collateralized token called USDX Major banks working on “utility settlement coin,” can launch in 2020 XRP has entered the realm of stablecoins as instead of fiat, this new project uses a crypto asset to peg the stablecoin.
2019-5-17 18:48 | |
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By CCN: According to Reuters sources, about 12 banks are investing in a blockchain ledger complete with digital cash. While it’s unclear which banks are currently participating in the $50 million project, a spokesman for Barclays told the news organization that “the Research & Development phase is coming to an end.
2019-5-17 05:58 | |
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This article was originally published by 8btc and written by Lylian Teng. The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green.
2019-5-15 19:01 | |
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One of the business development leads for MakerDAO (DAI) has mooted the possibility that the stablecoin project might compete against established blockchain remittance platforms, like XRP, the Stellar Network (XLM) or JPMorgan’s Quorum.
2019-5-14 18:35 | |
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Huobi Prime has unveiled the third project on its premium token sale platform, a stablecoin project with ambitions to become a universal store of value and “the future of money”. Reserve, an algorithmic stablecoin initiative and payments network for emerging markets, will launch its protocol token, known as Reserve Rights (RSR) on Huobi Prime by […] The post Huobi Partners With Reserve For New Token Sale: A Stablecoin For Venezuela appeared first on Crypto Briefing.
2019-5-13 19:59 | |
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By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players.
2019-5-9 12:49 | |
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Facebook’s stablecoin remains secretive, but new details continue to surface. According to the latest reports, Facebook Coin aims to disrupt the online payments market, potentially rivaling WeChat, Visa, WesternUnion, etc
2019-5-9 09:35 | |
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The firm behind Maker [MKR], and crypto-collateralized stablecoin DAI project, have disclosed a key issue with respect to its internal governance voting contract. Revealed in a Reddit post, the Maker Foundation stated that this finding will result in a “need to make a critical update.
2019-5-7 16:30 | |
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According to a recent report released by the Wall Street Journal a few days ago, Facebook is building a network of online merchants and financial institutions to accept its virtual currency. The largest social network around the world wants to raise $1 billion in funds in order to fund its stablecoin project called Project Libra. […]
2019-5-5 19:22 | |
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By CCN. com: In its neverending conquest to take over the world, Facebook is building a network of online merchants and financial institutions to support its secretive new cryptocurrency. The Wall Street Journal reports that Mark Zuckerberg’s war machine is looking for $1 billion to fund the secretive stablecoin project, Project Libra, and is talking with heavyweights like Visa and Mastercard to get that cash.
2019-5-5 21:15 | |
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While details have remained scarce, Facebook’s plans to create its own cryptocurrency have not exactly been secret. But with its latest announcement, Facebook looks to be developing its own stablecoin-backed payment system, The Wall Street Journal reports.
2019-5-3 11:00 | |
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The Ontology (ONT) project will have the US Dollar backed PAX stablecoin launch on its blockchain, the project announced… The post Ontology To Power Paxos, One of the Most Popular Crypto Stablecoin appeared first on Invest In Blockchain.
2019-4-29 12:07 | |
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Ontology (ONT) is expecting to be launching a version of the stablecoin Paxos Standard (PAX) on its blockchain. The information was released by the blockchain network and project in a recently published press release.
2019-4-29 03:04 | |
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CryptoNinjas On Friday of this week, Ontology, a public blockchain project, and a distributed trust collaboration platform, announced its plans to launch Paxos Standard (PAX) a regulated USD stablecoin, on the Ontology blockchain.
2019-4-28 16:12 | |
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Penned by the stablecoin project's former CTO, "Zandy's Story" paints a clear picture of MakerDAO's current turmoil.
2019-4-27 23:22 | |
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In the last couple of days, TRON has announced the launch of the USDT issued by Tether on their blockchain network. The launch took months of preparation following the announcement that the two projects would be partnering.
2019-4-19 17:31 | |
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The Neutral Dollar Project describes itself as a superior digital dollar. According to the platform, “By aggregating a basket of other stablecoins, the Neutral Dollar generates a lower volatility token with a more subdued risk profile than any individual stablecoin today.
2019-4-17 18:41 | |
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An aggregate stablecoin project has omitted both Tether (USDT) and Gemini dollar (GUSD) from its basket. The Neutral Dollar Project, which is based on the average value of several dollar-backed tokens, has told Crypto Briefing that neither GUSD nor Tether met the project’s requirements for inclusion.
2019-4-17 22:50 | |
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Facebook’s stablecoin project, which is now something of an open secret, seems to be drawing nearer. Last week, major news sources revealed that Facebook has been seeking massive investments from venture capital firms.
2019-4-15 19:02 | |
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The largest world social network is looking for venture investors who are willing to finance its project of stablecoin pegged to fiat currencies. Facebook allegedly needs $1 billion of VC funding.
2019-4-10 23:07 | |
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Facebook has hinted at creating its own digital asset for WhatsApp usage, and now the firm is on the lookout for capital dedicated to this project.
2019-4-9 17:26 | |
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Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its crypto as a stablecoin for WhatsApp using a basket of foreign currencies as collateral.
2019-4-9 06:03 | |
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Facebook is looking at a hefty proposition in raising venture capital for its upcoming stablecoin project. According to New York Times reporter and long-time cryptocurrency writer Nathaniel Popper, the social media giant is looking at.
2019-4-9 02:36 | |
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Tron founder and CEO Justin Sun recently announced on the CryptoChick podcast that his crypto project would be officially collaborating with Ethereum. Wait, what? Justin Sun: Tron Will Collaborate with Ethereum This Year Justin Sun appeared on an episode of Rachel Wolfson’s TheCryptoChick podcast this week where he discussed the launch of the Tether stablecoin on Tron.
2019-4-8 01:00 | |
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CryptoNinjas Terra, a global project building the next-generation payment system powered by its stablecoin, has officially announced the development of its public blockchain. The upcoming Terra protocol utilizes the Cosmos SDK and runs on Tendermint, a Byzantine Fault Tolerant Proof-of-Stake (PoS) consensus algorithm developed in 2014 by Jae Kwon,.
2019-4-2 08:51 | |
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The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
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ADA, the native token of Cardano’s open-source blockchain project, has jumped 13. 7-percent since Thursday’s mid-session. At 1330 UTC, the ADA-to-dollar rate was trading at 0. 058, up 7.
2019-3-23 17:40 | |
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Facebook could be on the path to replace the US Dollar with its own crypto asset as a global currency, claims Ted Livingston. The founder and chief executive of the Kik messaging app projected the upcoming stablecoin project as a WeChat aspirant.
2019-3-21 18:23 | |
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Coinspeaker New ERC-20 Stablecoin Generates up to 45% Profit to Crypto InvestorsAllowing investors to get a 45% bonus during the additional sales stage, USDDex aims to attract the crypto community to active participation in the project.
2019-3-19 20:00 | |
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USDDEX, a Japan-based blockchain project, has announced that the token sale event for its USDDEX decentralized ERC-20 standard stablecoin reportedly pegged at 1:1 with the United States dollar will begin on March 19, 2019, and there’s a 45 percent bonus for all contributors, according to a press release shared with BTCManager on March 18, 2019.
2019-3-19 20:00 | |
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In the cryptocurrency world, thousands of projects are trying to gain traction these days. One of the projects often overlooked by most enthusiasts is Dash, even though it appears to be a more than solid project.
2019-3-18 12:45 | |
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Carbon Startup And AZTEC Protocol Sign Partnership To Create A Privacy Stablecoin On Ethereum The cryptocurrency startup Carbon has signed a partnership with AZTEC Protocol in order to create a new stablecoin on the Ethereum (ETH) network.
2019-3-16 02:25 | |
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Popular stablecoin Tether (USDT) – the world’s 9th largest cryptocurrency by means of market cap, has once again attracted the attention of the crypto community. As noticed by existing Tether investors, the project has removed previous claims that the stablecoin was entirely backed by US dollars.
2019-3-14 18:32 | |
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Somewhere on Facebook’s sprawling Menlo Park campus, 50 elite employees are tucked away in a secret office with separate key-card access. Behind these closed doors, a mysterious project is ongoing — one that could have a seismic impact on the world of cryptocurrency.
2019-3-13 22:00 | |
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CoinSpeaker Facebook Coin Could Bring $19 Billion Additional Revenue, Believes BarclaysOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.
2019-3-12 11:50 | |
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CoinSpeaker Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s WhyOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.
2019-3-12 11:50 | |
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Terra, a blockchain-powered payments platform has received an undisclosed investment from South Korean venture capital firm Kakao Ventures, reports Crowdfund Insider, March 4, 2019. Kakao Goes All in on Terra Saying that South Korea has emerged as one of the global hotbeds for everything blockchain and crypto wouldn’t be a stretch by any means.
2019-3-5 21:00 | |
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Facebook’s blockchain team has made a significant amount of progress on its secretive cryptocurrency project since Bloomberg first reported that the company was building a dollar-pegged stablecoin.
2019-3-1 21:13 | |
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J. P. Morgan Chase has announced “JPM Coin,” a blockchain token that will serve as both a stablecoin and a settlement tool. The financial giant has announced the coin on its official website, and the project has already garnered plenty of mainstream attention.
2019-2-15 17:23 | |
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Basis was an anticipated stable coin project. However, it shut down after facing too many regulatory problems. It then decided that it would return all capital to its investors. However, some of the investors are feeling slighted by this decision.
2019-2-12 22:30 | |
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The International Blockchain Monetary reserve is working on a stablecoin project known as the Reserve Currency Coin (ARCC), which is expected to solve public reporting problems and cut down on corruption.
2019-2-11 17:49 | |
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According to MakerDAO’s report on February 7, 2019, Dai, a stablecoin that runs on the Ethereum blockchain, has recorded a 20 percent average monthly growth in its number of users based on the number of active addresses, funds transferred within a specific period, and use cases for the altcoin.
2019-2-10 22:00 | |
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A Southeast Asian stablecoin project aims to neuter corruption. It places an incentive on public reporting of problems. The International Blockchain Monetary Reserve calls the Asia Reserve Currency Coin (ARCC) a “macroeconomic stablecoin.
2019-2-10 17:55 | |
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Phillip Potter, co-founder of Tether (USDT) and former CSO of sister firm Bitfinex, has joined the advisory board of a new stablecoin clearing house project
2019-2-5 19:01 | |
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Do Kwon, the former CEO of Terraform Labs, is currently under intensive investigation by US officials who allege that he committed fraud that affected over a million people worldwide. During Kwon’s trial in a New York court, prosecutors provided a detailed account of the far-reaching consequences of his alleged financial misconduct. Related Reading: Crypto Survival […]
On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62. 81 million, to a new address (bc1q5) on Sept. 2. While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following […] The post Terraform Labs moves $62.
Lawyers for Daniel Shin, co-founder of Terraform Labs, told a South Korean court that he did not contribute to Terra’s collapse in any way after being charged with fraud and embezzlement.
Coinspeaker Terra Founder Do Kwon Reportedly Arrested in Montenegro The news has already stirred the crypto ecosystem with many of the affected holders of LUNA yet to recover their losses.
Terra frontman Do Kwon was apprehended at Podgorica airport by Montenegrin police. He was previously believed to be hiding in Serbia. Six Months on the Run The law has finally...
USDC, the stablecoin tracing the USD, is under immense pressure as users rush to convert to other assets, including BUSD by Paxos and USDT by Tether Holdings. USDC Has De-pegged As USDC’s market cap rapidly shrinks, primarily because of mass exits, there has been a de-peg.
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.