Abracadabra’s MIM stablecoin took a major reputation and valuation hit today June 12 as it fell as low as $0.87 across ...
Benchmark's Mark Palmer says the comparison misreads what STRC is — a dividend-paying share backed indirectly by bitcoin, not ...
Stablecoins are digital currencies designed to maintain a direct one-to-one peg to a more stable underlying asset, like a ...
In the latest Solana news, SOFIUSD, a dollar-pegged stablecoin launched by SoFi, a publicly traded, bank-chartered fintech with 15.4 million members, on both the Ethereum and Solana networks in early ...
A recent ruling has clarified how one NZ dollar-backed crypto token fits within financial law. Just what does this mean for ...
In May 2021, the Luna stablecoin lost its algorithmic peg to the Dollar, which led to the erosion of $45 billion for cryptocurrencies and various other assets in the hours immediately following this ...
Within the crypto industry, one of the rallying cries has always been "decentralization." The only way to eliminate risk, according to the original crypto purists, was to decentralize everything as ...
Resolv’s USR stablecoin has broken its dollar peg in the wake of an $80 million security breach that severely strained its token supply. The incident, which struck at the core of the protocol’s ...
Do Hyeong Kwon, co-founder of Terraform Labs, on Tuesday pleaded guilty to two of the nine charges against him in a case about two cryptocurrencies that collapsed in May 2022 and erased $50 billion in ...
This article is the first in a four-part series that seeks to explain the intricacies of the stablecoin landscape. The mechanics of stablecoins are complex, and no comprehensive educational resource ...