Why Is FTX Selling Millions Of Stablecoins?
FTX and Binance saga might result in some serious problems in the already challenged cryptocurrency market. ...
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Tag: stablecoins
How Many Cryptocurrencies Are There In 2022?
There are 21,888 cryptocurrencies as of November 30, 2022. The idea of anonymous cryptographic electronic money ...
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GMX Decentralized Exchange Suffered $565K Price Manipulation ‘Exploit’
On September 2, a founder of a decentralized exchange (DEX) competitor to GMX said that an ...
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EU Ready To Tame ‘Wild West’ With New Crypto Market Regulations
Crypto firms will require a license and customer safeguards to issue and sell digital tokens in ...
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USDD Stubbornly De-pegged Despite Tron DAO Reserve Sinking Billions Into It
Tron’s USDD stablecoin is still below the expected 1:1 ratio with the USD despite Justin Sun ...
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Magic Internet Money Toke Depegs, Terra LUNA Domino Effect Continues
Citing an insider scoop, Autism Capital alleged that Abracadabra accrued around $12 million in bad debt ...
Read moreTRON’s USDD Stablecoin Loses Its USD Pegs, Billions Needed To Recover
The latest reports reveal that USDD has experienced a small de-peg but TronDAO reserve will deploy ...
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Beanstalk Farms Loses $182M In A DeFi Governance Hack
Beanstalk Farms, a credit-based stablecoin protocol, confirmed that it lost all of its $182 million collateral ...
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Chancellor Urges Royal Mint To Develop NFT
The United Kingdom government has now commissioned the Royal Mint to develop a nonfungible token (NFT) ...
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Hong Kong Monetary Authority (HKMA) To Oversee Stablecoin Reserves
The Hong Kong Monetary Authority (HKMA), Hong Kong’s central bank, aims to supervise stablecoin issuance and ...
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After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.