Stablecoin
Polcadot’s Acala Dips By 70% After Hackers Issued 1.2 Billion AUSD
Yet another DeFi protocol has been tampered by hackers, who, in the last couple of months, have succeeded in...
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Is MakerDAO Moving All Its USDC Funds to ETH? Vitalik Buterin Calls It Terrible Idea
In a big development, Rune Chirstensen, founder of MakerDAO has urged all the members to “seriously consider” preparing the...
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USDT Supply Ratio On Crypto Exchanges Spikes Exponentially, Here’s What It Means?
The USDT supply ratio on crypto exchanges witnessed a massive surge in three months. The space observed this development...
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Another Stablecoin Crash; This Time Its On Solana (SOL)
On July 28th, Solana-based decentralized finance protocol Nirvana Finance confirmed on twitter that it suffered a flash loan attack...
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Breaking: IMF Sees Stablecoins Can Lead To Another “Crypto Winter”
The crypto market is reeling under pressure as a result of contagion due to the Terra-LUNA crash in May...
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Tether (USDT) Whale Wallets Hit 3-Yr Low, What Does It Mean?
Ongoing aversion to Tether (USDT), the largest stablecoin, appears to have spread into its largest wallets, new data shows....
Read moreBreaking: China Court Rules Restrictions On USDT, Here’s Why
China’s Chaoyang Court on Wednesday in a labor dispute lawsuit ruled that companies can’t pay wages in Tether (USDT)....
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After Market Turmoil, USDC Issuer Circle Comes Clean Hinting No Liquidity Risks
The cryptocurrency market has been going through a very rough period with several crypto firms reporting insolvencies and bankruptcy....
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How Stable Is Tether? Data Shows USDT At Massive Liquidity Imbalance
The Tether stablecoin (USDT) appears to have failed in convincing investors that it is able to handle mass redemptions...
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Just In: USDC Parent Inks Major Pact With New York Bank
Circle, the issuer of USD Coin stablecoin, on Tuesday said it entered a custody partnership with New York Community...
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