Tag: Stablecoin

Beanstalk Collects 5.5 Million USD In First Hour Of Rescue “Barn...

Beanstalk has launched a last-ditch effort to recoup the 77 million USD lost in April’s flashloan exploit. Barn Raise kicks off with a 500% “interest...

Zuckerberg Throws The Towel On Diem

Meta has officially scrapped its cryptocurrency plans, after multiple attempts to launch the stablecoin Diem failed. https://twitter.com/DiemAssociation/status/1488270981718495233 Silvergate to acquire Diem’s assets In a press release on...

Meta’s Novi Wallet Launches Trial For WhatsApp Users In The US

Mark Zuckerberg’s social media empire Meta is apparently ready to launch its long-planned digital wallet called Novi. https://twitter.com/skasriel/status/1468722859648307201 Novi coming to WhatsApp Via Twitter, Novi team lead...

Kolibri DAO And The Evolution Of The Tezos DeFi Ecosystem

In his latest interview, Tezos connoisseur Lukas Zuegg spoke with “shadowy super coders” Ryan Sears and Keefer Taylor about the evolution of DeFi on...

Compelling Returns, Less Risk: Is Gro Too Good To Be True? 

We all love rags-to-riches tales. People who bid their time on crypto investments have many to tell. However, there is an ugly side to...

Olympus DAO Founder Unveils Stablecoin Swap Protocol

The anonymous founder of Olympus DAO, who identifies himself as Zeus, has taken to Twitter to reveal his latest brainchild. https://twitter.com/ohmzeus/status/1452765658232590342 The pivotal concept behind the...

What Is OlympusDAO (OHM) And Why Is It On A Gaining...

As one would assume from the term, cryptocurrencies were initially meant to serve as crypto'currencies'. But how many of us would dare pay for our...

Synthetic Assets On Tezos – A Deep Look Inside Youves With...

On July 22, the synthetic asset platform “youves” launched on the Tezos blockchain. Since then, over three million tez (21.8 million USD) have been...

Tether Faces Regulatory Scrutiny Over Commercial Paper Reserves

The Acting Comptroller of the Currency, Michael Hsu, wants to take a deeper look into Tether’s reserves, especially those that are not cash equivalents. What...

Avalanche Onboards True USD And OIN Finance For Stablecoin Liquidity

Avalanche (AVAX) has partnered with True USD to make TUSD a native stablecoin asset on their DeFi-centric layer 1 blockchain. Additionally, Avalanche has been...
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