Tag: stablecoins

What’s The Path Forward For LUNA?

LUNA holders are discussing how to rescue the network after the token crashed to near-zero. How did it come to the Lunar Crash? At the centerpiece...

Terra Taps Into BTC Reserves To Combat Peg Loss

The Luna Foundation Guard has announced that they will proactively work on restoring the TerraUSD (UST) peg. https://twitter.com/terra_money/status/1523749536379793408 TerraUSD dips below 0.70 USD The leading algorithmic stablecoin...

Can Beanstalk Recover From The Most Recent DeFi Hack?

The stablecoin protocol Beanstalk has suffered a hack where 182 million USD got stolen. Here’s how the devs plan to rescue the project. 76 million...

Neutrino USD Loses Peg Amidst WAVES Crash

The stablecoin Neutrino USD has fallen below 0.80 USD after a pseudonymous on-chain investigator accused the Waves team of market manipulation. https://twitter.com/0xHamz/status/1509581295621451779 USDN de-pegged despite healthy...

Bitcoin-Owning Senator Cynthia Lummis Wants To Introduce Crypto Bill

One of the staunchest supporters of the crypto industry in US politics seeks to introduce a comprehensive bill to provide regulatory clarity, according to...

Elizabeth Warren Calls DeFi The “Most Dangerous Part Of The Crypto...

In a Senate hearing concerning stablecoins, Elzabeth Warren has harshly criticised the DeFi sector once again. Warren yells at crypto Elizabeth Warren is known to be...

New Government In Germany Agrees On Permissive Crypto Legislation

Two months after the federal elections, the new government of Germany has drafted a coalition agreement with implications for the crypto sector. Coalition wants “swift...

Elizabeth Warren Calls For Immediate Termination Of Facebook’s Novi Wallet

A group of US senators led by Elizabeth Warren has sent a letter to Mark Zuckerberg, urging him to immediately close down the Novi...

LUNA Price Hits ATH Thanks To Funding Initiative And Mainnet Upgrade

Terra (LUNA) has hit a new all-time high with a +31.5% price increase over the last three days. https://twitter.com/TheCryptoVyom/status/1437201866442608645 Terra spends 150 Million USD on Ecosystem...

“Cryptocurrencies” And Stablecoins Are Assets, Not Currencies, Says ECB President

Christine Lagarde, the president of the European Central Bank, has spoken with Klaus Schwab about cryptocurrencies, stablecoins, and an upcoming European CBDC. "Cryptocurrencies are not...
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