Tag: Stablecoin
Hackers steal $600 million in crypto from computer game
Frankfurt It is one of the biggest crypto thefts in history: hackers stole around 600 million dollars from the online computer game “Axie Infinity”. A total of 173,600 ethers and…
Solana-Based Stablecoin Protocol Has Been Hacked: The Price Of The $1-Pinched Altcoin Has Been Reset!
According to the developer’s statement wither based stablecoin protocol cashio The altcoin announced that it has been attacked by an “infinity bug”. 1 Dollar Indexed CASH Altcoin Price Reset! After…
Stablecoin Economy Approaches 200 Billion Dollars! USDN Rises 43% in One Month as UST Supply Rises!
In the past 12 months stablecoin Its economy has grown unexpectedly and is only $13 billion away from its current value of $200 billion. This month, Terra UST was the…
Ukrainian Deputy PM Asks Stablecoin Issuer Tether to Stop All Transactions by Russians
Ukraine’s Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov has called on stablecoin issuer Tether to stop all Russian transactions. March 11 Stating that the whole world united…
Fireblocks Acquires Stablecoin and Digital Asset Payment Platform First Digital
Digital asset custody platform Fireblocks Acquired First Digital, a stablecoin and digital asset payment platform, with the goal of expanding payment capabilities for the industry. fireblocks and FirstDigital by February…
Total Stablecoin Reserves on All Exchanges Hit a Record Level, So What Does It Mean?
Cryptocurrency markets continue to show a strong recovery to recover from the collapse it experienced a while ago. Bitcoin (BTC), which is accepted as a benchmark among cryptocurrencies, managed to…
US Treasury Official Addresses Urgency of Stablecoin Regulations
Nellie Liang, a U.S. Treasury Department official, is set to stress the importance of regulatory oversight of stablecoin issuers during her speech to Congress. Speaking to the Financial Services Committee,…
Meta’s Stablecoin Project “Diem” Has Ended
All assets of Meta’s stablecoin project Diem (formerly Libra) previously partnered with Sold to Silvergate Bank. Silvergate Bank On January 31st, It confirmed that it has purchased technology and other…
Meta Decides to End Stablecoin Project ‘Diem’
Meta (formerly Facebook), which has been planning to launch a digital currency called ‘Diem’ for years, has decided to terminate this project. In the news, it was stated that the…
Celo (CELO) Launches A Stablecoin Pegged To The Brazilian Local Currency
Mobile blockchain platform Celo (CELO) has announced the launch of cREAL, a stablecoin pegged to the Brazilian local currency. celo via the official Twitter account January 27 announced with a…
Meta Moves Away $200M From Stablecoin Project Diem -WSJ
California-based financial institution Silvergate Capital is buying the technical resources of the stablecoin project Diem, developed with Meta’s support, for $200 million. According to the news reported by the Wall…
Washington’s Great Interest Rate Oracle – Handelsblatt Morning Briefing
You can also overdo it with expectation management. There is probably no one left in the USA who, given seven percent inflation, does not expect interest rates to rise. But…
Bank of America: “Stablecoin Adoption and CBDC Will Be Inevitable”
Bank of America A recent note shared by analysts stated that a CBDC to be issued would be different from the dihytal currencies currently available because the CBDC would be…
What is stablecoin? Here are the questions
bitcoin and other cryptocurrencies It is extremely volatile, especially when compared to many financial instruments. This means that coin prices can suddenly rise and fall. This makes it difficult for…
PayPal To Launch Its Own Stablecoin – Coin Bulletin
Online payments company PayPal plans to launch its own stablecoin, PaypalCoin. PayPal’s stablecoin, which allows trading of some cryptocurrencies in the US and UK last year, will be released by…
Credit Rating Agency Fitch: “Improved Regulations Can Eliminate Stablecoin Risks”
In its report published on Tuesday, Fitch Ratings stated that with the finalization of remedial regulations regarding stablecoins, the risks will decrease, thus encouraging financial institutions to invest. Fitch, one…
Stablecoin Statement from the US Treasury Secretary
US Treasury Secretary Janet Yellen said stablecoins could lead to greater efficiency and contribute to easier payments, but require proper regulation. US Federal Reserve Chairman Jerome Powell and US Treasury…
Mastercard wants to accept Bitcoin as a means of payment
Credit card There are still no hardware devices in the supermarket to accept bitcoins: Mastercard therefore has to convert crypto-coins into an ordinary currency during the transaction. (Photo: AP) Dusseldorf…
Stablecoin Supply Records Its Fastest Growth Since June
The stablecoin supply started to rise again after being stable for a while. In the first half of this year, the stablecoin supply increased significantly as the crypto market rose.…
Anticipated Stablecoin Report Announced in the USA: Congress Summoned
The US Financial Markets Working Group (PWG) has called on Congress to include stablecoins under federal law as soon as possible. Federal Markets Working Group; He explained that the use…