NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund
Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations.
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Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a…
Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
Despite crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets.
Scientists claim to have designed a fully decentralized stablecoin pegged to electricity
The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to transmit electricity almost for free.
Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX)…
Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation
Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin…
Ethereum price enters ‘oversold’ zone for the first time since November 2018
Ether's price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different?
Crypto Biz: Stablecoins are paving the way for mass adoption of crypto, June 2–8
Checkout.com, FTX, PayPal and Crypto.com headline the latest business news from the world of cryptocurrency and blockchain.
Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption
Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite.
MoneyGram’s USDC transfer service launches in several countries
The payment service, which is powered by the Stellar blockchain, will enable USDC settlement with MoneyGram in “near-real-time.”
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