Vitalik: How to create algo stablecoins that don’t turn into ponzis or collapse
“What we need is not stablecoin boosterism or stablecoin doomerism, but rather a return to principles-based thinking,” Vitalik Buterin emphasized.
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Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly…
Algorithmic Stablecoin Resiliency More Important Than Growth: Vitalik Buterin
Vitalik Buterin has shared his thoughts on algorithmic stablecoins in a blog post, arguing that protocols should strive for resiliency above all else. Withstanding Extreme Market Conditions Creator and co-founder...
IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST
The managing director of the International Monetary Fund (IMF) reportedly said that investors should not completely pull out of crypto after the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd…
Risk-Aversive Bets Reigned Amid Terra’s Notorious Plunge (Report)
Crypto exchange Bybit collaborated with blockchain analytics platform Nansen to publish another monthly report on the state of the crypto industry. It focused on the broader market condition, DeFi activities,…
Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of…
Investors Shouldn’t Abandon Crypto Because of Terra’s Collapse, Says IMF’s Managing Director
According to Kristalina Georgieva – the Managing Director of the International Monetary Fund (IMF) – the recent fiasco with LUNA and UST should not become a reason for people to…
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally,…
Stablecoins May Not Be Part of SEC’s Jurisdiction, Commissioner Peirce Says
The recent havoc in the crypto market wreaked by Terra’s collapse has put stablecoins under the spotlight again. As of now, the next move by America’s top financial watchdog (the…
Kevin O’Leary Expects US Crypto Regulations to Come Out After Midterm Elections
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections. He explained that President Joe Biden “is not interested…
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