Terra crash highlights stablecoin risk to financial stability: ECB
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.
Auto Added by WPeMatico
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency…
Officials from South Korea and the U.S. met this week to discuss topics including the investigation of May’s Terra collapse. Officials Discuss Terra Investigation Prosecutors in either hemisphere may be...
The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra Luna.
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June…
In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research…
LUNA2 may have bottomed in June, but just who is buying this controversial token?
Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized ecosystem like DeFi.
Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a "Ponzi scheme" in any case, China's BSN chair told Cointelegraph.
“There is no doubt that there are many more crimes to be discovered in your trail of destruction,” hacktivist group Anonymous said on its YouTube channel.