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On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following…
Tether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash.
2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd…
Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million…
The U.S. Treasury Department’s sanctions against Tornado Cash have led MakerDAO founder Rune Christensen to believe that the DAI creator is endangered by its $3.5 billion worth of USDC collateral....
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022.
We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated.
Stablecoin issuers can blacklist interactions with the Tornado Cash dApp on the Ethereum smart contract level.
The Tether printers have been fired up again as the USDT circulating supply has started to tick up.
While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569…