Stablecoin

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

Source: en.wikipedia.org

Will Defi’s Stablecoin Dependence Prove Deadly?
Will Defi’s Stablecoin Dependence Prove Deadly?
November 17, 2022  |  Blockchain

The collapse of FTX raises some existential questions: Not just about that company, not just about cryptocurrencies, but of decentralized finance (DeFi) as well. At...

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FTX Reassures Investors As Binance Sells FTT Holdings
FTX Reassures Investors As Binance Sells FTT Holdings
November 07, 2022  |  Cryptocurrency

After Binance announced that it would begin liquidating its holdings of crypto exchange FTX’s FTT token, FTX CEO Sam Bankman-Fried tweeted that the exchange has...

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Coinbase Loses Half Billion Dollars and Half Million Customers in Q3
Coinbase Loses Half Billion Dollars and Half Million Customers in Q3
November 03, 2022  |  Cryptocurrency

Coinbase reported another brutal earnings miss in the third quarter of 2022, losing $545 million and missing earnings targets by a little and revenue by...

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Chainalysis Sees Growing Push for Crypto Regulation Amid Record Hacks
Chainalysis Sees Growing Push for Crypto Regulation Amid Record Hacks
October 31, 2022  |  Cryptocurrency

Crypto, which was born during the 2008-2009 financial crisis, is about to see how it handles the next one. That is something Michael Gronager, CEO...

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The Stablecoin Versus Real-Time Payments Debate
The Stablecoin Versus Real-Time Payments Debate
October 28, 2022  |  Cryptocurrency

Cryptocurrency supporters have long argued that one of the lowest-hanging fruits in the payments industry is cross-border payments, and that’s doubly true for stablecoins, which...

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Rep. McHenry: ‘Ugly Baby’ of Stablecoin Legislation Will Grow Into a Bill of ‘Practical Consequence’
Rep. McHenry: ‘Ugly Baby’ of Stablecoin Legislation Will Grow Into a Bill of ‘Practical Consequence’
October 24, 2022  |  Cryptocurrency

Congress is out of session. The midterm elections loom. Rep. Patrick McHenry (R-N.C.) told Karen Webster that regardless of the outcome, stablecoin regulation will be...

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CFTC’s Romero Wants New Definitions for Retail Investors
CFTC’s Romero Wants New Definitions for Retail Investors
October 16, 2022  |  Cryptocurrency

Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero said the agency needs to look at how it sets rules for retail investors, as it...

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Today in Crypto: Fraudster Takes $100M in Solana Heist; Fed’s Barr Calls Crypto Deposits ‘Liquidity Risks’
Today in Crypto: Fraudster Takes $100M in Solana Heist; Fed’s Barr Calls Crypto Deposits ‘Liquidity...
October 12, 2022  |  Cryptocurrency

A European Central Bank (ECB) study found that retail central bank digital currencies (rCBDCs), which would be used for everyday retail transactions, will see difficulties...

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Crypto Whale Pilfers $100M From Solana DeFi Platform Mango 
Crypto Whale Pilfers $100M From Solana DeFi Platform Mango 
October 12, 2022  |  Cryptocurrency

A crypto fraudster took off with an estimated $100 million after manipulating the token price of Mango using two accounts funded with the stablecoin USD...

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