Morgan Stanley puts forth their views on crypto regulations. New legislation upon cryptocurrency raises speculations. The U.S may soon come out with its own CBDC. One thing which completely confuses the entire crypto market of any nation, is the frequently changing rules and regulations being imposed on them. Indeed, such
The whole system’s failure has wiped out the ecology and shattered its trustworthiness. A situation where no multisig is involved is strange and hazardous. Theory, loss and response are only some of the reactions to Terra’s extinction. Because of the failure, many thought that this one was doomed. Tether’s Chief
Nox Bitcoin reimburses the money to UST holders who lost in the crash. Crypto users have queried whether Binance will follow suit. Nox promises to refund all UST holders at $1 rate despite the current price being low. The concerted attack in the crypto market is the significant crash of
There is a 15-minute guarantee on exchange rates when using BitPay at TAG. Many stable currencies are accepted, such as USDP, BUSD, and GUSD. TAG Heuer, a premium timepiece maker based in Switzerland, has partnered with BitPay to accept bitcoin and other cryptocurrencies as a mode of payment online, according
A two-week price drop of LUNA to $0.00 prompted Terraform Labs’ legal team to resign. The legal team’s resignation would not be the first in the crypto industry. Following the reported change in employment status for several Terraform Labs’ legal staff members, the long-running issue with Terraform Labs, the blockchain
The lack of liquidity was attributed in part to traders fleeing stablecoin pools. DEI’s price was $0.67 yesterday, down 31.9 percent in the last 24 hours. Stablecoins seem to be having a terrible time. Next in line to join the bandwagon is Fantom-based Deus Finance’s DEI, which recently fell from
Anchor’s total UST deposits dropped from $14 billion to a little over $11 billion. Terraform Labs is responsible for the whole Terra ecosystem’s operation and power. The algorithmic stablecoin backed by the U.S. dollar, UST, will be supported by $1.5 billion in bitcoin and terraUSD from Luna Foundation Guard (LFG)
Five prominent banks are presently working with TUSD. The auditing company Armanino is currently auditing TUSD. The TrueUSD (TUSD) stablecoin has revealed the names of five of its current bank partners who protect its USD reserves. As of now, the TUSD stablecoins USD assets are held in the custody of
Twitter artists will be among the first to use the new service offered by Stripe, a payment processor. Stablecoin payments will be possible on the Polygon blockchain, according to a statement released today. Stripe Connect, the company’s platform for integrating payments into online marketplaces, will be the first to provide
Geneva, Switzerland / April 21 / – H.E. Justin Sun, Founder of TRON, announced today in an open letter on Twitter that an all-new stablecoin is launching on the TRON blockchain, USDD (or Decentralized USD), marking its official entry into the field of decentralized stablecoin. TRON DAO will partner with
