Stablecoins

Ethereum (CRYPTO: ETH) creator Vitalik Buterin doesn’t believe the entire category of pure-crypto stablecoins should be dismissed after the collapse of Terra’s (CRYPTO: LUNA) stablecoin TerraUSD (CRYPTO: UST). What Happened: In a recent blog evaluating the automated stablecoins, Buterin...

Stablecoins have dominated the headlines in the world of cryptocurrency this week with the crash of several coins. The downward moves and negative connotations building for stablecoins could spell trouble for a SPAC deal that involves a leading stablecoin company. What Happened: A SPAC deal ...

The governance token of MakerDAO and Maker Protocol, Maker (MKR), emerged as the top gainer last week. The two protocols, based on Ethereum (CRYPTO: ETH), allow for the issuance and management of the DAI (DAI) stablecoin. Top Gainer of Week Ending May 16, 2022 (Data via CoinMarketCap)...

One of the biggest stories in the world of cryptocurrency this week has been the fall of a stablecoin and a coin associated with it. Here’s a look at how an investment in the cryptocurrency has fared in 2022. What Happened: The cryptocurrency market is crashing tand many of the largest coins...

The cryptocurrency market is crashing this week and many of the largest coins haven’t been able to escape the carnage of a potential crypto winter. Here’s a look at how far Bitcoin (CRYPTO: BTC) is from its all-time high. What Happened: The stablecoin TerraUST (CRYPTO: UST) and the...

Terra (CRYPTO: LUNA) has officially stopped block production as the blockchain’s native token hit a low of $0.000033 on Thursday. What Happened: An update on Twitter from the network’s official account confirmed that the Terra blockchain had “officially halted” at block...

One of the biggest names in the world of cryptocurrency shared thoughts on the current state of the global economy and inflation this week. What Happened: Charles Hoskinson is best known as one of the co-founders of Ethereum (CRYPTO: ETH) and the founder of Cardano (CRYPTO: ADA). Hoskinson could...

The Securities and Exchange Commission (SEC) is already investigating this week’s events concerning Terra (CRYPTO: LUNA) and TerraUSD (CRYPTO: UST), according to a report from The Block. What Happened: Two former SEC lawyers told The Block on Wednesday that the SEC is “already on the...

Market-wide panic ensued after Tether (CRYPTO: USDT) – the largest stablecoin by market cap – began losing its peg to the U.S. dollar. What Happened: According to data from Benzinga Pro, USDT fell to an all-time low of $0.948 across major exchanges like Coinbase Global Inc (NASDAQ...

Professional sports leagues have become more accepting of cryptocurrency and opened their doors to sponsorship opportunities. One deal signed earlier this year is now being called into question. What Happened: In February 2022, Major League Baseball’s Washington Nationals signed a $40 million...

Terra (CRYPTO: LUNA) and its native stablecoin TerraUSD (CRYPTO: UST) brought each other down in a cryptocurrency market catastrophe that would not be easy to forget. What Happened: Market data shows that Terra's price fell by over 97% from Wednesday's intraday high of $...

Stablecoins are cryptocurrencies that have their values tethered to assets such as the U.S. dollar, precious metals such as gold, real estate and even other cryptocurrencies in order to maintain value. They were created as a response to the crypto markets' well-known volatility, providing...

Recent research points to a sharp increase in the use of cryptocurrencies as means of payment among U.S. residents. What Happened: A report recently published by market analysis firm Insider Intelligence shows that this year cryptocurrency's transactional value is expected to increase by...

This article was originally published on Gokhshtein Media and appears here with permission. If you’re new to cryptocurrency, you probably already have many questions. I know I did. At the beginning of my crypto adventure, I was mainly confused about the types of coins and their functions,...

By Diane Dai, DODO co-founder. Without community-governed stablecoins, DeFi can’t achieve its goals of a more decentralized, community-centric financial system.  Since decentralized finance, or DeFi, emerged several years ago, its creators have been steadily delivering on their promises...