US Regulators Might Ban Algorithmic Stablecoins Like TerraUSD For 2 Years
Mark AckmanThe United States has recorded increasing interest in cryptocurrencies in the last few years. During 2020 and 2021, interest in…
US Draft Bill To Ban Algorithmic Stablecoins For 2 Years
Alicia MaherA draft legislation for stablecoins in the US House of Rep could place a ban of 2 years on recent…
Russia’s Rostec To Test Crypto Usage For International Trade
Russia's major tech firm, Rostec, has undertaken a project to test the usage of digital assets for cross-border trading. The…
Binance Set To Restrict Deposit And Withdrawal For LUNC and USTC
Binance exchange declared the coming suspension of the withdrawal and deposit services of Terra Classic USD (USTC) and Terra Classic…
Terra’s USTC, LUNC Rise to a Combined 44%: Deciphering The Puzzle
Franklin SmithThe crypto market saw some events within the past 24 hours which seemed inexplicable. True enough, these puzzling incidences have…
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Uniswap (UNI)
Why Uniswap (UNI) Was Soaring in a ‘Sluggish’ Start of the Week
Despite the otherwise tricky start on Monday, Uniswap managed to maintain its upside trajectory. That comes as the blockchain saw…
FTX US Crypto Exchange Is Launching Stock Trading Against Stablecoins
Nathan FergusonFTX, a well-known crypto exchange, is turning toward equity trading as FTX US (which is its subsidiary in the United…
Is USDD Primed for Similar Systemic Issues that Crashed UST?
Solomon OdunayoGlobal investors are yet to recover from Terra's UST crisis, and similar threats appear impending. Tron DAO's USDD stablecoin, introduced…
UK’s Treasury Department Might Legalize Stablecoins Despite UST’s Crash
The hint by the UK's treasury department to approve stablecoins as a legal tender has come as a massive shock…
Terra List Measures to Save Falling UST
The cryptocurrency market is in one of its worst bearish seasons, as BTC and other major altcoins have witnessed a…
USDT Also Loses Its Peg. Is It About To Fall Like UST?
Multiple on-chain analytics show that the leading stablecoin globally (USDT) is under intense selling pressure following the widespread decline in…
“We Are Not Selling UST’s BTC Holdings,” Terraform Labs Founder Cries Out
Multiple data analytics suggest that Terraform Labs have been withdrawing liquidity from the UST ecosystem. On Sunday, top crypto researcher,…
Cardano Plans To Launch An Algorithmic Stablecoin To Rival Terra’s UST
Since the introduction of the algorithmic stablecoin to the public consciousness, the new creation has become a buzzword for many…
Washingont DC’s Bipartisan Group Of Lawmakers Introduce A Bill To Regulate Crypto Exchanges And Stablecoins
A D.C.-based team of policymakers released an amended bill recently for the regulation of crypto exchanges, dealers, developers, as well…