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
Alicia MaherThe 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…
UST Surpasses BUSD To Become the Third-Largest Stablecoin
The UST (TerraUSD) stablecoin – a good developed by the Luna ecosystem – has outcompeted the BUSD (Binance USD) in…
Tether Has Finally Launched USDT On the Kusama Blockchain
Tether recently announced that it is brining USDT to Polkadot’s Side Network, called the Kusama Network. USDT on Kusama Network…
Circle Picks BNY Mellon As Its Primary Custodian For Its USDC Reserves
Circle Internet Financial – a peer-to-peer processor of payments – declared today that it has initiated a partnership with BNY…
Worldpay To Incorporate Direct Payment In Stablecoin USDC For Merchants
According to the New York Stock Exchange-listed (NYSE) financial service provider, FIS, Worldpay is set to offer merchants the means…