Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro
On August 26, 2022, the algorithmic stable coin USDN lost its peg to the dollar once more. This time its value dropped to $0.90. This…
Journalists from the Wall Street Journal published an article that calls into question the reliability of Tether. Journalists believe that…
Rune Christensen, co-founder of MakerDAO suggested that the cancellation of the DAI binding from the dollar is the only sure way to…
On August 18, HUSD stablecoin began to lose its peg to the dollar, which caused great concern to the community. But thanks to Huobi’s quick…
Independent crypto researcher Ignas announced on his Twitter account why the Fei protocol will be closed.
Due to the sanctions against Tornado Cash, the market capitalization of the Tether stablecoin has grown by almost two billion dollars…
Due to the exploit in Acala’s liquidity pool about $3 billion was lost. The aUSD stablecoin lost its peg. Later, almost all the funds were returned in a controversial way.
Interlay has launched the interBTC (iBTC) on Polkadot. InterBTC, according to the developers, is an asset secured by 1 to 1 bitcoin with a…
