Terra’s meltdown highlights benefits of CEX risk-management systems
[ad_1] The collapse of Terra’s ecosystem — namely, native coin LUNA and algorithmic stablecoin TerraUSD (UST) — rocked the wider blockchain and cryptocurrency ecosystem. Not...
Bitcoin stands apart from other crypto, and what that means for US public policy
[ad_1] United States President Joe Biden’s executive order on digital assets has kickstarted an interagency mission to support financial innovation while protecting American consumers and...
Do Kwon faces legal troubles in Korea, China remains a top contributor to Bitcoin mining, and Ethereum eyes ‘huge testing milestone’ ahead of merge: Hodler’s Digest, May 15-21
[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption...
Bitcoin’s Jumps above $30,000 could be a short term
[ad_1] Bitcoin (BTC) has managed to jump back above $30,000 after falling sharply in the last few weeks. There is hope the mega-cap coin is...
Do you have the right to redeem your stablecoin?
[ad_1] Stablecoins are often discussed with regard to their “stability.” It is usually questioned whether a stablecoin is sufficiently backed with money or other assets....
FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report
[ad_1] Sarah Pritchard, the executive director of markets at the United Kingdom’s Financial Conduct Authority, or FCA, reportedly said the regulator will look at the...
Panama’s president says he won’t sign crypto bill into law ’at this moment’
[ad_1] Laurentino Cortizo, the president of Panama, has said he won’t sign off on a crypto bill recently approved by the country’s National Assembly without...
UST aftermath: Is there any future for algorithmic stablecoins?
[ad_1] TerraUSD (UST) is an algorithmic stablecoin that is pegged at $1.00. But, on the evening of May 19, it was trading for $0.083.This isn’t...
G7 financial officials call on Financial Stability Board to step up crypto regulation—report
[ad_1] The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up...
Biden’s pick for Fed vice chair for supervision calls for congressional action on stablecoins
[ad_1] Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair...