You Searched For "stablecoin price" and got 16 results
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2 mins read
Binance admits its stablecoin sometimes lost the full backing it needed to keep its price fixed at $1
The crypto exchange hadn't always maintained the necessary dollar reserves to keep its BUSD-linked …
George Glover
2 mins read
Terra's backers vote to keep luna alive and abandon stablecoin UST after its collapse drove a crypto meltdown
Terra now plans an airdrop of new luna starting Friday, but wallets with more than 1 million of old…
Hamza Fareed Malik
2 mins read
The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes
Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…
Zahra Tayeb
2 mins read
Stablecoin tether breaks its peg and drops to $0.95 as panic hits crypto markets after collapse of TerraUSD
Tether — which is supposed to be worth $1 — suffered its biggest drop in over a year as it dropped …
Harry Robertson
2 mins read
As Terra's stablecoin collapses and luna hits zero, the crypto project simply switches off its network
Terraform Labs has completely halted the network after luna plunged more than 99%, having earlier f…
Harry Robertson
2 mins read
TerraUSD stablecoin tumbles and luna token plunges 97% as rescue attempts fail to avert 'death spiral'
The crash in supposed stablecoin TerraUSD has caused dismay in cryptocurrency markets, and comes du…
Harry Robertson
3 mins read
Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies
Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…
Business Insider
3 mins read
A controversial stablecoin is 'breaking the buck.' Here's what that means, and why it's such a big deal.
The TerraUSD algorithmic stablecoin dropped to as low as $0.67 in a sell-off that was sparked over …
Carla Mozée
2 mins read
Stablecoin issuer Circle terminates $9 billion SPAC deal as crypto winter rages on
"We are strong, growing, profitable and in the best financial position we've ever been in," Circle'…
Morgan Chittum
1 min read
Bitcoin gets vote of confidence as a long-term store of value as Tether says it will buy more of the crypto to back its stablecoin
Tether said that starting this month it will regularly allocate up to 15% of its net realized opera…
Jason Ma
2 mins read
JPMorgan says the recent cryptocurrency plunge and shift into riskier altcoin bets looks a lot like the 2017 collapse
Josh Younger noted that like the end of the previous crypto bull cycle, investors are beginning to …
Emily Graffeo
2 mins read
Crypto bank Silvergate could jump 50% as institutional adoption and stablecoin use provides a 'long runway' for growth, Bank of America says
Silvergate Capital recently bought the intellectual property rights and assets of Facebook's Diem c…
Carla Mozée
2 mins read
The SEC reportedly derailed stablecoin issuer Circle's plans to go public in a $9 billion SPAC deal
Despite the terminated deal, Circle said that it's "necessary, appropriate and reasonable for the S…
Morgan Chittum
2 mins read
Terra’s stablecoin jumps 5x valuation in 2021 – with $18 billion locked in the DeFi ecosystem
Stablecoins have sort of lost their charm over the past few years. But open source blockchain platf…
1 min read
Binance adds to stablecoin mystery by resuming Tether deposits while keeping out USD Coin
Binance resumed deposits of Tether on Friday, a day after an unexplained pause, while USD Coin rema…
Brian Evans
4 mins read
‘We should be ready for the worst’ — MakerDAO founder is not optimistic about the stablecoin regulation in 2022
According to him, once MakerDAO finds locations from where it starts to implement large scale…