May 16, 2022 Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin…
May 16, 2022 Deus Finance’s dollar-pegged stablecoin DEI falls below 60 cents Following the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive below 60 cents. As the market continues to mourn…
May 16, 2022 CoinEx CEO: Breaking Financial Shackles & Making Crypto Trading Easier CoinEx, a crypto exchange that serves more than 3 million registered users in over 200 countries and regions, has adopted a new brand slogan…
May 16, 2022 CBDC activity heats up, but few projects move beyond pilot stage Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow. Government-issued electronic currency seems to be an…
May 16, 2022 The Liquidifty Platform Breaks the Borders and Create New Opportunities for Creators The rapid development of the cryptocurrency and NFT markets has given rise to classic problems, such as an oversupply of products and limited liquidity….
May 16, 2022 Cosmos [ATOM] sees highest daily rally amongst top 30 cryptos, but can it last As we enter a new week, Bitcoin sat above $30k while Ether was just above $2k. Traders might be keeping their eyes fixed on…
May 16, 2022 Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. Overall, bitcoin was trading…
May 16, 2022 Luna Foundation Guard reveals where missing 80K BTC reserves went The Luna Foundation Guard, the organization responsible for the Terra ecosystem led by Do Kwon, has released information regarding its missing reserve funds. The…
May 16, 2022 Here’s the two-faced ETH scenario as average gas fee hits new low Gas prices on the Ethereum network have been a bane to anyone using it over the past year or so. Prices surged to astronomical…
May 16, 2022 Bitcoin long positions spike 60% on Bitfinex Long positions on Bitcoin have hit an all-time high on Bitfinex as they spike over 60% in a day. The spike is one of…