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Stablecoin

Brazil’s CVM Is Investigating Bitcoin Fixed-Income Tokens

Kavon Hyatt | September 30, 2022 | Leave a comment
Brazil’s Securities and Exchange Commission (CVM) served a subpoena to Mercado Bitcoin. The platform for exchanging cryptocurrencies is the biggest of its kind in the country.  The purpose of the summons is to learn more about the company’s operations. ...
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$BONE, A Shiba Inu-Themed Coin, Launches on A Three Million-User Crypto Exchange

Kavon Hyatt | September 30, 2022 | Leave a comment
Recently, a Hong Kong based bitcoin exchange made a public proclamation. Its announcement said that just one trade pair would be available for BONE. Because of this, customers can exchange BONE for the most widely used stablecoin, Tether ($USDT)....
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Gate.Io List Defichain’s DFI Token

Kavon Hyatt | September 26, 2022 | Leave a comment
DeFiChain’s DFI tokens are now available on Gate.io, according to a recently issued official announcement. The statement was made by the company on September 26th, on Monday. The group issued a news statement, which they distributed on Coinjournal. Utilizing...
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Polkadot Users Can Now Purchase USDT

Kavon Hyatt | September 24, 2022 | Leave a comment
Tether Operations Limited (hereafter referred to as ‘Tether’) released the official statement. Tether is a company that runs the blockchain-based Tether.to network. The most valuable stablecoin, as measured by market cap, is powered by Tether. Insights About Polkadot’s Pertinence...
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Binance, Huobi, And BTCEX To Implement 1.2% Tax Burn For LUNC

Kavon Hyatt | September 10, 2022 | Leave a comment
Following Binance accepting to prop the 1.2% tax burn yearned for by the LUNC community, Huobi and BTCEX have also shown interest in joining the party. For the past two months, LUNC burn has been the trending topic within...
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AAVE: What 12% Upswing Might Mean to Traders Following Harmony’s $100M Hack

James Dodson | July 5, 2022 | Leave a comment
The second-largest decentralized finance protocol globally, AAVE, endured a massive blow within the past three months. The hit saw the lending Dapp’s total value locked, plunging to $5.03 billion from $14 billion. That wasn’t all. Also, AAVE suffered during...
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USDN, USDD Lose $1 Peg; An Impending UST Crisis-Like Event?

James Dodson | June 14, 2022 | Leave a comment
The current bloodbath in the crypto market saw most assets exploring colossal sell-offs. Bitcoin and alts witnessed heavy liquidations, losing millions per day. Indeed, the crypto world has been battling to escape the death spiral triggered by funds outflow...
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Tether Stablecoin Claims It Is Not Holding Any Commercial Paper From Evergrande

Kavon Hyatt | October 9, 2021 | Leave a comment
Stablecoin Tether claimed in a recent statement that it is not holding any of the commercial papers belonging to Evergrande (the second-biggest property developer in terms of sales). Previously, Evergrande issued a warning for being in danger due to...
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