Can treasury-linked stablecoins bring stability to DeFi?
Flare Network’s USDX stablecoin introduces treasury yields to DeFi, challenging established players like USDC in terms of economic utility.
Related Posts
OTC Exchanges Help Thwart $5M Bank Heist in Brazil
A $5 million hack that has baffled investigators in Brazil was thwarted with assistance from local OTC trading desks. A $5 million online heist in Brazil targeting Spanish multinational financial institution, Banco Santander was thwarted after the funds were seized with local over-the-counter (OTC) crypto exchanges.The perpetrators immediately moved to convert the stolen funds into…
TRX hits $20B record high, flashing ‘altseason’ signal for December
Some cryptocurrencies are already displaying signs of an early altseason, such as Hedera’s HBAR, which rallied 763% in the past month.
Why Santander Doesn’t Want to Use Ripple for International Payments Yet
There may be trouble in paradise with one of Ripple’s major partners. Santander, the large scale Spanish bank and one of Ripple’s major partners, is still hesitant to adopt XRP as part of its international payment network, One Pay FX. The company reasoned that the token “was not actively traded in enough markets” to support…
Regulation comes for crypto staking: Law Decoded, Feb. 6–13
Last week, the United States Securities and Exchange Commission (SEC) reached an agreement with cryptocurrency exchange Kraken. The latter will stop offering crypto staking services to American customers and pay $30 million in disgorgement, prejudgment interest and civil penalties. While the sum of fines could hardly get an entity like Kraken off balance, the future of…
Shiba Inu community divided over allegations of code, chain ID plagiarism
"I just want to know why, we, a billion dollar project that paid $10m dollars to develop our layer 2, have another projects Chain ID," wrote one user. 165 Total views 2 Total shares Own this piece of history Collect this article as an NFTA series of events erupted in the official Shiba Inu (SHIB)…
Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains
The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone. 172 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe banking crisis could be the spark that will kick off the next…
Largest Austrian Energy Provider Debuts DLT-Based E-Car Charger
Wien Energie, the largest energy provider in Austria, has announced a charger for electric cars based on distributed ledger technology (DLT) in a press release on March 28.Per the release, Wien Energie in partnership with blockchain tech firm Riddle & Code are testing an electric vehicle charging station with “integrated secure machine identity” in Vienna.…
Coinbase submits petition to SEC explaining that staking is not securities
The company continues its fight against the SEC’s position on crypto staking. 769 Total views 27 Total shares Own this piece of history Collect this article as an NFTUnited States-based crypto exchange Coinbase decided to communicate proactively on crypto staking, which had recently attracted regulators’ attention. The company’s petition to the Securities and Exchange Commission…