Stablecoin issuer ‘Usual’ faces sell-off after redemption update
Usual’s USD0++ staked stablecoin introduces dual exit mechanisms, prompting market volatility and significant community debate.
Related Posts
11 tech jobs that do not require coding skills
Tech jobs that do not require coding are important for several reasons. Firstly, they provide opportunities for individuals who may not have the technical background or interest in coding to work in the tech industry. This can help diversify the industry and bring in fresh perspectives and skill sets. Additionally, these roles are crucial for…
Cardano founder to meet Argentina president Javier Milei
In a meeting planned with Argentina president Javier Milei, Charles Hoskinson wants to discuss how blockchain can rewrite global economic and political systems.
Spot Ethereum ETFs flip positive after $34M inflow on July 30
Daily flow into Ether ETFs has turned up positive for the first time since launch day, reversing a trend of outflows that saw $547 million leave the funds over the past four days.
Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report
The class action suit was filed against Silicon Valley Bank, chief executive officer Greg Becker, and chief financial officer Daniel Beck. 110 Total views 4 Total shares Own this piece of history Collect this article as an NFTA group of shareholders have reportedly filed a lawsuit against Silicon Valley Bank’s parent company and some of…
StanChart’s Singapore Unit Completes First Blockchain-Powered Trade Finance Deal
The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal. The news was reported by Singapore’s English-language financial daily The Business Times on Jan. 24.The bank reported that the blockchain solution — developed by blockchain startup Distributed Ledger Technologies — had enabled an agri-business…
Top 5 cryptocurrencies to watch this week: BTC, NEAR, ATOM, FTM, FTT
Bitcoin (BTC) has stopped its decline and is attempting a recovery along with select altcoins. Some traders have been fearing a massive sell-off in Bitcoin but Capriole CEO Charles Edwards said that Bitcoin’s worst crashes have happened “due to miner capitulation (December 2018 and March 2020), when BTC fell below production costs.” However, the current…
Keiser: Bitcoin Could Cross $15,000 This Week, No Trust in Centralization
Max Keiser, a former Wall Street trader and host of the RT program Keiser Report, said that he believes Bitcoin (BTC) will break $15,000 this week.In tweet published Aug. 3, Keiser said that he is “sensing #Bitcoin will cross $15,000 this week.” He further stated that confidence in central governments, central banks and centralized fiat…