What is Tether’s gold-backed stablecoin, ‘Alloy’ (aUSD₮)?
Alloy by Tether introduces a new class of digital assets called tethered assets, designed to track the price of various assets using robust stabilization mechanisms.
Related Posts


Shapeshift Launches Self-Custody Trading App for Android and iOS Users
Shapeshift have launched their new mobile trading app in over 120 countries, giving users full control of their private keys. 1665 Total views 4 Total shares Self-custody crypto platform Shapeshift has launched a mobile trading app for iOS and android users to buy and sell digital assets such as Bitcoin (BTC) and Ether (ETH) without…

SafeMoon hacker agrees to return 80% of stolen funds, says development team
The attacker will be allowed to keep the remaining 20% of exploited crypto, according to SafeMoon developers. 234 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe attacker who drained $8.9 million of Binance Coin (BNB) from SafeMoon has agreed to return 80% of the funds, according to…

Franklin Templeton launches Bitcoin, Ether index ETF
Franklin Templeton’s fund is the second crypto index ETF to hit this US market.

Unstablecoins: Depegging, bank runs and other risks loom
Stablecoins are entering a period of great uncertainty following the U.S. Securities and Exchange Commission labeling BUSD an “unregistered security” and ordering Paxos to stop minting new tokens.Do these moves signal a wider war by U.S. regulators on stablecoins? Could the SEC declare all stablecoins securities, or is BUSD a special case? Independent crypto reporter…

Altcoins bounce to new highs as Bitcoin price trades sideways under $50K
Bitcoin struggles to hold the $50,000 level, while positive announcements help several altcoins break out to new all-time highs. 1480 Total views 7 Total shares The cryptocurrency market recovered some of the losses from the past couple of days on Feb. 25 as Bitcoin (BTC) briefly pushed back above the $50,000 level and multiple altcoins…

ASIC’s Longo pledges action against certain ‘high-risk’ crypto products
The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base. 137 Total views 4 Total shares Australia’s financial services and markets regulator has issued another glaring warning towards issuers of crypto-based financial products, particularly those inappropriately marketing high-risk products.Joe Longo,…

What is Enjin (ENJ) and how does it work?
What is Enjin and what are its main features?With blockchain-based nonfungible tokens (NFTs) powering the rise of Web3, a number of NFT-based projects are gaining significant importance, as they provide the technological means of assembling important data on blockchains in a visually appealing manner. Related: Nonfungible tokens: How to get started using NFTsLeading among them…

Swiss Bank Maerki Baumann to Become Second in Country to Accept Cryptocurrency Assets
The Maerki Baumann private bank will become the second Swiss bank to accept cryptocurrency assets, financial news outlet International Investment reports August 6. The private Zurich bank has decided to accept crypto assets from payments received for services rendered, as well as those earned from crypto mining, as a response to new market demands and…