Abracadabra Money – DIGIT INFO

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

DIGIT — Wed, 12 Apr 2023 21:30:53 +0000

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC) […]

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Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout

DIGIT — Sun, 19 Jun 2022 04:00:37 +0000

Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST) failure and USDD’s recent volatility last week. Stablecoin […]

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Magic Internet Money races past $1B, sets sights on MakerDao

DIGIT — Fri, 08 Oct 2021 05:38:19 +0000

Abracadabra Money enables users to provide collateral via interest-bearing bearing tokens and borrow the Magic Internet Money stablecoin against their holdings.

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