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Fiat Backed Stablecoins – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 12 Jan 2020 06:21:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Fiat Backed Stablecoins – DIGIT INFO https://www.digit.info 32 32 Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District https://www.digit.info/bitfinex-copycat-lawsuit-withdrawn-and-then-refiled-in-new-district/ Sun, 12 Jan 2020 06:21:47 +0000 https://www.digit.info/2020/01/12/bitfinex-copycat-lawsuit-withdrawn-and-then-refiled-in-new-district/ Read more]]>

Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Re-filed in New DistrictIfinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal battles. […]

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]]> Maker Community Votes to Raise Stability Fee as Dai Struggles to Hold $1 Peg https://www.digit.info/maker-community-votes-to-raise-stability-fee-as-dai-struggles-to-hold-1-peg/ Sat, 13 Apr 2019 17:45:37 +0000 https://www.digit.info/2019/04/13/maker-community-votes-to-raise-stability-fee-as-dai-struggles-to-hold-1-peg/ Read more]]>

For more than two weeks the dai stablecoin has sat below its $1 peg, and has been trading for roughly $0.97 over the last seven days. This has given concern to the Maker Dao community which has decided to raise the dai stability fee to 11.5% per year. Also read: Exchangewar Lets You Compare Crypto […]

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