Thailand’s central bank warns against ‘illegal’ THT stablecoin
The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers. Go to Source Powered by WPeMatico
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French retail giant will launch Tezos-based stablecoin
The new coin is named after a god in Irish mythology and will go by the ticker symbol EURL. Go to Source Powered by WPeMatico
Bitcoin price dips below $60K — But here’s why a bigger rally may be brewing
Bitcoin dropped below $60,000 on Sunday after new all-time highs, but stablecoin inflows show this is not a big concern. Go to Source Powered by WPeMatico
New Zealand firm launches stablecoin backed by NZD
“Techemynt felt it was an ideal time to fill the gap in the market and lead the creation of a NZD-based stablecoin,” said Fran Strajnar. Go to Source Powered by WPeMatico
Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval
Global stablecoin adoption and uncontrolled hyperinflation in Venezuela and Argentina have helped push Reserve Rights to a new all-time high. Go to Source Powered by WPeMatico
Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit
Hacked DeFi service Furucombo will issue “iou” tokens as part of its compensation plan to repay 22 affected users. Go to Source Powered by WPeMatico
Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat
Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim “will harm the bitcoin ecosystem” if their demand for the payment … Read more
Canadian bank plans to launch dollar-backed digital currency ‘in the coming months’
Stablecorp CEO Jean Desgagne said VersaBank’s digital currency was intended to provide an alternative to concerns over volatility and security in crypto markets. Go to Source Powered by WPeMatico
xSigma Passes Security Audit and Prepares to Launch Stablecoin DEX With LP Rewards
PRESS RELEASE. February 24, 2021 – xSigma, a decentralized exchange for stablecoin swaps, has announced details of its launch program. The DEX, which supports liquid swaps between stablecoin pairs, will go live on February 24, having passed a third-party security audit. Blockchain security company Hacken audited the xSigma smart contracts and found no critical errors … Read more
DeFi exchange protocol DFX raises $5M in seed funding
Polychain Capital has bet on a new DeFi exchange protocol looking to boost the adoption of stablecoins in DeFi. Go to Source Powered by WPeMatico
