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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
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
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
The Binance token has toppled the stablecoin Tether to become the third-largest crypto asset by market capitalization. After starting the month of February a little under $50, the token had raced past the $250 mark on February 19. At the time of writing the token is fluctuating around its all-time high (ATH) and stood at … Read more
The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency. Go to Source Powered by WPeMatico
Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs. Go to Source Powered by WPeMatico
Following the Cream Iron Bank flash loan attack, preliminary findings of a probe have shown that contracts and markets still function normally. As a result, markets have now been re-enabled while the asset borrowing function has been paused. The Cream team also reveals that investigations are continuing. The Exploit After the exploit, the value of … Read more
Fireblocks and First Digital Asset Group have developed a seamless connection to Diem, allowing financial institutions to access the emerging payment network. The platform is still awaiting regulatory approval before it can launch. Go to Source Powered by WPeMatico
The price of Bitcoin broke past $49,000 to achieve a new all-time high across major exchanges. Go to Source Powered by WPeMatico
Algorand rallied to a multi-year high after the network emerged as a possible choice for central bank digital currencies and the team revealed its DeFi plans. Go to Source Powered by WPeMatico