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The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of the project’s leaders say they are now working … Read more
On November 17, the price of bitcoin touched another 2020 all-time high (ATH) when the crypto asset surpassed the $17k price zone on Tuesday. Bitcoin dominance has risen higher during the last few months and currently hovers at 65% this week. Despite the massive rise in bitcoin value during the last few months, altcoins are … Read more
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched an ERC20 token called USD Coin or … Read more
Over 200 firms in Simplex’s network can enable euro cashouts from Tether. Go to Source Powered by WPeMatico
Tech evangelists Alex and Don Tapscott believe blockchain will “rewrite the economic power grid and the old social order.” Go to Source Powered by WPeMatico
Retail investors are buying into Bitcoin, says CryptoQuant CEO. Go to Source Powered by WPeMatico
Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included? Go to Source Powered by WPeMatico
The proposed EU crypto market regulation will raise many compliance obstacles for the next Libra-like project seeking to operate in Europe. Go to Source Powered by WPeMatico
Stablecoins are taking over the crypto space with increased utility and circulation. What is prompting this growth, and is it a threat to the market? Go to Source Powered by WPeMatico
Talk of CBDCs and Facebook’s Libra headlined this week’s policy news, as international organizations weigh in on both. Go to Source Powered by WPeMatico