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The rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds while artificially maintaining the liquidity. Go to Source Powered by WPeMatico
An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making. Go to Source Powered by WPeMatico
Paolo Ardoino, CTO of Bitfinex and Tether made the case that Tether is a tool for human rights in Davos, Switzerland during the World Economic Forum. Go to Source Powered by WPeMatico
The asset will also be available on twelve other networks, including Ethereum, Solana and Polkadot, among others. Go to Source Powered by WPeMatico
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen … Read more
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of UST Collapse Lawmakers in Japan have passed a … Read more
Declining demand for Tether, negative futures premiums for altcoins and the lack of inflow to the crypto sector are all signs that a rocky road is ahead. Go to Source Powered by WPeMatico
Some stablecoins have failed to deliver the dollar’s stability to crypto traders long before TerraUSD’s collapse. Go to Source Powered by WPeMatico
Binance CEO CZ voices skepticism around the relaunch of the Terra blockchain and its new LUNA token following the latest fiasco. Go to Source Powered by WPeMatico
Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. Go to Source Powered by WPeMatico
