Topic
GeneralBeginnerThe Australian Securities and Investments Commission (ASIC) is challenging a court decision that ruled in favor of Finder Wallet, a subsidiary of Australian fintech company Finder.com. The dispute centers on Finder Wallet’s “Earn” product, a service that allows users to convert Australian dollars…
#court#defi#law
Ethena Labs, the developer behind the synthetic dollar protocol Ethena USDe, announced a major integration with several leading cryptocurrency exchanges on April 10th. This integration allows users to directly earn yields on their USDe holdings through the wallets offered by Binance, Bybit, OKX,…
#binance#crypto#defi
GeneralBeginnerNick van Eck, son of investment management giant Jan van Eck, is poised to launch a new stablecoin pegged to the US dollar. This comes after successfully securing $12 million in venture capital funding. The stablecoin, named Agora digital dollar (AUSD), is targeting international markets with a…
#stablecoins
CardanoBeginnerThe Cardano blockchain ecosystem has finally welcomed its first fiat-backed stablecoin, USDM. Launched on March 17th, 2024, USDM offers a much-needed option for Cardano users seeking a stable asset pegged directly to the US dollar. This development comes after significant delays encountered by…
#stablecoins
BitcoinBeginnerThe United Kingdom is poised to establish regulations that allow both stablecoins and central bank digital currencies (CBDCs) to flourish within the financial system. This news comes from Varun Paul, who previously served as the head of Fintech at the Bank of England (BoE). According to Paul, UK…
#cbdc#crypto#stablecoins
EthereumBeginnerTether, the issuer of the world’s largest stablecoin USDT, has launched an official recovery tool. This tool allows users to migrate their USDT holdings between different blockchains if the primary blockchain they’re using encounters issues. Tether’s USDT operates on a multitude of blockchains,…
#stablecoins#tether
GeneralBeginnerStablecoin Protocol Seneca has given a 20% prize to the attacker who acquired access to at least $6.4 million in digital assets by exploiting an approval mechanism flaw in the protocol’s smart contract. On February 28, various blockchain security organizations reported an exploit on the stablecoin…
#defi#hackers#security
BitcoinBeginnerBitcoin’s recent price gains have drawn attention to a key factor: the surge in stablecoin supply. Over the past month, stablecoin supply witnessed a significant 3.5% increase, injecting over $10 billion into the crypto market. This influx appears to be playing a crucial role in bolstering…
#crypto#stablecoins
GeneralBeginnerCircle Internet Financial, the company behind stablecoin USDC, announced on Thursday that it had confidentially filed for a US initial public offering as part of its plan to become a publicly traded company. Breaking New Ground This marks the first-ever IPO filing by a major stablecoin issuer,…
#circle#crypto#stablecoins
EthereumBeginnerAllUnity, The euro stablecoin will be released as a new joint venture between DWS, Galaxy, and Flow Traders, on all significant public permissionless L1s and L2s in addition to DeFi use cases. To jointly issue a stablecoin denominated in euros, Flow Traders and Michael Novogratz’s Galaxy Digital…
#crypto#stablecoins
