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Cryptocurrency wallet hacked, with $27M in Tether reportedly lost.
TrueUSD (TUSD), a stablecoin with a market cap exceeding $3.1 billion, appears “shaky” and briefly depegged on November 22, dropping to as low as $0.9976 before restoring its peg. The temporary depeg
Long-dormant ethereum wallet with 2,594 ETH, swapped $4.19 million in USDT and DAI.
Long-dormant ethereum wallet with 2,594 ETH, swapped $4.19 million in USDT and DAI.
Yearn Finance has not provided any details regarding the extent of the exploit.
The combined market capitalization of has recently shown growth for the first time since the FTX crash.
On-chain data shows the recent rise in the price of Bitcoin above the $30,000 mark may be fueled by stablecoins being shifted into the asset. Stablecoins Have Continued To Flow Into Bitcoin In Recent
The Blockchain Association is among many crypto industry organizations that want more clarity and a regulatory framework in the US for digital assets, particularly stablecoins.
Cardano (ADA), the blockchain platform renowned for its scalability and technological approach, has made significant strides in the crypto market, as highlighted by the recently released Messari repor
Private stablecoins contain all of the same risks as CBDCs, says the former CFTC chief.
The US securities regulator has garnered the crypto community's attention as of late.
Circle argues that stablecoins like BUSD and USDC are not investment contracts and fall outside SEC jurisdiction.