Crypto News

MIM joins the list of tokens losing their value of $ 1

Autism Capital alleged that Abracadabra racked up $12 million in bad debt as a direct result of Terra’s abrupt failure, although CEO Daniele.

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Crypto News

Hester Peirce of the SEC says new stablecoin regulations must allow for failure

Commissioner Hester Peirce, dubbed the “crypto mom” by the Securities and Exchange Commission (SEC), has endorsed a regulatory framework for stablecoins that allows.

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Crypto News

Do Kwon, CEO of Terraform Labs, reveals a plan to reinstate the UST peg

Do Kwon, CEO of Terraform Labs, has laid out his strategy for helping the stablecoin TerraUSD (UST) reclaim its dollar peg. He stated.

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Crypto News

Fed says, The US economy is at risk from sharp interest rate increase

The Federal Reserve (Fed) of the United States has cautioned that a rise in interest rates and the use of stablecoins could endanger.

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Crypto News

Terra (LUNA) is down 60% as the UST “Stablecoin” falls below $0.7.

Terra’s LUNA fell as low as $23.50 early today on the Binance platform before reclaiming some ground. Around the time of writing, the.

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Crypto News

To preserve the stablecoin peg, the Luna Foundation Guard will lend $1.5 billion in BTC and UST

The Luna Foundation Guard (LFG) said on Monday that it will lend hundreds of millions of dollars in bitcoin and the stablecoin UST.

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