According to Kristalina Georgieva – Director of the International Bank (IMF) – the recent fiasco with LUNA and the UST system shouldn’t take people to turn their backs on...
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Stablecoins
Tether remains shaken despite $ 10 billion withdrawals in 2 weeks
👋 Would you like to work with us? CryptoSlate is hiring for a handful of jobs! Crypto traders have withdrawn about $ 10 billion from Tether USDT over the...
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Stable gain in hot water after losing more than $ 40M due to Terra collapse
Yield app Stablegains is making allegations of misuse of client money – and possibly a lawsuit – after losing more than $ 42 million, which it invested in UST...
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Crypto exchange FTX expands into US trading stock
FTX Exchange is expanding into US equity trading with its US subsidiary FTX. FTX launched its US equity trading service, accepting payments in Stablecoins and US dollars. With this...
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South Korean legislator proposes to call Do Kwon to the national assembly
Yun Chang-hyeon, a legislator in the ruling South Korean People’s Power Party, proposed calling Terraform Labs’ Do Do Kwon to a parliamentary hearing. The news report revealed today, noting...
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Another algorithmic stablecoin, DEI, peg loses
Stablecoin another algorithm from Deus Finance, DEI, fell as low as 54 cents on Monday, continuing an exciting week for stables. The stableocoin initially lost its peg against the...
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Celsius CEO Issues Warning, Says Not All Stablecoins Are Created Equal: Here’s Why
Celsius Network CEO Alex Mashinsky says that crypto market participants should be aware that not all stablecoins are built equal. Stablecoins are crypto assets designed to have a relatively...
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Luna Do Kwon CEO recommends forking LUNA, UST reimbursement to hodlers
Luna Foundation Garda Chief Do Kwon has written a recommendation recommending the execution of LUNA to a new chain using a picture from the pre – attack attack. It...
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Terra’s founder is said to be linked to a failed stablecoin, Basis Cash
A former Terra Labs employee has revealed that Terra Do Kwon co – founder was one of the creators of Basis Cash. This algorithmic stablecoin failed last year, the...
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Hoskinson says Cardano has a $ 723M decentralized fund in ADA, making fun of Terra
Cardano founder Charles Hoskinson said the $ 723 million ADA treasury is decentralized. Hoskinson, who is also a co – founder of Ethereum, said this in response to a...
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