In the ever-evolving landscape of cryptocurrency, Tether, a leading stablecoin issuer, has recently made headlines with its significant issuance of USDT tokens, stirring the crypto market and drawing attention from…
Decentralized finance (DeFi) protocol Curve Finance has launched its native algorithmic U.S. dollar-pegged stablecoin, dubbed “crvUSD” on the Ethereum mainnet — minting more than $22 million worth of the crvUSD…
Battle lines were drawn when the Ordinals protocol, which stores non-fungible tokens on Bitcoin, launched on the dominant blockchain last month. That showdown created two factions – purists who insist…
According to a new post by Acala Network co-founder Bette Chen, the community has voted to burn 2.97 billion worth of Acala USD (aUSD) stablecoin.Acala is a decentralized finance platform…
High-profile security incidents continue to be a theme in 2022, with the Acala network joining a long list of stricken platforms to fall prey to exploits.The Acala USD (aUSD) token,…
In times of market upheaval and a falling bitcoin price, margins compress across the board, and force more miners to become net sellers, the note said. Given the price drop…
