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Ripple’s Stablecoin Is Coming, Going Against US Dollar-based Crypto Like ...
Ripple’s Stablecoin Is Coming, Going Against US Dollar-based Crypto Like Tether, USDC
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PayPal is trying to drag its 435 million users into the $120 billion ...
PayPal is trying to drag its 435 million users into the $120 billion stablecoin market — here's why
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CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data: Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web3 news with ...
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Who is Changpeng Zhao, the chief executive of Binance?
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Coinbase CEO calls for more regulation of centralized crypto platforms
Coinbase CEO calls for more regulation of centralized crypto platforms: Coinbase's Brian Armstrong says centralized firms like crypto exchanges, custodians ...
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Binance CEO Zhao brushes off $2.1 billion FTX clawback concerns
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Only 1% of people can handle crypto self-custody right now: Binance CEO
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From JP Morgan To Goldman Sachs: Analysts Predict Indian Stock Market's ...
From JP Morgan To Goldman Sachs: Analysts Predict Indian Stock Market's Performance For 2023
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Crypto exchange Binance freezes withdrawals of stablecoin USDC as rattled ...
Crypto exchange Binance freezes withdrawals of stablecoin USDC as rattled investors pull $2 billion in funds
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Tether vs. USD Coin on-chain data reveals two very different stablecoins
Tether vs. USD Coin on-chain data reveals two very different stablecoins: Demand for Tether tokens has dropped amid the FTX-led crypto market meltdown ...
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FTX scrambles for funds as regulators take action
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A stablecoin's rise in market share has ignited the ‘Second Great ...
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Investors withdraw over $7 billion from tether, raising fresh fears about ...
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Key FactsAfter Failing to Defend UST Peg, Luna Foundation Guard 80,000 Bitcoin Lighter
Apr 29, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
  • In a tweet thread, the Luna Foundation Guard has finally revealed the status of its reserves.

  • Almost $50 million in USDT and USDC have also vanished, presumably to defend the UST peg.

  • It exchanged its UST reserves for LUNA " to protect against a possible governance attack."

  • Analysts questioned if LFG had utilized its BTC reserves to preserve the UST peg, as pledged during the depegging.
Regulators are growing anxious about stablecoins after Terra’s stunning ...
Regulators are growing anxious about stablecoins after Terra’s stunning collapse: U.S. Treasury Secretary Janet Yellen has urged Congress to approve federal ...
cnbc.com/2022/05/13/regulators-anxious-about-stablecoins-like-tether-after-ust-collapse.html
Key Facts
Apr 29, 2023 · Reading time: ~10 sec.
Summary created with AI assistance