Oluwapelumi Adejumo · 36 seconds ago · 2 min read
Tether (USDT) responds to allegations of missing billions. Calls it “old news”
Bloomberg published an article on Thursday rehashing ongoing concerns about Tether and its 1:1 reserves.
Terra’s Anchor protocol hits $5 billion in TVL, LUNA’s price surges
Terra’s native savings protocol Anchor that offers high yield on stablecoins has reached a new milestone, recording $5 billion in total value locked (TVL).
A gold-backed stablecoin will be launching on Cardano
During a crypto summit held by British financial newspaper City A.M., decentralized finance (DeFi) liquidity protocol MELD has announced a three-way partnership with Tingo Holdings, Nigeria’s largest mobile network, and Ubuntu Tribe, an ethical crypto company that tokenises natural resources.
U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says
Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies.
On-chain data reveals crucial metrics about the adoption of Bitcoin, stablecoins, and Cardano
First in a bigger series of dAppradar’s reports, which explore how value moves around after entering the blockchain industry, revealed that the amount of Bitcoin (BTC) sitting in centralized exchanges (CEX) is at its lowest point in 2021, while Wrapped Bitcoin (WBTC), the first ERC20 token backed 1:1 with Bitcoin, doubled since the start of […]
Why Binance Smart Chain and PancakeSwap remain an important part of DeFi
The blockchain analytics platform Nansen has analyzed user activity on Binance Smart Chain (BSC) and revealed the most interesting trends in a new research report.
Col-5 is coming to Terra (LUNA) and the community is bullish, but what is it?
The growing awareness for Terra’s native token LUNA has been largely driven by broadcasts surrounding the network’s pivotal upgrade, Columbus-5 initially planned for September 9.
Terra (LUNA) sets new ATH as network activity increases
Terra’s native token LUNA rallied over 31% during the past seven days as the crypto’s price broke another record high crossing $34,3 earlier today.
Ampleforth founder: There is a solution to the decentralized stablecoin dilemma
As the US dollar devaluation becomes a hot topic, CryptoSlate talked to the founder of the “rebasing cryptocurrency” designed to fight the inflation curse.
Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stability
With the imminent launch of smart contracts on Cardano, thoughts turn to its ecosystem and how it will develop against competing chains.
$185 million worth of LUNA burned in past month as Terra user base grows
Terra’s native token LUNA rallied 79.66% during the past seven days as the protocol developed by South Korean firm Terraform Labs surpassed Polygon (MATIC), recording the third-highest total value locked (TVL) among blockchains.
Ren is bringing decentralized stablecoins to Dogecoin (DOGE) and others
RenVM and ICHI today announced a partnership to make decentralized stablecoins available to the Bitcoin, Dogecoin, Zcash and other popular cryptocurrency communities, including Ren.
Tether (USDT) cash equivalents have increased to 85%, company reveals
Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report (CRR) is accurate.
Alleged Tether (USDT) ‘shadow banker’ set for 2022 trial
Reggie Fowler, a former NFL team owner and the suspected “shadow banker” involved in the Tether and Bitfinex saga, will finally have his day in court as his trial is scheduled for early 2022.
Tether (USDT) slams Bloomberg over criminal probe accusations
The recent report about Tether (USDT) facing a criminal probe in the US, published by Bloomberg and covered by CryptoSlate, received a snappy response, in which the issuers of the largest stablecoin claimed the alleged accusations don’t constitute news but are published as clickbait.
Congressman Tom Emmer quashes talk that ‘Fed Coin’ would spy on citizens
Speaking to Forbes, Congressman Tom Emmer dismisses the notion of a Fed Coin showdown with cryptocurrency.
What bear market? Crypto firms raised over $4.4 billion in Q2 2021 alone
The technology behind the chains or records stored in the form of blocks, which are essentially digital ledgers of crypto transactions distributed across a global network of computers, keeps attracting more investors, looking for alternative ways to gain exposure to the crypto market.
Tether (USDT) faces criminal probe in the US, report says
Tether (USDT) FUD surrounding the stablecoin’s issuance could have a new chapter in the form of criminal charges, which would mark a major development in the US government’s crackdown on crypto.