Stablecoin Cashio plummets by 100% due to infinite mint glitch
An attacker managed to mint $2 billion worth of Cashio (CASH) stablecoins without providing anything in return.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
Sperax addresses the knowledge and skill barrier present in decentralized finance today. Through their novel auto-yield stablecoin, every holder of $USDs can benefit from passive income without technical or financial expertise.
mStable wants to make a more stable, secure and convenient stablecoin.
Some congressmen wrote members of the the Libra association to warn them of increased congressional scrutiny if they continued with the crypto project.
The market price of bitcoin is consolidating above $38,000, but stays closely correlated to the stock market. At the same time, the number of daily active addresses is steadily growing, as is the supply of stablecoins.
While Anchor looks similar to most other lending protocols, its high APY for stablecoins (always around 20%) makes it stand out. So, how does Anchor Protocol work? And how does it achieve such high returns?
Tether’s treasury bills and money market allocation increased significantly by 77.6% and 200%, respectively.