All by tag: Stablecoin

The last time the indicator of 8/100, meaning extreme fear, was observed on March 28, 2020

The market has recorded a significant drop in the circulating supply of stablecoins

Justin Sun will direct funds to compensate 236 000 small LUNA investors

Vitalik Buterin and Changpeng Zhao believe that the project should give priority to retail investors as part of an indemnity plan

All data on reserves and issuance dynamics is published on the company’s blog

The project’s founder Justin Sun reported that he aimed at the healthy growth of the asset

The lawsuit says the token, which is pegged to the Japanese yen, collapsed by 80% the day after trading began

Do Kwon’s idea involves paying compensations to UST and LUNA holders who were unable or unwilling to sell their assets during the collapse of prices

In this, SEC Commissioner Hester Peirce believes that the regulatory framework for stablecoins should leave “room for there to be failure”

Terraform Labs will also be removed and a new mechanism for the LUNA token will be developed

The developers used a special Tether Treasury account to destroy the tokens

Janet Yellen also noted that a central bank digital currency could pose a threat to citizen privacy