Stablecoin
DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
The rejection follows less than a year after Maker approved a similarly structured loan to Huntingdon Valley Bank.
French Police Arrest Duo Involved in Platypus Crypto Exploit
Flash loan exploit drained protocol of over $9 million in assets and knocked Platypus USD (USP) off its peg.
DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for last week's attack.
Frax Finance Votes to Fully Collateralize Its $1B Stablecoin
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.
Binance Shifts to ‘Semi-Automated’ Process to Manage Reserves of Tokens It Issues
Reserves for these tokens had previously been mixed with customer funds.
BUSD Stablecoin Temporarily Plunges to $0.20 on Binance
Binance USD (BUSD), the third-largest stablecoin by market cap, quickly dropped to a low of $0.20 against the DAI stablecoin on Wednesday morning as liquidity dried up on the Binance crypto exchange. "First Mover" hosts weigh in on the price action.
BUSD Stablecoin Temporarily Plunges to 20 Cents on Binance
The stablecoin – which currently finds itself in the middle of a regulatory tussle – immediately regained its $1 peg.
SEC’s Shadow Crypto Rule Taking Shape as Enforcement Cases Mount
The U.S. securities regulator has now issued dozens of actions outlining how it defines a crypto security and which firms should be exchanges, but the industry is in a holding pattern.
Muchas stablecoins existentes no cumplirán las próximas normas mundiales, según un regulador
Las recomendaciones del organismo internacional de normalización para regular las criptomonedas y las stablecoins serán publicadas en julio de 2023.
