stablecoin
Voyager Quietly Deleted Wording Saying Customer Dollars Safe if Company Fails
The crypto company previously said customer dollars were safe in the event of Voyager's "failure." Then, as it blew up, it pulled back the promise.
Bitcoin Is Crashing Because Everything Is Crashing
It feels like everything is collapsing because it is.
Tether Claims 'Coordinated' Conspiracy Is Trying to Take It Down
The top stablecoin claimed rumors about its reserves are being spread in an attempt to generate profits from a failing Tether by "coordinated" funds.
U.K. Proposes Rescuing Failing Crypto Stablecoins That Destabilize Economy
A stablecoin implosion "could have a wide range of financial stability as well as consumer protection impacts," according to a consultation document from the British Treasury.
Billionaire Says Huge Tattoo of $40B Crypto Failure Is Reminder of ‘Humility’
Mike Novogratz's investment fund was an early supporter of UST/Luna, which imploded last week.
‘The Guilt Is Unbearable’: UST-Luna Investors Discuss the 99.99% Crypto Crash
It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.
Multiple Crypto Stablecoins Not So Stable Amid Market Crash
All eyes are on stablecoins after UST's collapse. Amid the pressure, Tether briefly lost its peg, and competitors Frax and DAI wobbled.
‘It's a Bloodbath’: The Crypto Crash Is Real
Bitcoin has shed more than half its value and a multi-billion-dollar "stablecoin" has imploded, but investors aren't buying that crypto is dead.
Hackers Use Malicious Google Ads to Steal $4 Million In Crypto Stablecoin
The phishing campaign targets people who hold UST, a popular stablecoin built on the Terra blockchain.
Stablecoins Are in a War for Dominance and It’s Getting Ugly
Stablecoins are getting favorable attention from politicians as competing projects form alliances and battle for dominance by any means necessary.
Cryptocurrency That Claimed to Be Backed by Cash No Longer Solely Backed by Cash
Tether said its USDT token was 'backed 1-to-1 by traditional currency' but now adds cash equivalents, receivables from loans, and other assets to its reserves.
The 'Holy Grail' of Cryptocurrency Looks Like the Banks We Already Know and Hate
Intangible Labs raised $133 million from established investors to create a stable coin with an "algorithmic central bank."