Stablecoin


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DeFi Platform Acala’s Stablecoin Plunges After Hackers Exploit Bug

Polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, aUSD, depegged on Sunday, plummeting 99% after hackers exploited a bug in a newly deployed liquidity pool to mint 1.28 billion tokens. "The Hash" team discusses the implications for the state of stablecoins, open finance, and regulation.

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Technology

La stablecoin della piattaforma DeFi Acala crolla del 99% dopo che gli hacker hanno emesso 1,3 miliardi di token

Un bug nel pool di liquidità iBTC-aUSD appena implementato dal protocollo ha lasciato la porta aperta agli hacker per sfruttarlo.

The Polkadot pavilion on the Promenade at the World Economic Forum in Davos, Switzerland (Sandali Handagama/CoinDesk)

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How Tornado Cash US Ban Could Impact Future of Crypto

Galaxy Digital has published a report on how the U.S. Treasury department’s sanction of crypto mixer Tornado Cash could impact the future of crypto.

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MakerDAO Founder on Tornado Cash, Stablecoin DAI, Ethereum Merge

The U.S. Treasury has sanctioned crypto mixer Tornado Cash, which could have a ripple effect across the industry. Rune Christensen, founder of Ethereum’s pioneering decentralized money layer MakerDAO, discusses the ban and what it means for MakerDAO, its decentralized stablecoin DAI and the state of DeFi. Plus, exploring the impact of Ethereum's merge.

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Policy

Vietare alle banche di detenere Cripto, afferma l'organismo di sviluppo delle Nazioni Unite

L'UNCTAD raccomanda l'introduzione di tasse aggiuntive sulle transazioni e di restrizioni pubblicitarie per incrementare le entrate degli Stati e salvaguardare la stabilità finanziaria nei paesi in via di sviluppo.

The UN Conference on Trade and Development warns that the rising use of crypto for domestic payments and remittances may cause “leakage” of development funds. (Gregory Adams/Getty Images)

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Former Terra-Linked Project Kujira to Launch Stablecoin

Kujira, the crypto project previously built on the Terra Classic blockchain and moved to layer 1 protocol Cosmos after Terra’s implosion, is close to issuing a stablecoin called USK. "The Hash" hosts weigh in.

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Markets

L'ex progetto affiliato a Terra Kujira emetterà stablecoin

Il token USK è destinato a mantenere il suo prezzo fisso combinando la sovracollateralizzazione dei token ATOM con incentivi commerciali.

Kujira will issue its own stablecoin. (Unsplash, modified by CoinDesk)

Opinyon

Con l'aumento dei tassi di interesse, un attacco silenzioso dei vampiri alle Cripto

Gli emittenti di stablecoin come Tether e USDC rappresentano una nuova classe di rentier che sta sottraendo valore al sistema DeFi, affermano Alex Fowler e Patrick Murck di Transparent Systems.

(Igam Ogam/CoinDesk)

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Circle Invested in 2 Hacked Crypto Companies

CoinDesk’s Brandy Betz revealed Nomad and Slope, which were both victims of multimillion dollar exploits this week, are backed by Circle’s venture capital arm. “The Hash” hosts discuss the fate of the USDC stablecoin-issuer amid increased regulatory scrutiny.

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