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Stablecoin
DeFi Platform Acala’s Stablecoin Falls 99% After Hackers Issue 1.3B Tokens
A bug in the protocol’s newly deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit.
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.
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.
Ban Banks From Holding Crypto, UN Development Body Says
UNCTAD recommends extra taxes on transactions and ad restrictions to boost states' revenue and safeguard financial stability in developing countries.
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.
Former Terra-Affiliated Project Kujira to Issue Stablecoin
The USK token is set to maintain its price peg by combining overcollateralization of ATOM tokens with trading incentives.
As Interest Rates Rise, a Silent Vampire Attack on Crypto
Issuers of stablecoins like Tether and USDC are a new rentier-class that's sucking value from the DeFi system, say Alex Fowler and Patrick Murck of Transparent Systems.
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.
Nomad, Slope Hacks Create New Annoyance for Their Shared Backer Circle Internet Financial
The venture-capital arm of the USDC stablecoin-issuer gave money to Nomad and Slope, which were both exploited this week.
