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Another algorithmic stablecoin, DEI, loses peg

Another algorithmic stablecoin from Deus Finance, DEI, fell to as low as 54 cents on Monday, continuing what has been a tumultuous week...

DEI Starts To Follow The Footsteps Of Terra UST Collapse

Last updated May 17, 2022 Fantom (FTM)-based decentralized finance (DeFi) stable coin DEI faced significant correction in its value more likely to UST. Fantom...

Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s...

10 DAO tools you should familiarize yourself with

Decentralized Autonomous Organizations, or DAOs, provide a new way of organizing humans by utilizing blockchain technology. A DAO usually consists of people who...

After Terra’s UST, This Stablecoin Loses it’s Peg.What’s The Future Of Stablecoins? – Coinpedia – Fintech & Cryptocurreny News Media

The crypto economy was under complete volatility for the past few weeks, but the space faced had the worst one after one of...

Key takeaways from BlockDown Croatia 2022

BlockDown Conference, in the beautiful Croatian city of Sibenik, covered topics from NFTs to DeFI, from gaming to DAOs and presented protocols from...

Eternity AMA recap

cryptodaily.io hosts an AMA with Eternity. #Eternity #PlayToEarnDaily #AMA Cryptodaily Admin: Hello everyone and welcome back to another AMA with PlayToEarnDaily ????I’m your host...

Jewel chooses ERC-3643 and Tokeny platform to issue stablecoins on Polygon » CryptoNinjas

Jewel, a Bermuda-based digital asset banking platform, announced today a partnership with Tokeny, a blockchain-asset compliance infrastructure provider. Through the partnership, Jewel will power...

Finally, Luna Foundation Decides To Give Compensation To UST Holders

Last updated May 16, 2022 The project team behind the Terra network finally revealed all the reserved remaining assets behind Terra’s Stablecoin UST.On...

Attention Traders! These Two Ethereum-Killers Poised to Break Out This Week – Coinpedia – Fintech & Cryptocurreny News Media

The markets appear to have been trying very hard to be stabilized at the earliest as the LUNA foundation FUD appears to have...

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