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XDai Chain

BUSD Stablecoin Plunges 20 Cents On The Binance Exchange

Last updated Feb 23, 2023 Reportedly BUSD stablecoin was trading at around 80 cents on 22 Feb 2023 amid decreasing supply of BUSD stablecoin...
XDai Chain

TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting – Bitcoin News

On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the...
XDai Chain

Ethereum gas usage spikes for stablecoins; primarily inflows in USDT

Definition The relative amount (share) of gas consumed by the Ethereum network by category. Transactions are classified into one of the following categories: Stablecoins: Fungible...
XDai Chain

BUSD stablecoin briefly falls to $0.20 against DAI

XDai Chain

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower – Bitcoin News

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been...
XDai Chain

How Helio Protocol is Solving the BUSD Crisis with Decentralization, Efficiency, and Stability

The recent news...
XDai Chain

What does DAI’s future hold post-BUSD? MakerDAO joins the CoinJournal podcast

XDai Chain

Revert Finance hacked: Users got revoke approvals

Revert Finance, an AMM liquidity management protocol, confirmed through a tweet that the “v3utils” contract was hacked, and 90% of the...
XDai Chain

A deep dive into the implications of the lawsuit and its effects on stablecoins

Paxos faces SEC lawsuit over BUSDOn Feb. 13, the U.S. Securities and Exchange Commission (SEC) enforcement division issued a Wells notice to Paxos,...
XDai Chain

CoinGecko and 21Shares Launch Crypto Classification Standard

CoinGecko and 21Shares classify crypto into three...
XDai Chain

CoW Swap said it suffered no loss – despite $166k exploit

Decentralized exchange (DEX) protocol CoW Swap confirmed that it was exploited for $166,000 by a hacker who drained a settlement contract containing its...
XDai Chain

Web3 Dev Andre Cronje Says DeFi is Here to Stay

2022 was not a great year for decentralized finance (DeFi). The industry saw implosion in itself thanks to the unsustainable high yields that...
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