This is not the first occurrence of the USDN’s price slipping significantly from the dollar peg
Trust in stablecoins ‘infinitely more important’ than collateral (Cointelegraph)
As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with …
SEC Commissioner Calls for Accelerated Stablecoin Regulations After the UST Fiasco (cryptopotato)
Peirce, also affectionately known as ‘Crypto Mom,’ said that there might soon be movement on stablecoin regulations in the U.S. The comments came at an …
Legendary Value Investor Says Only Cryptoasset Without Any Competition Is Bitcoin (Cryptoglobe)
On Thursday (May 12), legendary American value investor William H. Miller III shared his thoughts about the crypto market during an interview on CNBC. Miller is …
Sorare partners with Major League Baseball to launch fantasy NFT Game (Cryptoslate)
Sorare, the sports NFT giant, welcomes Major League Baseball and MLB Players as its newest partner. https://twitter.com/Sorare/status/1524705992910512129?s=20&t=sZKy_GiNpfgNoDKpZ03Mcw The announcement will expand Sorare’s reach in the …
Chainalysis Secures $170 Million in Series F Funding (Finance Magnates)
One of the leading blockchain data platforms, Chainalysis recently topped the valuation of $8.6 billion after raising $170 million in a Series F investment round.
BVNK Raises $40 Million in a Series A Funding Round (Finance Magnates)
BVNK, a London-based crypto-to-fiat banking platform, said on Thursday that it had raised $40 million in a Series A funding round led by Tiger Global.
Dogecoin Has Dropped 90% Since “The Dogefather” Debuted On SNL (newsbtc)
Dogecoin, the most popular meme cryptocurrency, has dropped 30% in the last 24 hours, but has already started to rebound. Someone moved around 250 million …
Ethereum Below $2000; Do We See A Relief Rally Soon? (newsbtc)
Ethereum has bled heavily owing to the aftermath of the crypto crash. Prices of other altcoins followed suit as Bitcoin hangs below the $30,000 price …
Crypto Regulatory Framework Coming Next Year in South Korea: Report (cryptopotato)
The new government of South Korea will reportedly finalize the regulatory framework on the local digital asset ecosystem next year and enforce it in 2024. …