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MIM stablecoin drops to $0.87 as algorithmic dollar tokens keep losing their pegs
Abracadabra’s MIM stablecoin took a major reputation and valuation hit today June 12 as it fell as low as $0.87 across ...
Stablecoins are digital currencies designed to maintain a direct one-to-one peg to a more stable underlying asset, like a ...
Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in ...
Terra Luna investors aren't selling. Not yet, anyway. Despite a leadership vacuum that's getting harder to ignore, a stubborn ...
The SEC has pulled back on releasing an ‘innovation exemption’ framework that would have given regulated crypto platforms a legal pathway to list tokenized versions of stocks like Apple and Tesla, a ...
Within the crypto industry, one of the rallying cries has always been "decentralization." The only way to eliminate risk, according to the original crypto purists, was to decentralize everything as ...
Resolv’s USR stablecoin has broken its dollar peg in the wake of an $80 million security breach that severely strained its token supply. The incident, which struck at the core of the protocol’s ...
Over the weekend, crypto protocol Resolv, which issues the USR stablecoin, was exploited by an attacker who was able to mint nearly 80 million new USR tokens out of thin air after only putting down a ...
The Ethereum co-founder outlined alternative stablecoin models that he says better align with DeFi’s original promise of risk decentralization. Ethereum co-founder Vitalik Buterin drew a clear ...
European stablecoin issuer StablR faced a security incident over the weekend that led to the creation of $13.5 million in unbacked stablecoins, though the attackers were only able to get away with ...
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