Stablecoin
Ripple Introduces Webpage for RLUSD: Stablecoin Launch Date Yet Unrevealed
Ripple released an exclusive webpage for its stablecoin RLUSD, which has not yet been launched. The webpage release showcases Ripple’s efforts to establish RLUSD’s roots…
Crypto Analyst Finds Link Between USDT on TRON and Bitcoin Price
Joao Wedson spotted a correlation between USDT volume and BTC prices. Binance controls over 60% of all USDT transfers on the TRON network. Traders and…
Tokenization’s Temptations: Can Wall Street Tame the DeFi Frontier?
Wall Street advances in tokenizing assets but remains cautious about decentralized finance (DeFi). The tokenization market could reach $30 trillion by 2034, with a significant…
Reflexer Finance Crowdsources Ideas for RAI V2, Buterin Suggests Non-USD Backing
Ethereum's founder suggests exploring non-USD-connected indices for RAI V2 to enhance stability and neutrality. Vitalik Buterin proposes index ideas, including World GDP and a weighted…
Terra Luna Investors: Don’t Miss the Deadline for Filing Your Claim
Terra Luna Classic has set a Preliminary Crypto Loss Bar application date. TFL and TLL cases have been scheduled for August 21, 2024. The Preliminary…
Basel Committee Tightens Crypto Rules, Favoring Centralized Stablecoins
BIS’s new crypto asset standards favor permissioned stablecoins over permissionless ones. Caitlin Long criticizes the BIS's decision, seeing it as backward innovation. The framework also…
Hong Kong to Release Stablecoin Consultation Results: What to Expect
Hong Kong's Treasury Bureau will soon release a summary of the stablecoin regulatory consultation. Proposed regulations include reserve management, stabilization mechanisms, and governance requirements. In…
Tether Freezes $29.62M USDT Addresses Linked to Cambodian Huione Group
Tether froze a TRON wallet containing $29.62 million USDT. The frozen address is part of Cambodian Huione Group's guarantee business. Huione Group activated the new…
Hong Kong Authorities Nab Kidnappers Demanding Ransom in Crypto
Hong Kong authorities are gaining experience in handling crypto-related crimes. Authorities thwarted an attempt to kidnap a boy from a plaza in Hong Kong. Stablecoins…
Bankrupt FTX Sends Millions in Stablecoins to Market Makers: Liquidity Play or Arbitrage?
FTX transferred 105K USDC tokens to Wintermute via the Polygon network. Alameda Research transferred 2.3 million DAI to Wintermute via Avalanche. 47K DAI were sent…
