DAI

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 Milliarde, marking the lowest number of BUSD in circulation since April 2021. Außerdem, data indicates…

Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses

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Im April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 Million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and seized various crypto…

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

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The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 Im März 12, 2023, bei 7:20 Uhr. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would…

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

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The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. In den letzten 30 Tage, BUSD’s token…

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

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Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Seit damals, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. inzwischen, a data researcher from Nansen has discovered that Binance,…

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

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While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins…

The Stablecoin Economy Shed $28 Milliarden rein 2022 After a Handful of Tokens Lost Their $1 Peg

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2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Darüber hinaus, mehr als $3 billion has been erased from the stablecoin economy during the last 23…

Stablecoin GUSD’s Supply Jumps Close to 130% Höher drin 30 Tage

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While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% during the last 30 Tage. GUSD Sees…

Die argentinische Provinz Mendoza beginnt, Steuerzahlungen in Krypto zu akzeptieren

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Mendoza, eine argentinische Provinz, hat ein System implementiert, das es Steuerzahlern ermöglicht, ihre Steuern vollständig mit Kryptowährungen zu bezahlen. Das System, die diese Woche gestartet wurde, is part of a strategic push for the modernization and digitalization of payments carried by the…

Der Stablecoin-Emittent Tether friert Tornado-Bargeldadressen nicht ein, Sagt, dass vorzeitiges Einfrieren Untersuchungen gefährden könnte

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While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would not “freeze Tornado Cash addresses.” Halteseil’s recently published blog post…