Search Results for: algorithmic

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

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On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST…

Mark Cuban Won’t Invest in Bitcoin ETF, Prefers to Buy BTC Directly

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The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETF-id), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for…

Consensys Aims for $3 Billion Valuation in Upcoming Funding Round

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Consensys, the Ethereum-based software boutique, is aiming to get a valuation that could reach $3 billion dollars in its upcoming funding round. The company would be taking advantage of the bullish climate the industry is experiencing right now to achieve this…