Mike Novogratz – CEO of Galaxy Digital and a billionaire bitcoin investor – was so confident in Terra USD, the stable currency that lost its peg and crashed a couple of weeks ago, that he got the symb...
Tag: USD
MEXC Integrates SWIFT and Fedwire, Allows for Direct USD Deposit Through the Global Bank Transfer Program
MEXC, a global cryptocurrency exchange with a trading engine that can process 1.4 million transactions per second, has announced the support of direct USD deposits following the integration of SWIFT a...
A New Terra USD (UST) Validator To Transfer 10% Commissions To UST Victims And Support All Burning Proposals
– Advertisement – The famous Terra community warrior, FatMan, is launching a Terra 2.0 validator to compensate UST victims and boost community governance. After weeks of exposing TFL and D...
MEXC Global now accepts USD deposits & withdrawals via bank transfers worldwide
Cryptocurrency platform MEXC Global announced on Wednesday that it launched the Global Bank Transfer Program for USD deposits via the SWIFT & FedWire transfer networks. The MEXC Global announceme...
UPFI Integrates Chainlink to Maintain USD Peg on Solana
Chainlink’s recent integration with l Network will assist the stablecoin operations from multiple fronts. Primarily, the stable coin will receive real-time tamper-proof price feeds on the Solana mainn...
Utopia USD Stablecoin (UUSD) Now Available For Trading On Hotbit
Advertisement     Utopia USD Stablecoin (UUSD) is the Utopia P2P Ecosystem’s native stablecoin and is now trading on Hotbit. Hotbit added the UUSD/USDT pair on June 7,...
Cardano Treasury Holds 500M USD Worth ADA
6 hours ago | 2 mins read Altcoin News Cardano treasure holds 900M ADA and spent 27M on Project Catalyst. The price of ADA is $0.6478 with 10% growth at present. The Cardano treasury has confirmed tha...
Jewel Bank Becomes Bermuda’s First Digital Asset Bank After BMA’s Approval; Plans To Issue A USD Stablecoin
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TRON’s stablecoin USDD employs an overcollateralised mechanism to maintain the USD price peg
After Terra’s algorithmic stablecoin TerraUSD (UST) failed miserably in May, TRON announced a plan to back up its own stablecoin with more capital on Sunday morning. An announcement on Sunday says tha...
USD to INR analysis ahead of the RBI decision
The USD/INR price has been in a tight range in the past few days as investors target the upcoming Reserve Bank of India (RBI) interest rate decision. The USD to INR pair is trading at 77.61, which is ...
USD to INR prepares a major breakout
The USD/INR pair remained in a tight range as investors waited for the upcoming US non-farm payrolls (NFP) data. The USD to INR price is currently at 77.57, where it has been in the past few days. Thi...
How to Convert XRP to USD | Best Ways to Turn XRP into Cash
XRP is a payment network and virtual currency which enables the processing of cross-border transactions in a faster and cheaper manner. The company has established hundreds of partnerships and collabo...
Gain 40,000 USD a day with the Huobi Grid Trading Bot: A user proves its possible – Coinpedia – Fintech & Cryptocurreny News Media
A depressed sentiment has enveloped the crypto market and the Terra collapse only served to underscore how volatile the crypto trading environment is. Terms such as “long winter”, “bear market” and “s...
11,258 Bitcoin (BTC) Worth 329,220,439 USD Transferred From Unknown Wallet
37 mins ago | 2 mins read Bitcoin News The transaction took place on Sunday, May 29th, at 10:16:51 UTC. The BTC price was able to find some support at around $28500. Despite strong support at that lev...
Crypto derivatives platform BitCoke raises $20M USD led by Huobi » CryptoNinjas
BitCoke, a crypto spot & derivatives exchange, on May 12th confirmed that it successfully raised $20 million in a strategic private round in early 2022. The funds will be primarily used by the cen...
2,000 Bitcoin (BTC) Worth 58,560,764 USD Transferred to Unknown Wallet
31 seconds ago | 2 mins read Bitcoin News According to CMC, the Bitcoin price today is $29,335.02 USD. The transaction took place at 20:14:18 UTC on May 20, 2022. After a short rise on Friday, Bitcoin...
Another Top American Exchange Halting Terra USD (UST) Trading After Coinbase
– Advertisement – Gemini follows Coinbase to halt UST trading. Following the crash of the Terra ecosystem tokens and the de-peg of TerraUSD (UST), U.S.-based cryptocurrency exchange Gemini...
Burn The Remaining Terra USD (UST) Vote Passed But Failed to Execute Due to Technical Issues
– Advertisement – Terra’s Proposal to Burn UST Failed to Execute Due to Technical Issues. The team’s proposal to burn UST failed, as a new proposal is launched toward that effect. Terr...
Why USD Coin [USDC] may not yet be ready to overtake Tether [USDT]
Tether [USDT] must surely feel USD Coin [USDC] breathing down its neck in terms of market cap ranking as investors look at the wreckage of TerraUSD [UST] and re-assess their stablecoin preferences. To...
14,770 Ethereum (ETH) Worth 28,595,422 USD Transferred From Unknown Wallet
7 hours ago | 2 mins read Altcoin News The transaction took place at 01:06:10 UTC on May 19, 2022. This testnet is considered an accurate representation of Ethereum’s mainnet. The Ropsten testnet Merg...
Biggest DeFi Stablecoin Protocol Wants Terra’s USD (UST) Booted Out Of The Platform
– Advertisement – The Curve Community Wants Terra’s UST Booted Out Of The Platform. Amid the mounting issues beleaguering Terra, platforms hosting Terra USD (UST) liquidity flows are now...
Fantom’s Scream DeFi Protocol Incurs $35M Bad Debt as Two More Stablecoins Lose USD Peg – crypto.news
The Scream decentralized finance (DeFi) protocol has run into a $35 million dollar bad debt following its failure to adjust the price of the Fantom USD (fUSD) and Dei (DEI) stablecoins on its platform...
10,900 Ethereum (ETH) Worth 22,510,559 USD Transferred From Unknown Wallet
5 hours ago | 2 mins read Altcoin News Ethereum has been down 3.12% in the last 24 hours. The purchasers ultimately succumbed to the pressure at the $2150 level. Since last week, the Ethereum (ETH) pr...
11,835 Bitcoin (BTC) Worth 348,155,467 USD Transferred to Unknown Wallet
Bitcoin is up 1.35% in the last 24 hours. The transaction happened at 19:47:22 UTC on May 14, 2022. After two days of stagnation, the BTC price is holding steady on Saturday. After a near two-year low...
USD Coin (USDC) on Tron (TRX) Smashes Through Major Milestone Amid UST Drama
Vladislav Sopov His Excellency Justin Sun, founder of Tron (TRX), shares that USD Coin (USDC) expands its bet on Tron (TRX) as technical basis Contents USDC supply on Tron (TRX) surpasses $1 billion f...
Satoshi-Era Bitcoin Wallet Awakens with BTC in It Worth 62x in USD
Yuri Molchan Dormant Bitcoin wallet with 1,000 BTC in it has awakened after almost nine years, making its owner a millionaire Whale Alert cryptocurrency tracker has detected a transaction from a walle...
10,000 Ethereum (ETH) Worth 21,074,978 USD Transferred From Unknown Wallet
18 seconds ago | 2 mins read Altcoin News The psychological $2,000 level was recaptured in today’s session. ETH began the day with a gloomy outlook. The price of ETH is steadily rising as the crypto m...
Waves’ Neutrino USD (USDN) stablecoin de-pegs to $0.94
Neutrino USD (USDN), an algorithm stablecoin just like the TerraUSD, has fallen below its US dollar peg to trade as low as $0.8 today. The stablecoin is part of Waves blockchain ecosystem. Following t...
UST’s peg weaker as compared with Djed’s USD peg as per Charles Hoskinson
Cardano chain founder Charles Hoskinson has proposed a clarification to the present breakdown of Terra’s stablecoin The organizer behind IOHK asserted that Cardano-based stablecoin Djed is all around ...