Tag: Stablecoin

spot_img
Ethereum

Resolv stablecoin drops 70% after $80 million exploit after attacker mints USR

A stablecoin is supposed to be worth a dollar. Resolv's USR is worth 27 cents and the math to fix it doesn't work.Resolv Labs...
Crypto News

Resolv Says No Assets Lost After USR Stablecoin Exploit

Resolv Labs moved Sunday to reassure users after an exploit hit the issuance mechanics of its USR stablecoin, knocking the token off its dollar...
Crypto News

Resolv’s USR stablecoin depegs after $80M exploit hits supply

Resolv’s USR stablecoin depegged...
Ethereum

Resolv Labs Pauses Protocol After $23M Exploit Triggers USR Stablecoin Depeg

Resolv Labs halted its decentralized finance ( DeFi) protocol early Sunday morning after an exploit allowed an attacker to mint tens of millions of...
Crypto News

Resolv Labs’ Stablecoin Depegs Amid Exploit

A stablecoin tied to the crypto project Resolv Labs has lost its peg to the US dollar after an attacker was able to exploit...
Fintech

Ripple Redefines Enterprise Payments with Unified Stablecoin Platform and Global Adoption

Ripple, a provider of blockchain-based enterprise solutions, unveiled a major expansion of its Ripple Payments platform. Designed to move money seamlessly across both traditional...
Markets

Crypto Clarity Act may be cleared to move after senators agree on stablecoin yield

The two U.S. senators negotiating a controversial provision in the crypto industry's market structure bill — Republican Thom Tillis and Democrat Angela Alsobrooks —...
Bitcoin

A loophole for rewards could protect Coinbase from a looming D.C. ban on stablecoin interest payments

If lawmakers ultimately ban stablecoin rewards under the proposed CLARITY Act, Coinbase (COIN) could lose one tool it uses to attract users to hold...
Fintech

Innovate Finance Warns Bank of England Proposals Could Kill the GBP Stablecoin and Risk ‘Dollarisation’

Giving evidence to the House of Lords, Adam Jackson, chief strategy officer at Innovate Finance, outlined the critical growth opportunities and severe risks currently...
NFTs

Banks Warned of Deposit Flight. OKX Survey Shows Stablecoin Yield Is Already Here

OKX surveyed 1,000 active U.S. crypto traders and found over 65% have used onchain tools to earn yield on stablecoins.Over 25% of respondents said...
Bitcoin

PayPal Expands PYUSD Stablecoin To 68 New Countries

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure PayPal has expanded access to its stablecoin PayPal USD (PYUSD) to 70...
Crypto News

Tim Scott expects stablecoin yield compromise proposal by week’s end

Senator Tim Scott, chair...
1...192021...39Page 20 of 39