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MakerDAO Users Sue Stablecoin Issuer Following ‘Black Thursday’ Losses
A lawsuit against the Maker Foundation claims the DeFi platform “intentionally misrepresented the risks associated with CDP ownership.â€.....»»
Tether CTO Claims USDT Stablecoin Can Boost DeFi Liquidity
Tether CTO Paolo Ardoino believes the USDT stablecoin can boost the decentralized finance ecosystem......»»
Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals
Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD......»»
New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies......»»
Plaintiffs Move to Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether
Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims......»»
Plaintiffs Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether
Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market have been combined in federal court, with the stablecoin issuer promising to fight the claims......»»
New North American Trade Pact Nears Finish In US Senate
The U.S. Senate Finance Committee on Tuesday voted 25-3 to move the U.S.-Mexico-Canada Agreement (USMCA.....»»
Another Class Lawsuit Claims Bitfinex, Tether Manipulated Bitcoin Market
Crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether, have again been accused of working to manipulate the bitcoin markets. Bitfinex has called the suit "mercenary and baseless,.".....»»
Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. .....»»
Former Fed Nominee Stephen Moore Backs Fractional Reserve Stablecoin
Stephen Moore, whose failed bid to join the Fed imploded within months, has a new plan to disrupt global finance: a fractional reserved-backed stablecoin......»»
London retains global finance throne amid Brexit chaos
Reuters analysis shows London has held onto its title as global finance's top dog, but as Brexit nears worries over job losses are starting to rise again. Julian Satterthwaite reports......»»
EU Finance Commissioner Vows New Rules on Crypto, Libra Stablecoin
EU's financial services commissioner Valdis Dombrovskis intends to create a new regulations for crypto, particularly Facebook’s Libra stablecoin......»»
Britain at risk of losing leading edge in maritime services
Britain's position as a top hub for maritime services is being eroded by competition, a loss of shipping finance business and the removal of tycoon-friendly tax breaks, a report said, deepening uncertainty for its financial sector as Brexit nears......»»
Lynnwood light rail will collect $100M in federal funding as groundbreaking nears
The Federal Transit Administration will allocate another $100 million to the Lynnwood Link light rail extension this week as part of the Trump administration's largest transit grant......»»
Marijuana-Focused Stablecoin Issuer Added to Arizona Fintech Sandbox
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations.....»»
Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them
Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again......»»
Bitfinex Repays Tether $100 Million of $700 Million Loan
Bitfinex said it has paid back $100 million of the $700 million borrowed from stablecoin issuer Tether......»»
Goldman Sachs CEO Hints Bank Might Launch ‘JPM Coin’-Like Crypto
Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEOÂ David Solomon......»»
How MakerDAO Works: A Video Explainer
The most popular decentralized finance application on ethereum, MakerDAO, was built to keep a stablecoin's price stable. Under the hood, it's quite complex, featuring two separate tokens, a lending system and even a voting process. Here's how it works.....»»
How MakerDAO Works – The Stablecoin Explainer
The most popular decentralized finance application on ethereum, MakerDAO, was built to keep a stablecoin's price stable. Under the hood, it's quite complex, featuring two separate tokens, a lending system and even a voting process. Here's how it works.....»»