Cardano Founder Says Algorithmic Stablecoins Are Essential for Bitcoin (BTC) to Achieve Its Vision
Tomiwabold Olajide This comes in wake of embattled Silvergate and Silicon Valley Bank (SVB) buzz Cardano founder Charles Hoskinson voices...
Algorithmic
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining...
Frax Ditches Algorithmic Backing, Citing Terra Failure
The community governance for stablecoin issuer Frax has voted to increase the collateral ratio for its stablecoin to 100%, removing...
Hong Kong Contemplates Ban on Algorithmic Stablecoins
Hong Kong’s Monetary Authority is weighing whether to implement or amend existing legislation that would effectively ban algorithmic stablecoins within...
Cardano’s New Algorithmic Stablecoin DJED
Since the crash of the TerraUSD (UST) algorithmic stablecoin in May 2022, many users in the crypto ecosystem have acquired...
Crypto's DeFi Experiment in Tatters as Algorithmic Stablecoins Slump – Bloomberg
Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. In today's edition, Emily Nicolle surveys the damage...
Algorithmic stablecoin market share dropped by 10x from ATH: Report
The notorious failure of the Terra USD (UST) affected the crypto market in general, but it’s the algorithmic stablecoins alike...
3Commas API Dispute Highlights Risks of Algorithmic Trading
Despite the bear market, cryptocurrency day traders still see opportunities to strike it rich. Many seek out an edge by...
Algorithmic stabilization is the key to effective crypto-finance
After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen...
Cardano (ADA) to Launch Djed, Here’s What You Should Know About Algorithmic Stablecoin
Contents Could Djed collapse like Terra's stablecoin?How may Djed impact Cardano's price?One of the biggest expectations for Cardano (ADA) investors...