Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle
Decentralized finance (DeFi) protocol Venus has been added to the lengthening list of those affected by the collapse of the Terra ecosystem this week. The Venus Protocol has been hit…
Chile’s Central Bank Postpones Decision on Its CBDC
The issuer prefers to wait for a clearer and more in-depth analysis of the implications for the financial system. The CBDC “could contribute to the development of a more competitive…
Tether: USDT notes largest Whale Dump in history; Details
Tether—the largest stablecoin—destroyed a cumulative of 3 billion USDT from the Tether Treasury via two distinct burns on Thursday. Blockchain tracker and analytics system reporter Whale Alert confirmed the same.…
Trust in stablecoins ‘infinitely more important’ than collateral
As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with a clear use case.
Bitcoin price sees ‘hell of a reversal candle’ as 168,000 BTC leaves exchanges
Nothing keeps a Bitcoin bull down for long, and now, BTC price action is back above $30,000 after 24-hour gains of 30%.