
Stablecoins
Stablecoins are not safe—cash them out now: BIS
The November 8 BIS report detailed that from January 2019 to September 2023, fiat-backed stablecoins only maintained their peg 94%...
Large-cap stablecoins have depegged 600 times in 2023: Moody’s
Large-cap stablecoins depegged 707 times in 2022, Moody’s revealed as it unveiled an AI tool that can predict probable depeggings...
PayPal hit with SEC subpoena over new PYUSD stablecoin
On November 1, PayPal issued its Q3 earnings report, and in a separate filing, the company revealed that it received...
More tricks than treats in Tether’s Q3 attestation; Circle shuts USDC consumer accounts
Tether released its Q3 reserves attestation on Halloween and emphasized in its report was the fiscal reality that Tether ‘asserted’...
Bitcoin ETFs—downside risk ahead!
Many in the so-called "crypto" industry herald the coming of spot ETFs as the 'opening of the BTC floodgates' to...
Tokenized money, CBDC could be the future of money: Australia’s central bank
The deputy governor of the Reserve Bank of Australia dismissed “speculative cryptocurrencies” and risky stablecoins but said tokenized deposits could...
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