Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears

Post Views: 223 According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failure wiped out billions from the stablecoin economy, and Binance’s stablecoin BUSD has recently…

Tesla CEO Elon Musk Reaffirms Dogecoin ‘Has Potential as a Currency’ as Twitter Deal Is Put on Hold

Post Views: 227 Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts…

17 Best YouTube Alternatives for Content Creators & Consumers

Post Views: 271 The demand for viable YouTube alternatives is growing — mainly because of where the video streaming giant falls short. For example: Let’s not bury the lede here: YouTube isn’t the only show in town. In fact, a growing number of curious content creators and consumers are already experimenting with other platforms. And…

Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg

Post Views: 228 On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi application in terms…

Bank of Spain Governor Highlights Need for Fast Regulation in Defi and Crypto

Post Views: 217 Pablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regulated swiftly to avoid risks of financial instability. Hernandez de Cos also mentioned how this swift approach should bring the crypto…