stablecoin
Business
Bitcoin and Ethereum Fall After TerraUSD Price Crash
Cryptocurrencies took a hammering on Thursday following the crash of Luna, the sister cryptocurrency of stablecoin TerraUSD, whose value tumbled dramatically on Wednesday.
The cryptocurrency Terra (Luna) has collapsed, losing more than 99 percent of its value. The coin’s value...
Business
Digital Dollar Becomes More “Urgent” After Crypto, Stablecoin Boom
The rise of cryptocurrencies is raising stakes for regulators eager to exert more influence over the sector, while protecting investors.
The rapid adoption of digital tokens has made the development of a central bank digital currency (CBDC) a more "urgent"...
Business
Facebook to Launch Its Own Cryptocurrency, Called “Diem”
Facebook is to launch cryptocurrency Diem as the Covid-19 pandemic forced the world to stay home, and eCommerce transactions increased