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stablecoin

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...

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"...

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