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Company Behind Tether (USDT) Launches New Stablecoin Pegged to Mexican Peso

Company Behind Tether (USDT) Launches New Stablecoin Pegged to Mexican Peso

The firm behind Tether (USDT) is adding another fiat currency-pegged token to its stable of international stablecoins. According to a new press release, Tether Limited, the Hong Kong-based company behind the largest stablecoin by market cap, has started issuing MXNT, a new token pegged 1:1 to the Mexican Peso. Citing data from crypto payments company […]

The post Company Behind Tether (USDT) Launches New Stablecoin Pegged to Mexican Peso appeared first on The Daily Hodl.

German watchdog orders Worldcoin to delete non-compliant data

Top Trader Says One Under-the-Radar Altcoin Set To Emerge As Winner of Terra (LUNA) Collapse

Top Trader Says One Under-the-Radar Altcoin Set To Emerge As Winner of Terra (LUNA) Collapse

A closely tracked trader is naming one altcoin that he says can come out as the big winner following the crumbling of Terra (LUNA) and its algorithmic stablecoin TerraUSD (UST). Pseudonymous trader Light tells his 160,600 Twitter followers that Tron (TRX) and its algorithmic stablecoin Decentralized USD (USDD) are poised to fill the vacuum left […]

The post Top Trader Says One Under-the-Radar Altcoin Set To Emerge As Winner of Terra (LUNA) Collapse appeared first on The Daily Hodl.

German watchdog orders Worldcoin to delete non-compliant data

Biggest Movers: Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021

Biggest Movers: Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021Tron rallied during today’s session, as it headed towards a one-week high, following recent declines. This came as Thorchain’s RUNE continued to trade lower, with today’s drop pushing prices closer to their lowest point since January 2021. Tron (TRX) Tron (TRX) surged towards a seven-day week high during Thursday’s session, as prices rebounded following a […]

German watchdog orders Worldcoin to delete non-compliant data

Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD

Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDDSeven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the tron purchases, […]

German watchdog orders Worldcoin to delete non-compliant data

Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days

Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 DaysThe value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last seven days. Defi Protocols Shed Considerable Value Decentralized finance (defi) […]

German watchdog orders Worldcoin to delete non-compliant data

Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD

Tron DAO Reserve Purchases  Million in TRX to Safeguard the Stablecoin USDDOn May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as the project aims to leverage a decentralized forex reserve […]

German watchdog orders Worldcoin to delete non-compliant data

Coinbase Research Report Details What’s Next for Bitcoin and Ethereum, Highlights New Class of Crypto Investments

Coinbase Research Report Details What’s Next for Bitcoin and Ethereum, Highlights New Class of Crypto Investments

US-based digital assets exchange Coinbase is analyzing what’s ahead for the crypto markets in the second half of 2022. Starting with Bitcoin (BTC), Coinbase says in a research report that the supply of the flagship crypto asset could shoot up as the actualization of the Mt. Gox compensation plan gets underway in the second half […]

The post Coinbase Research Report Details What’s Next for Bitcoin and Ethereum, Highlights New Class of Crypto Investments appeared first on The Daily Hodl.

German watchdog orders Worldcoin to delete non-compliant data

Coin Bureau Issues Warning on TRON (TRX), STEPN (GMT), Nexo and Another Altcoin As Crypto Markets Teeter

Coin Bureau Issues Warning on TRON (TRX), STEPN (GMT), Nexo and Another Altcoin As Crypto Markets Teeter

The closely followed analyst and host of Coin Bureau is issuing warnings on a slew of altcoins that put in good performances last week, but face headwinds as crypto markets correct. In a new update, the pseudonymous analyst known as Guy tells his 2.03 million subscribers that smart contract platform TRON‘s (TRX) rallies after news […]

The post Coin Bureau Issues Warning on TRON (TRX), STEPN (GMT), Nexo and Another Altcoin As Crypto Markets Teeter appeared first on The Daily Hodl.

German watchdog orders Worldcoin to delete non-compliant data

Biggest Movers: NEXO up Nearly 50% After Binance Listing, While TRON Climbs to 1-Week High

Biggest Movers: NEXO up Nearly 50% After Binance Listing, While TRON Climbs to 1-Week HighNEXO was up by nearly 50% on Friday, as markets reacted to the news that Binance was listing the token on its platform. Today’s surge sent NEXO to a multi-week high, while TRON also moved higher, hitting a one week peak. NEXO Two weeks after announcing a partnership with Mastercard to launch the world’s first […]

German watchdog orders Worldcoin to delete non-compliant data

TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets

TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets

TRON (TRX) CEO Justin Sun is announcing that a new decentralized stablecoin is launching on the smart contract platform. Sun tells his 3.3 million Twitter subscribers that the TRON decentralized autonomous organization (DAO) has worked in conjunction with other prominent blockchains to launch stablecoin Decentralized USD (USDD). According to an open letter penned by Sun, […]

The post TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets appeared first on The Daily Hodl.

German watchdog orders Worldcoin to delete non-compliant data