Developers of the fast-growing stablecoin UST say the coin’s $1 value peg isn’t “backed” by anything – just a blockchain-based algorithm. So why does it need a multibillion-dollar bitcoin reserve, in case of an emergency? How would that work? Author: Krisztian Sandor
Archives for April 2022
Crypto Traders Find Ether Options Attractive as ‘Implied Volatility’ Slides
It makes sense to buy options as volatility is so low, one observers said. Author: Omkar Godbole
India Needs a Single Crypto Regulator, Says Polygon Co-Founder
Author: Amitoj Singh
Binance Asks to Be Removed From Crypto Romance Scam Lawsuit
Author: Cameron Thompson
US House Democrats Call for Scrutiny on Crypto Mining as Environmental Threat
U.S. Rep. Jared Huffman sent a letter along with almost two dozen other congressional Democrats to the Environmental Protection Agency chief, asking him to devote additional scrutiny to potential harm cryptocurrency mining may cause to the climate and environment. Author: Jesse Hamilton
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