The UST stablecoin, which is supposed to maintain price parity with the U.S. dollar, lost its peg over the last weekend, but briefly recovered. It fell again on Monday, dropping to as low as 27 cents but has yet to recover its peg with the dollar. The LUNA governance token, which is meant to act as a buffer keeping UST at $1, has lost value in conjunction, but was only worth less than UST sometime between Wednesday and Thursday.
Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital...
The next major line of defense is proper code auditing. This can’t merely be internal auditing done by the developers...
Bitcoin price could potentially be following a fractal from gold during the 1970s – the last time inflation in the...
The Federal Reserve balance sheet increased by $300 billion in one week, leading to debate about whether these actions qualify...
A forthcoming New York Times article is expected to introduce “fractional reserve indirect carbon accounting” and target bitcoin mining. This...
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