Terra’s UST stablecoin becomes the largest decentralized stablecoin and No. 4 stablecoin overall
Terra’s USD stablecoin has overtaken Maker’s equivalent DAI and is now the largest decentralized stablecoin and the No. 4 stablecoin overall. Terra surpasses Maker’s DAI and is the No. 4 stablecoin overall Terra’s UST stablecoin, which is tethered to the US dollar, has surpassed Maker’s DAI. The former currently has a total market capitalization of a little […]
Facebook spends $60 million to buy “Meta” trademarks from a South Dakota bank
Facebook recently paid a South Dakota bank $60 million for the trademark rights to its Meta Financial name, which gives Facebook extra leverage when it comes to stopping competitors from using specific words, phrases, or logos. Facebook paid a South Dakota bank $60 million Social media giant recently paid a South Dakota bank $60 million […]
Dubai World Trade Centre wants to become a regulator for crypto and virtual assets
The government of Dubai has started a new project to help with crypto development and regulation. The project also aims to set very high standards for investor protection, anti-money laundering, and fighting the financing of terrorism. An event and exhibition venue in Dubai called the Dubai World Trade Center (DWTC) is going to become a […]
The city of Jackson is considering a crypto payroll conversion
According to a report by a local media outlet, the City of Jackson will soon be making history as the first city in the United States to allow crypto payroll conversion options for residents. Mayor Scott Conger of Jackson City has been working to make bitcoin a part of the city government, which would be […]
Instagram is exploring nonfungible tokens (NFT) integration into its platform
Instagram’s chief executive officer, Adam Mosseri, says the platorm is actively exploring NFT integration into its platform and how it can make them more accessible to its growing user base. Instagram’s chief executive officer, Adam Mosseri, says the platform is looking into NFTs and how it can make them more accessible to its growing user base. […]