Launched first as an algorithmic stablecoin, Tron’s USDD has changed its operating model to avoid possible collapse like Terra’s UST.
Justin Sun’s Terra-like Stablecoin Now Boasts Backing in Bitcoin, Tether, Tron
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Independent Audit Confirms Binance’s Bitcoin Is More Than Fully Backed
Mazars, an international audit, tax and advisory firm, confirmed on Wednesday that Binance holds more than all of the Bitcoin it needs to cover customer deposits. “At the time of assessment, Mazars observed Binance controlled […]
New York Senate Passes Two-Year Bitcoin Mining Moratorium
The New York State Senate passed a bill that would impose a two-year moratorium on any new fossil-fueled crypto mining operations.
Thailand Bans Use of Cryptocurrencies for Payments
The ban does not apply to crypto used for investment purposes, according to Thailand’s Securities and Exchange Commission.