While most stablecoins are backed by reserves, algorithmic stablecoins use maths and incentive mechanisms to maintain their fiat peg.
You might be interested in …
Coinbase Launching 'Nano' Bitcoin Futures via Derivatives Exchange
Retail investors will be able to trade crypto futures through Coinbase starting Monday, as the largest exchange in the U.S. by volume will offer them on its new Derivatives Exchange platform. The move comes after […]
Coachella, FTX US to Auction Lifetime Festival Passes as NFTs on Solana
In brief The annual Coachella concert festival will auction off lifetime passes as Solana NFTs. Coachella will sell the passes and other NFTs in partnership with FTX US. NFTs could be an important piece of […]
Bitcoin, Ethereum Down 8% Over the Week as Crypto Struggles
The leading cryptocurrencies are trending in the wrong direction as the broader market continues to slump.