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Stablecoins As Inflation Drivers
Summary Stablecoins are the next big thing. Stablecoins are tradable, liquid “tokens” that represent an underlying asset or promise a fixed exchange ratio with it; they can be described as “money subs...
1 min
Coinbase hacker dumps 3,976 ETH at a $932K loss
The Coinbase hacker is in panic mode just two days after purchasing 3976 ETH. The hacker has sold the same amount of ETH that he bought for $17.98 million, resulting in a loss of $932K. As reported by...
1 min
Polychain-Backed Yala Stablecoin YU Crashes to $0.20 After Protocol Attack
The Yala stablecoin (YU), a Bitcoin-native over-collateralized stablecoin backed by Polychain, lost its dollar peg around 5:14 UTC+8 today following a protocol attack that sent YU crashing to $0.2074 ...
1 min