"Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg," wrote the Bank for International Settlements.

"Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg," wrote the Bank for International Settlements.
"The next step for the crypto market depends on a refresh of the Bitcoin network," wrote founder Wang Feng.
Two years after John McAfee’s death, widow Janice tells Magazine she’s penniless and can’t move on until his autopsy records are released.
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science.
Blockchain games have historically battled to gain mainstream attention, but Illuvium’s listing on Epic Games store could change the narrative.
The proposed guidelines are currently in the public consultation phase for the next three months, and if approved, it will come into effect starting in June 2024.
Regenerative economy and finance projects are tapping into blockchain technology for increased utility, transparency and decentralization.
SEBA began its quest for Hong Kong expansion late last year, setting up an office in November 2022 and by August 2023, the firm obtained an in-principle approval to offer virtual asset trading services.
Cardano Foundation CEO Frederik Gregaard told Cointelegraph that the pieces of research that the network has “spent years of doing and implementing” are already being used by some of the fast-moving blockchain platforms.
The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners.
Wintermute founder and CEO Evgeny Gaevoy says the Near Foundation reneged on an offer to convert $11m million worth of its stablecoin.
The ORDI token, which was not developed by the creator of Bitcoin Ordinals, has surged by 41% in the past 24 hours.
The original SimpDAO queen Irene Zhao says making good memes is harder than trading as you need to understand the market and the audience.
Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform.
Deepa Raja Carbon told Cointelegraph that VARA took a collaborative approach and consulted stakeholders, legislators and the general public to develop its virtual asset regulatory guidelines.
Security firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat.
Prominent fiat payment rail services and neobanking platforms are becoming a catalyst to address institutional mistrust in the cryptocurrency sector.
Prominent fiat payment rail services and neobanking platforms are becoming a catalyst to address institutional mistrust in the cryptocurrency sector.
The rumors were fueled by reports citing anonymous sources and a job posting from Kraken which highlighted that the company is "enthusiastic" about layer-2 solutions.