The stablecoin offers greater transparency than competitors like USDT but that proved of little value as it was depegged during the recent banking crisis, says J.P. Koning.
ArkotNews
Inventor of Ethereum’s ERC-20 Token Standard Plans New Blockchain ‘LUKSO’ for Creative Types
Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,†and validators will be able to join the network through the Genesis Validator Smart Contract Deposit.
Arbitrum Foundation Offers Crypto Governance Concessions After ARB Holder Uproar
The Arbitrum Foundation has pledged not to move 700 million ARB tokens until the DAO passes a budget for handling the controversial sum.
The Future of Web3 Animation
In a CoinDesk interview, Colin Brady, chief creative officer at AMGI Studios, talks about how Web3 and AI will change movie-making, and why big studios fail to adopt new technologies.
Hidden Inside MacOS, the Bitcoin White Paper
Satoshi’s vision exists in every version of MacOS from Mojave to Ventura, but is not in the older High Sierra (10.13) or earlier.
Bitcoin Should Be Central to Regulation of Digital Assets
U.S. lawmakers should recognize the unique qualities of Bitcoin as they set out market structure for the crypto economy, says John Rizzo.
What’s in the House Financial Services Committee’s Stablecoin Bill?
It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.
Former BitMEX CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.
Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.
M11 Credit Resumes Crypto Lending on Maple Finance After FTX-Spurred Pause
The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.