Stablecoins Backed by “Awful Resources,” IMF Exec Warns
Tobias Adrian of the IMF says that some fiat-backed stablecoins are vulnerable to runs and sell-offs just as their algorithmic counterparts are. Key Takeaways Tobias...
Tag : Backed
High 8 Gold Backed Cryptocurrency Tokens & Where to Steal (2022)
Bitcoin, the flagship of cryptocurrency, is often referred to as “digital gold” to indicate its utility as a store of value, but rapid price swings...
What Is Bitcoin Backed By?
People often say: “bitcoin can’t be money, it isn't backed by anything.” This is an old way of thinking that originated with paper money. Prior...
Blockchain Backed Webtoon Platform TooNFT Launches On Toomics Ecosystem
TooNFT plans to develop a decentralized webtoon platform. The project has raised a staggering $1.75 million in a private round supervised by HG Ventures. The...
ConsenSys Backed Virtue Poker and Binance NFT to Birth “Mystery Box” for Celeb Match on Sept 23
The crypto and blockchain space is maturing at a rapid pace. Most financial industry experts agree that this nascent industry is here to stay because...