$125 Million Raised in Basecoin SAFT Sale, SEC Filing Shows
Basecoin developer Intangible Labs raised $125 million in a SAFT sale, SEC filings show.
After four months, the ethereum-based stablecoin DAI looks to be maintaining a steady dollar valuation.
MakerDAO appears set to approve a fifth fee increase that would further raise the cost of platform's US dollar-backed stablecoin DAI.
A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing investigation by the NY Attorney General.
Binance suspended tether withdrawals Monday after pushing back against rumors that the exchange would delist the stablecoin.
Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin.