CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Stablecoin

What to Watch for in Tether's Upcoming Attestation Report

The leading stablecoin project still hasn’t published its March report attesting to its reserves. Following Terra, investors have a right to more timely information, says our columnist.

By JP Koning

May 18, 2022 at 5:21 p.m. UTC

May 18, 2022

OpinionStablecoinTetherTerra

Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’

“$UST peg failure is Terra’s DAO hack moment,” the Terraform Labs CEO wrote, “a chance to rise up anew from the ashes.”

By Danny Nelson Sam Kessler

May 16, 2022 at 5:46 p.m. UTC

May 16, 2022

TerraStablecoinDo Kwon

Terra Luna Crash Brings Stablecoins Under Regulatory Scrutiny

CoinDesk’s Nikhilesh De discusses the impact of algorithmic stablecoin TerraUSD’s (UST) downfall on the U.S. crypto regulatory landscape. Last week U.S. Treasury Secretary Janet Yellen pushed for stablecoin regulation during an annual testimony before the Senate Banking Committee, citing UST woes. Is stricter stablecoin regulation on the horizon?

By CoinDesk Staff

May 16, 2022 at 2:52 p.m. UTC

May 16, 2022

RegulationNikhilesh DecdtvFM ClipJanet YellenStablecoinTerraUSD

Markets

Stablecoin

Fantom Stablecoin DEI Becomes Latest to Lose Dollar Peg

DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.

By Shaurya Malwa

May 16, 2022 at 12:18 p.m. UTC

May 16, 2022

StablecoinInvestingTrading

Markets

Bitcoin

Market Wrap: Cryptos Are Higher After a Volatile Week

Some analysts remain cautious and expect lower price returns for bitcoin over the next few months.

By Damanick Dantes

May 13, 2022 at 8:34 p.m. UTC

May 13, 2022

BitcoinBitcoin PriceMarketsAltcoinsCryptocurrencyStablecoinEther

Podcasts

Crypto News Roundup for May 13, 2022

With crypto markets trading in the green after a deep slump, and a look at how one of crypto’s most ardent critics is now building something like a blockchain, CoinDesk’s Markets Daily is back with the latest news roundup.

By Adam B. Levine Adrian Blust

May 13, 2022 at 4:11 p.m. UTC

May 13, 2022

PodcastsMarkets DailyCBDCStablecoin

Podcasts

Money reimagined

Terraform Labs’ UST Stablecoin 'Broke the Buck'

How the naysayers were right about UST, and why it matters for investors.

By Michael J. Casey

May 13, 2022 at 2:40 p.m. UTC

May 13, 2022

Money ReimaginedCryptoBitcoinStablecoinUSTMarkets

Finance

Stablecoin

Terra Blockchain Resumes Following 9-Hour Halt

Blocks 7607790 and 7607791 came through at around 11:27 UTC Friday.

By Jamie Crawley

May 13, 2022 at 11:52 a.m. UTC

May 13, 2022

StablecoinTerraUST

Consensus Magazine

Janet yellen

Yellen Call for 'Responsible' Crypto Innovation Is Right

Pennsylvania Congressman Glen Thompson has proposed a thoughtful, well-formulated blueprint for "crypto regulation" that aligns with U.S. Treasury Department’s proposals.

By Adelle Nazarian

May 13, 2022 at 1:41 a.m. UTC

May 13, 2022

Janet YellenStablecoinRegulationTreasury DepartmentJoe BidenOpinion