disastrous

Crypto Market Trends – BUSD Launched a Crypto Recovery Fund

2023-4-6 The price volatility that has been experienced in the crypto sector since 2022 has shown the need for stablecoin issuers to hedge against their cryptocurrencies to avert potential disastrous eventualities such as implosions. Still, the market has a clear memory of the impact of the Terra USD crash on the crypto market in particular and the digital sector in general. This article discusses Binance’s initiative to introduce a recovery fund for its stablecoin Binance USD (BUSD). Binance to convert the recovery fund into a few cryptocurrencies Recently, Binance announced

Testing, Testing 3…2…1

Today marks the launch of our MVP on the Goerli testnet, the final phase of testing prior to its official launch. It’s been a busy time for our dev team as nothing in crypto is plain sailing and they’ve done an amazing job of bringing us to this point. (Testnet link located at the bottom of this article) A few weeks ago we launched our MVP to a limited selection of our community on the Rinkeby testnet. However, due to some limitations with Rinkeby, we decided to switch to Goerli

Interesting Times

A few months ago the markets were confident we were approaching the end of big interest rate hikes and that after the summer central banks such as the US Federal Reserve would begin to ease their monetary policy. However, due to persistently high inflation, especially core inflation, the markets have adjusted their view which goes some way to explaining the recent crypto market volatility. As cryptocurrency is touted as an inflation hedge and an alternative form of money, users are often confused or surprised to discover that over the short