Stablecoins essential for US dollar’s future, says Paxos CEO
In an open letter to Donald Trump and Kamala Harris, Charles Cascarilla highlighted the role of stablecoins in maintaining the US dollar’s global dominance and improving banking efficiency.
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Libra Confident, France Angry, Domino’s BTC Prize: Hodler’s Digest, Sept. 9–15
Top Stories This WeekFacebook’s crypto launching in H2 2020, says Libra Association chiefThe head of the not-for-profit driving Facebook’s Libra digital currency has said he is confident that seemingly endless regulatory difficulties can be ironed out — paving the way for the token to launch in the second half of 2020. Bertrand Perez’s comments came…

NFT market’s RARI token sees 100% gain after CoinFund investment
NFT marketplace Rarible has received an undisclosed investment from CoinFund amid a transition to community governance New York-based crypto investment firm CoinFund has made an undisclosed investment into the digital art-focused non-fungible token (NFT) marketplace, Rarible.According to a September 8 announcement from Rarible, funds from the pre-seed round will be used to develop a “community-governed”…

Is Solana a ‘buy’ with SOL price at 10-month lows and down 85% from its peak?
Solana's (SOL) price dropped on June 3, bringing its net paper losses down to 85% seven months after topping out above $260.SOL price fell by more than 6.5% intraday to $35.68, after failing to rebound with conviction from 10-month lows. Now sitting on a historically significant support level, the SOL/USD pair could see an upside…

Curve Finance monthly revenues up more than 20% on DeFi surge
Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.

Dogecoin gains 8% after Elon Musk says DOGE payments compete with Bitcoin, Ethereum
Dogecoin (DOGE) may need a new marketing strategy after the latest publicity stunt from Elon Musk moved its price by less than 8%.In a tweet on Thursday, “Dogefather” Musk argued that Dogecoin could do a better job at payments than Bitcoin (BTC) or Ether (ETH).Musk: BTC, ETH “slow” with high feesThe latest in a long…

SafeMoon falls 31% in five hours after filing for Chapter 7 bankruptcy
The token of decentralized finance protocol SafeMoon (SFM) has fallen 31% in five hours after the company filed for bankruptcy.Safemoon officially applied for Chapter 7 bankruptcy, also known as “liquidation bankruptcy," in a Dec. 14 filing to the United States Bankruptcy Court in the District of Utah. The voluntary petition was filed by attorney Mark Rose

Decentralized exchange GMX suffers $565K price manipulation ‘exploit’
A founder of a DEX competitor to GMX said on Sept. 2 that an exploit could be pulled off on GMX which could leave GLP holders short. 16 days later, it happened. 188 Total views 6 Total shares Decentralized exchange (DEX) GMX has reportedly suffered a price manipulation exploit from an exploiter who managed to…

ZKSwap’s V2 mainnet is set to go live tomorrow
ZKSwap’s V2 upgrades include unlimited token listings and faster withdrawal times. 326 Total views 106 Total shares Decentralized cryptocurrency exchange ZKSwap has announced that its upcoming V2 mainnet will go live on July 28 via the Layer 1 Ethereum mainnet. A layer 2 launch is planned to occur sometime thereafter on Binance Smart Chain, Huobi…