Nibiru Chain (https://nibiru.fi/) a general-purpose layer 1 blockchain, has successfully closed its latest round of funding, securing $12 million to set the stage for an ambitious phase of growth. Venture investments included contributions from...
Dallas, Texas, February 5th, 2024, Chainwire Nibiru Chain, a general-purpose layer 1 blockchain, has successfully closed its latest round of funding, securing $12 million to set the stage for an ambitious phase of growth. Venture investments...
Introducing a dollar-pegged, Bitcoin-backed stablecoin, built without dependencies on banks HONG KONG–(BUSINESS WIRE)–Stabolut, a startup building a completely new worldwide
Cardano network’s founder Charles Hoskinson has expressed support for algorithmic stablecoins in the long run, noting that they are necessary to realize the original vision of Satoshi Nakamoto for Bitcoin fully.
Overcoming Stablecoin Concerns Arthur Hayes, former CEO of the crypto asset (virtual currency) derivatives exchange BitMEX, announced on the 8th that the stable coin “Satoshi Nakamoto Dollar, NakaDollar (NUSD)” backed by the delta-neutral position...
BitMEX co-founder Arthur Hayes has proposed a Bitcoin-backed dollar-pegged stablecoin NakaDollar (NUSD) which would be backed by $1 Bitcoin and one inverse perpetual swap of BTC against USD.
The post BitMEX co-founder Arthur Hayes proposes...
Coinspeaker
Founder of BitMEX Is Proposing a Bitcoin-based Stablecoin
The proposed NUSD stablecoin wont depend on any USD reserves. Instead, it will solely depend on derivatives exchanges that list liquid inverse perpetual swaps, Hayes said.
Founder...
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