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Tag Archives: waves

Waves Founder Unveils New ‘Undepeggable’ Stablecoin Amidst USDN Crisis

Waves blockchain platform founder, Sasha Ivanov, announced plans to launch a new stablecoin as Waves-backed Neutrino Dollar (USDN) failed to secure its peg. As per the Twitter update, Ivanov vowed that the new stablecoin would be “undepeggable.” The Waves founder also revealed that there will be a “USDN situation resolution plan set in motion before” but provided no details with regard to the timeline. “It’s just it’s time to create a protocol more attuned to the current...

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Bitcoin-Frage: Welche Blockchain wird am meisten genutzt?

Unter allen Blockchains ist die BNB Chain aufgrund ihrer niedrigen Transaktionskosten derzeit immer noch die meistgenutzte Blockchain in Bezug auf Transaktionen und einzigartige Wallet-Adressen. Unter allen Blockchains ist die BNB Chain aufgrund ihrer niedrigen Transaktionskosten derzeit immer noch die meistgenutzte Blockchain in Bezug auf Transaktionen und einzigartige Wallet-Adressen. Die dortigen täglichen Transaktionen übertreffen auch die auf...

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Waves Breaks Silence Over DAXA Investigation, USDN Stablecoin Fails to Repeg

It has been a tough year for algorithmic stablecoins. Historically, these pegged tokens have failed to maintain a grip on $1, especially under extreme selling pressure. But the Terra collapse has been disastrous, and the ripple effects have had a decisive impact on the rest of the market. Seven months later, another algorithmic stablecoin is having trouble maintaining its dollar peg. In fact, this is the fifth time that Waves-backed Neutrino Dollar (USDN), currently trading...

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Crypto Price Analysis & Overview October 16th: Bitcoin, Ethereum, Ripple, Waves, and Ren

Bitcoin Bitcoin saw a 4.3% price surge over the past seven days. The cryptocurrency was trading slightly above $11,000 last Friday as it started to push higher. Throughout the week, it managed to spike as high as $11,730 (1.414 Fib extension) but was never able to close a daily candle above resistance at $11,537 (provided by a 1.272 Fib Extension). Today, with the announcement that OKEx had halted their withdrawals, BTC took a tumble. It spiked into the support at $11,200 –...

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WAVES Used For The First Cryptocurrency-Backed Bank Loan In Russia

A Russian businessman has reportedly taken a loan from a bank using the WAVES token as collateral. With the nation’s unclear regulation status regarding digital assets, local lawyers argued on whether such transactions could legally proceed in the future.The First Cryptocurrency-backed Bank Loan In RussiaAlexander Ivanov, Waves founder and CEO, confirmed the news earlier today. He outlined the local report, which reads that for the first time in Russia, a bank has approved a loan secured by a...

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Crypto Price Analysis Aug 14: Bitcoin (BTC), ETH, XRP, LINK, WAVES

Bitcoin (BTC)Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100.Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days. Unfortunately, BTC was unable to sustain this high.Just one day after, Bitcoin lost almost $1000, however quickly recovered to the support level around $11,400 (.236 Fib Retracement and prior high)....

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Tron And Waves Partner To Push DeFi Mass-Adoption

Tron has partnered with Waves to connect the two respective blockchain networks called Solidity and Ride to push mass adoption in the decentralized finance (DeFi) field.All TRC-20 tokens will be available on the Waves blockchain and vice-versa with the assistance of the cross-chain communication network – Gravity.TRON Partners With WavesAccording to a press release shared with CryptoPotato, Tron and Waves aim to resolve one of the main issues within the DeFi space. While the statement...

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Crypto Price Analysis & Overview April 10th: Bitcoin, Ethereum, Ripple, Waves, and Matic

BitcoinBitcoin is up by a small 2% this week after suffering a major setback when it dropped by 5.5% in today’s trading session. The cryptocurrency had surged from the $6,800 level last Friday to reach as high as $6,400 at the start of this week.However, in today’s trading, Bitcoin fell by over 5% to drop back into the $6,800 support level. It also found added support at the previous rising trend line.If Bitcoin drops back beneath $6,800, additional support lies at $6,600, $6,400, $6,200, and...

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Waves DEX Foregoes Total Decentralization and Is Migrating to a Hybrid Model

In what seems like migration for the future, sources have indicated that Waves, a popular decentralized cryptocurrency exchange, has shut down its operations on its decentralized platform and is migrating to a new hybrid-based system that is intended to combine the best of both worlds. The exchange indicated this yesterday in a press release stating that it is shutting down operations on the old website and is shifting to the new Waves.Exchange site where the development of its hybrid model...

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Matic Launches Its Public Incentivized Counter Stake Testnet Event

Matic Network, the platform working on solutions to the scalability issues of the Ethereum blockchain and using Plasma side chains and a Proof-of-Stake network, has announced its public incentivized staking testnet event Counter Stake is finally live.Counter Stake has arrived!Matic’s public incentivized staking testnet event is now officially live.We have released a detailed step-by-step guide on setting up your node. Over 3 million $MATIC tokens are to be shared among participants ?Read...

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