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Curve to Launch Over-Collateralized Stablecoin: Founder

4 weeks ago CoinCap 0 Comments , , , , , , , , , , , ,

Key Takeaways

  • Curve Finance will be launching its own stablecoin, Curve CEO Michael Egorov indicated during a conversation with The Spartan Group co-founder Kelvin Koh.
  • Egorov said the stablecoin will have an over-collateralization mechanism, though he refused to reveal any more details.
  • The revelation comes following the recent news that DeFi lending platform Aave is planning on releasing its own stablecoin, named GHO.

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England and Wales Law Commissions Propose Recognizing Crypto as a New Type of Property – BeInCrypto

2 weeks ago CoinCap 0

The Law Commission of England and Wales put out a consultation paper that proposes creating a new form of property for conferring legal rights to cryptocurrencies et al. The commission believes that this will protect investors.

Kusama Is Soaring. Can Polkadot Catch Up?

4 weeks ago CoinCap 0

Key Takeaways

Kusama looks like it’s approaching a local top after surging over 13% in the last 12 hours. 
Polkadot rose by only 4.4% in the same period but has yet to slice through critical resistance. 
While KSM looks poised to retrace, DOT may gain further bullish momentum.

What are crypto faucets and how do they work?

4 weeks ago CoinCap 0

On blockchains like the Ethereum Mainnet, fees represented in the blockchain’s cryptocurrency units must be paid for transactions to be performed and recorded. From exchanges, one can purchase Ether (ETH), the native cryptocurrency of the Ethereum blockchain, and pay the transaction costs.

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