Beam Chain is Justin’s proposal to redesign the Ethereum consensus layer. The proposal is a further upgrade of Beacon Chain to move closer to Ethereum’s ultimate vision.

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A phishing attack on a cryptocurrency investor led to the theft of 95.3 million GIGA tokens, worth over $6 million, through a fake Zoom link. The hacker quickly sold the stolen tokens, converted them into Solana and stablecoins, and moved the funds to obscure wallets, while the investor is now working with law enforcement to recover the assets.

Market events and investor sentiment drive short-term price fluctuations, but over time, assets generally return to their true fundamental value. This principle is not unique to stocks — it applies to all assets, including physical assets, tokens, and memecoins.

A virtual character, or more precisely, an AI agent - Terminal of Truths (ToT) - is speaking out on the Internet. Through its unique algorithmic logic and wide appeal, it is driving the issuance of $GOAT tokens.

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Now I say that I am the richest post-00s with the most cash flow, which can be verified on Zhihu. Does anyone object?

A massive cryptocurrency scam in South Korea led to the arrest of 215 people, including a YouTuber who used his platform to promote fake investment schemes. The scam, which targeted over 15,000 investors, defrauded them of around $230 million by selling worthless crypto assets and making false promises of high returns.

Binance Founder CZ playfully mocks “Bitcoin is Dead” critics as Bitcoin hits a new all-time high, underscoring the cryptocurrency’s resilience and defying those who doubted its longevity.

The BRICS bloc has just announced the shocking announcement that it would be backing down on its fights against Dollar.

BlackRock enters crypto, backing USDM stablecoin for global finance expansion source: https://coinpaprika.com/news/blackrock-boosts-global-crypto-market-with-usdm-stablecoin-partnership

According to Foresight News, Mehen Finance, a Cardano ecosystem stablecoin issuance protocol, is set to launch its fiat-backed stablecoin USDM in April for retail users. USDM is a fiat-backed stablecoin pegged 1:1 to the US dollar. Previously, it was introduced to institutional users on March 17.

Cardano's new USDM stablecoin, developed by Mehen Finance, is slated for a retail rollout in April. source: https://forkast.news/cardanos-usdm-stablecoin-set-for-april-retail-launch/

Mehen Finance, the entity behind the USDM stablecoin on Cardano’s blockchain, is gearing up for a public retail rollout slated for April. The stablecoin officially debuted on Cardano’s network on March 17 and is currently accessible solely to institutional users. Matthew Plomin, founding partner of Mehen Finance, disclosed plans for the forthcoming retail rollout during […] source: https://www.cryptopolitan.com/innovative-stablecoin-launches-with-unique/

A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The financial firm Mehen launched the USDM stablecoin over the weekend, noting that institutional users would spend a day or two onboarding the asset. The issuer says the stablecoin will “slowly be arriving on-chain” this week. Mehen says each USDM is backed 1:1 by […] source: https://dailyhodl.com/2024/03/19/usdm-stablecoin-goes-live-on-cardano-ada-mainnet-issuer-looking-for-institutional-minters-of-fiat-backed-crypto/

S&P Global Ratings has released its ninth stablecoin stability assessment report, which rated Mountain Protocol’s stablecoin USDM with a rating of three points, giving it an “adequate” rating. It is reported that S&P Global Ratings evaluates multiple aspects of stablecoins, including credit risk, market risk, custody risk, reserves, the robustness of the clearing mechanism and available over-collateralization, as well as governance, regulatory framework and third-party dependence. A score of 1 means "very strong" and a score of 5 means "weak". (TheBlock)

더블록에 따르면 S&P 글로벌 계열사인 S&P 글로벌 레이팅스(S&P Global Ratings)가 스테이블코인 안정성 평가 보고서를 발표, 마운틴 프로토콜(Mountain Protocol)의 USDM에 대해 적절(Adequate)하다고 평가했다. S&P 글로벌 레이팅스는 시장 리스크, 준비금, 청산 매커니즘의 견고성, 거버넌스, 규제 프레임워크, 타사 종속성 등을 고려해 스테이블코인에 등급(매우강함 1등급, 약함 5등급)을 부여한다. USDM는 적절함 단계인 3등급을 부여받았으며, 앞서 보고서에서 USDC는 2등급(강함)을, USDT와 DAI는 4등급(제한적)으로 평가됐다.

According to PANews, S&P Global Ratings has released its ninth stablecoin stability assessment report, focusing on Mountain Protocol's stablecoin USDM. The assessment evaluates the stablecoin's ability to maintain its peg, with USDM receiving a rating of 3, achieving an 'adequate' rating. S&P Global Ratings assesses various aspects of stablecoins, including credit risk, market risk, custody risk, reserve funds, robustness of clearing mechanisms, and available over-collateralization. Other factors, such as governance, regulatory framework, and third-party dependencies, are also considered. The company then assigns scores to these criteria, with 1 representing 'very strong' and 5 representing 'weak'. Previously assessed stablecoins include USDC with a score of 2 (strong), Tether with a score of 4 (limited), and DAI with a score of 4 (limited).

Mehen Finance, the developer of Cardano’s ecological stablecoin USDM, announced that it will launch USDM to retail investors next month. USDM was officially launched on Cardano on March 17, but is currently only available to institutional users. It is reported that USDM’s model is similar to other stablecoins supported by fiat currencies, but has features to prevent over-minting. Its reserves are reported via the Cardano network’s Charli3 oracle, ensuring real-time and transparent transfers. Although USDM cannot be frozen on-chain, Mehen holds its reserves in government money market mutual funds from Fidelity and Western Asset Management. Already licensed in 17 U.S. states, Mehen plans to apply for money transmission and virtual asset service provider licenses in Europe and the United Kingdom later this year. Additionally, Mehen plans to make its initial investment through an equity crowdfunding (which will be conducted on the crowdfunding platform ChainRaise) rather than a token sale. (Cointelegraph)

レイヤー1ブロックチェーンのカルダノで、初の1対1で法定通貨ペッグのステーブルコインUSDMがデビューする。このステーブルコインは、テザー（USDT）やサークル（USDC）が支配する1460億ドル規模のステーブルコイン市場での新規参入者となる。 source: https://jp.cointelegraph.com/news/cardano-blockchain-launch-fiat-backed-stablecoin-usdm