Magic Internet Money token depegs as Terra (LUNA) domino effect persists
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Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1 value amid an untimely crypto winter. The sudden de-pegging of…
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On November 22, 2023, Sygnum, a Singapore-based digital asset bank, announced big changes. Sygnum unveils the first Crypto Multisector Index Linked Certificates (ILCs) which are new securities. This index gives investors a broad and digital experience to expand the digital ecosystem. It is like entering a technologically enhanced playground for…
Amid the crypto market carnage this weekend, one other stablecoin slipped under the $1 peg on Saturday, June 18, as the crypto asset referred to as magic web money (MIM) briefly dropped to a low of... [[ This is a content summary only. Visit my website for full links, other…