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Terra founder plans to buy $10B in BTC for UST stablecoin reserves. With BTC in reserve, UST would become a hybrid stablecoin, allowing users to exchange $1 worth of UST for $0.99 worth of BTC. This would allow users to redeem BTC by using UST for a premium, similar to how Luna is used today.
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November 21, 2022
Welcome to the October 2022 Recap Newsletter! We hope everyone is safe & sound. Despite November being one of the wilder months in a while (given all the news), last month was a strong one for crypto.
November 16, 2022
The Ember team is proud to announce the launch of our latest investing feature: Recurring Deposits
November 15, 2022
With all the news around FTX, we felt it would be helpful to run through what non-custodial wallets are and why they’re important.