Cardano DJED Stablecoin Launch | SEC Takes and L With LBRY | Latest Bitcoin & Crypto Update

Cardano DJED Stablecoin Launch | SEC Takes and L With LBRY | Latest Bitcoin & Crypto Update
#DJED #Cardano #Bitcoin #TA #TechnicalAnalysis

A Look at Cardano’s Overcollaterized Stablecoin Djed
Stablecoins have been one of the most controversial areas of the cryptocurrency industry. But this has not deterred industry leaders to bring about new pegged tokens built on a secure foundation.

The much-awaited Djed – which happens to be Cardano’s native overcollateralized stablecoin – is set to launch this week. Developed jointly by the layer 1 blockchain network, COTI, along with core Input Output Global (IOG) devs, the stablecoin is expected to benefit the overall Cardano $77.2 million DeFi market.
https://cryptopotato.com/a-look-at-cardanos-overcollaterized-stablecoin-djed/

SEC settles on security claim in LBRY case; community calls it a big win for crypto
The SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November 2022, but judges made it clear that the judgment was only for the direct sale.
https://cointelegraph.com/news/sec-settles-on-security-claim-in-lbry-case-community-calls-it-a-big-win-for-crypto

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