#ecosystem
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What is TerraClassicUSD (USTC)? An overview of the project
TerraClassicUSD (USTC) is an algorithmic stablecoin of the Terra blockchain. The idea behind USTC was to tackle the scalability issues that plagued other stablecoins. However, USTC ultimately proved to be the downfall of the Terra ecosystem in May 2022. Coinbase Eyes UAE as Strategic Hub for Crypto Expansion
The United Arab Emirates (UAE) has rapidly established itself as a global center for web3 innovation, with the nation boasting a thriving startup ecosystem, robust blockchain infrastructure, and a cryptocurrency adoption rate exceeding 11% of the population. Decred: an overview of the PoW&PoS hybrid coin
Decred (DCR) is a cutting-edge digital currency that operates on its own blockchain, utilizing a unique hybrid PoS (Proof of Stake) and PoW (Proof of Work) consensus algorithm. This innovative approach enhances decentralization and fosters a balanced ecosystem for miners, stakers, and holders alike. Zilliqa launches EVM-compatible mainnet
Zilliqa recently announced its EVM compatibility feature will be available on its mainnet on April 25th. This upgrade will provide users with the ability to execute Ethereum smart contracts and use popular wallets within the Zilliqa ecosystem. This will enable the transfer of ZIL tokens through platforms such as MetaMask. Unus Sed Leo (LEO): a utility token of the iFinex ecosystem
Unus Sed Leo (LEO) is a utility token that supports the ecosystem of iFinex, a Hong Kong-based corporation registered in the British Virgin Islands. The token was launched in 2019 on two blockchains simultaneously – Ethereum (64% of coins) and EOS (36%). 
What is the Ethereum Virtual Machine (EVM)?
The EVM (Ethereum Virtual Machine) is an execution environment for smart contracts written in the Solidity programming language, used for developing decentralized applications. EVM is an important component of the Ethereum ecosystem, allowing developers to create complex and innovative applications to perform a wide range of functions. 
Hong Kong Promises Strict Crypto Regulation
Hong Kong Monetary Authority Chief Executive Eddie Yue, in an interview, emphasized the city's intention to enforce stringent crypto regulations. He said, "Our regulation will be tight. We will facilitate the development of the ecosystem here, generating considerable excitement. However, this doesn't imply lax regulation." 
dYdX Moves Closer to a Cosmos-Based Network Transition
dYdX has left the StarkEx (a Layer 2 network from StarkWare) and is moving to its own blockchain within the Cosmos ecosystem. In the meantime, the decentralized exchange has launched the private testing phase of dYdX v4. The reason for this step is probably StarkEx shortcomings. 
Coinbase to Launch Inflation-Proof Stablecoins
Coinbase has released a list of ideas for developers that it's eager to fund and implement within its advanced Base ecosystem fund. One of the most interesting ideas is the creation of "flatcoins," or more specifically, stablecoins pegged to inflation levels. 
