Argo was able to sell its UST positions at 93 cents per token before the price fully collapsed, according to Wall. Most recently, UST was still trading around 10 cents according to CoinDesk’s price index. […]
A day after the U.S. Federal Reserve chair pledged to keep tightening monetary conditions until inflation comes down, analysts and traders from crypto to stocks and futures were assessing the economic impact, from higher mortgage […]
“[Renata] offers extensive experience in financial regulation leading finance, clearing, treasury and operations for broker dealers and brokerage firms across multiple asset classes including digital assets, securities, regulated futures contracts, foreign exchange products, derivative financial […]
“The primary challenge the Terra community has against a new fork as proposed by Do Kwon is trust,” shared Dmitry Mishunin, founder of DeFi security firm HashEx, in a Telegram chat. “Should the team choose […]
Lido, Coinbase, Kraken and Binance, the four largest validator node operators on Ethereum’s PoS Beacon Chain, have amassed a 54% share of all ETH staking activity, according to Nansen. Lido’s dominance, by virtue of controlling […]
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Ronin Network was hit by a $625 million exploit in March that affected Ronin validator nodes for Sky Mavis, the publisher of the popular Axie Infinity game, and the Axie DAO. The attacker “used hacked […]
Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a […]
A Glassnode analyst suggests that the collapse of the UST token has triggered a change in investors’ stablecoin preferences; cryptos tick higher in Tuesday trading. Source link
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchanges to provide information relating to transactions and investors of […]
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