
Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off
The depeg situation of Synthetix’s sUSD has once again highlighted the vulnerabilities within DeFi systems and the impacts of liquidity shifts.
The depeg situation of Synthetix’s sUSD has once again highlighted the vulnerabilities within DeFi systems and the impacts of liquidity shifts.
Amidst the legal proceedings, Binance CEO Richard Teng accused the Nigerian government of prolonging the case for the purpose of extorting money from the company.
Coinbase said that the market is underestimating the odds and timings of a potential spot Ethereum ETF approval, thereby leaving sufficient space for upside surprises.
Grayscale’s Bitcoin Investment Trust (GBTC) witnessed the first net inflow of $4.64 million since its conversion in January after it had experienced huge net outflows.
The recent strong performance being demonstrated by FTM token is an indicator that Fantom’s strategic initiatives may be beginning to bear fruit.
If due process is not followed by the Probation or Pretrial Services Office, Zhao’s legal team can contend for a reduction in the sentencing duration on due process grounds.
While Bitcoin appears relatively balanced between long and short positions, Ethereum price weakness has dampened market confidence.
Peaq plans to utilize the $20 million from the token launch to grow its ecosystem, further develop its Modular DePIN Functions, and ensure network security.
To set up their digital yuan wallets, Hong Kong residents just need their local phone numbers. Hong Kong is currently conducting this pilot program for e-CNY within the Greater Bay Area.
The case centers around a criminal network that used digital currencies to facilitate money laundering for a scam group.
The surge in LINK price can be attributed to the announcement of the partnership between DTCC and the decentralized Oracle network.
New Bitcoin addresses have been shrinking in the recent past, an indication more users are opting to tap on spot BTC ETFs for easier liquidity and enhanced security.
For cybercriminals, the loss of such a prolific tool is poised to disrupt their activities, at least, for now.
The performance of these Hong Kong-based ETFs has been disappointing compared to the success of the US-based spot ETFs, which hold $55 billion in total value.
Coinbase stock came under strong selling pressure on Thursday, as giant CME Group announced its plans to offer spot Bitcoin trading. This regulated platform could provide tough competition to Coinbase amid its ongoing SEC battle.