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Tag: ust collapse

SEC Served PayPal Subpoena ‘Relating’ to Firm’s Stablecoin – Decrypt

Payments giant PayPal today revealed in its quarterly report that the SEC had issued the firm with a subpoena over its stablecoin."On November 1,...

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Simulating Shanghai Sell-side: Investigating the Ethereum Unlock

Executive SummaryThis report discusses the estimated amount of staked ETH that may be withdrawn and sold immediately after the Shanghai upgrade. After examining the...

Terra Founder Do Kwon Arrested In Montenegro

Longtime Critic FatMan Hails Law Enforcement Action As Victory For Crypto Space Do Kwon, the co-founder and CEO of Terraform Labs, the company behind the...

Hong Kong to mandate stablecoin licensing as early as this year

Hong Kong will introduce a mandatory licensing regime for stablecoin issuers as early as this year, and won’t allow algorithmic stablecoins, the Hong Kong...

Frax Triples in Value as Stablecoin System Takes Shape

Buoyed by the fast growth of its lending and liquid staking businesses, stablecoin issuer Frax Finance is on a tear to start the new...

Djed Review: Cardano’s Algorithmic Stablecoin solution.

<!-- --> Despite what the name implies, many stablecoins haven’t proven to be very stable in recent years. The ramifications of...

Pace of Huobi Withdrawals Subsides as USDD Sees Renewed Slide

The pace of withdrawals from crypto exchange Huobi slowed on Sunday, according to data from Nansen, despite a recent slide in the price of...

7 biggest crypto collapses of 2022 the industry would like to forget

2022 has been a bumpy year for the cryptocurrency market, with one of the worst bear markets on record and the downfall of some...

3AC subpoenas issued as dispute grows over claims of Terraform dump

A federal judge overseeing Three Arrows Capital’s (3AC’s) bankruptcy proceedings has signed an order approving subpoenas to be delivered to 3AC’s former leadership, including...

Chainalysis Claims UST Collapse Wasn’t The Main Factor In BTC Crash

Chainalysis claims UST collapse was not the main factor for Bitcoin’s crash as we saw that last month the market was linked to the...

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