Paxos Trust Reveals USDP and BUSD Reserves in Challenge to Other Stablecoin Issuers
Paxos Trust became the first stablecoin issuer to reveal the composition of its reserves for Binance USD (BUSD) and the Pax Dollar (USDP). The disclosure, down to the unique identification…
US Diplomats Target Japanese Crypto Companies in Russia
The United States has appealed to Japan to dial up the pressure on its cryptocurrency exchanges doing business with Russia. U.S. diplomats have asked Japanese officials to target crypto operations…
CoinFLEX Reveals its Deficit has Risen to $84 Million
CoinFLEX has released a new update on its current issue with Roger Ver. According to the update, the exchange’s deficit has now risen to $84 million because it did not…
Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges
On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging against potential future falls. Bitcoin Miners Have Been…
Understanding Impermanent Loss and How to Prevent It in Crypto Trading
The concept of impermanent loss is not hard, even for someone entirely new to the crypto market. Merely dissecting the phrase, one can understand it to mean a loss that…