Hedge fund giant Citadel Securities and Asset manager BlackRock have outright denied their involvement in trading TerraUSD (UST). JUST IN: Blackrock and Citadel have denied trading with Terra’s stablecoin $UST.…
One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.
Sen. Pat Toomey, the Banking Committee’s top Republican, doesn’t want asset-backed stablecoins tarnished by the UST drama.
Bitcoin (BTC) and other cryptos declined on Wednesday amid stress in stablecoins. LUNA plunged by 96% and Solana’s SOL token saw a 30% dip. Option traders are seeking downside protection.
Shiba Inu holders might be in for a treat as Shytoshi Kusama hinted about the announcement of a developer for the SHIB Metaverse. The news about the onboarding of this…
Rostin Behnam and Gary Gensler make their positions clear in keynote addresses at the annual meeting of the ISDA with Sam Bankman-Fried in attendance.
By using Web 3’s building blocks to represent social identity, the ecosystem can overcome its current limitations and bring about a decentralized society.
Regulators in five American states have issued cease-and-desist orders to a digital casino with links to Russia marketing NFTs to Americans. The Flamingo Casino Club, a virtual casino offering with…
“The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds,” said the regulators.
The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago.