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Tag: depegging

Uniswap – Rise of a decentralized exchange and DeFi altcoins

Recently, DeFi altcoins have made a notable comeback , with many of them posting double-digit gains. Uniswap, as one of the most prominent platforms,...

Mysterious whale ‘0xd275e’ linked to FTX collapse, Tether depeg, and recent $75M token transfers

Recent on-chain activity involving the Ethereum address ‘0xd275e‘ has caught the attention of the crypto community.Through CryptoSlate‘s on-chain analysis, no concrete evidence pointing...

The Connection Between the Enigmatic Whale ‘0xd275e’ and FTX’s Downfall, Tether’s Depegging, and Recent $75M Token Transfers

In the world of cryptocurrency, there are often mysterious events that occur without explanation. One such event is the appearance of the enigmatic whale...

Metropolitan Museum of Art to return $550K in donations from FTX

The Metropolitan Museum of Art (Met) is set to return $550,000 in donations it received from crypto exchange FTX prior to its collapse in...

SEC beyond crypto: HSBC and Scotia hit with fines over WhatsApp use

Amid the ongoing banking crisis in the United States, financial regulators continue scrutinizing major traditional finance companies like HSBC and Scotiabank.The Securities and Exchange...

Mastercard launches Web3 user verification solution to curb bad actors

Global financial services giant Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors”...

Top 7 Stablecoin Use Cases

Executive Summary: Stablecoins provide the benefits of blockchain technology, while avoiding the volatility associated with cryptocurrencies. Some benefits of stablecoins are near-instantaneous settlement, privacy,...

U.S. Congress to Address SEC Oversight and Legislation Regarding Stablecoins

Join Our Telegram channel to stay up to date on breaking news coverage Tuesday’s complete hearing of the U.S. House Committee on Financial Services will...

Uniswap ($UNI) Sees Liquidity Skyrockets Amid Regulatory Pressure and Market Turmoil: Report

In the first quarter of the year, regulatory authorities stepped up their efforts to regulate the cryptocurrency space with acts that were seemingly beneficial...

Stablecoin Depeg Event Reveals Risks to DeFi and Traditional Finance

The recent depegging event of Circle’s USD coin (USDC) has shed light on the potential risks to both decentralized finance (DeFi) and traditional finance....

Stress test? What Biden’s bank bailout means for stablecoins

The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part...

Banking crisis pushed over $286B to money market funds in two weeks: Report

The banking crisis has led many investors to rotate their portfolio investments in the past two weeks, sending over $286 billion into United States...

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