On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg

Bitcoin (BTC), the world's largest cryptocurrency by market value, has climbed to levels not seen since May 2022 on Friday amid quiet trading in traditional markets, the day after the U.S. Thanksgiving holiday.The cryptocurrency briefly touched $38,000 earlier Friday morning but retreated to levels around $37,800. BTC has now held above the $38,000 threshold for

Bankrupt crypto exchange FTX used customer funds to buy back the entirety of the firm’s stake held with competitor exchange Binance, a court hearing on Wednesday revealed.Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens as part of the

Dec 29, 2020 at 12:47 p.m. UTC(Shutterstock/Piotr Swat)OKEx Launches Real-Time Settlement for Derivatives TradingCryptocurrency exchange OKEx has introduced real-time settlement for the trading of derivatives on its platform which includes futures, options, and swaps allowing users to make withdrawals at any time.OKEx said the real-time settlement function will only be available with the trading of…

Steve Kokinos, the former chief executive officer of Algorand, is set to become CEO of the company that will take over Celsius’ operations, serving on a board that includes two members of the bankrupt crypto lender's own creditor committee, according to Friday court filings.Celsius filed for bankruptcy in July last year as the crypto crash

news Taylor Monahan, the CEO of crypto wallet startup MyCrypto, has been moderator for the ethereum subreddit channel since 2016. That year, the ethereum Reddit channel was just breaking over the 10,000 subscribers mark, according to SubRedditStats. Today, the same channel boasts over 400,000 subscribers and is ranked within the top 600 most popular channels…

The round was led by Polychain Capital with participation from Animoca Brands.The money raised will be used for global expansion and to hire new employees.This is the company’s fifth round of financing in the last two years.12:47Burnt Banksy Sets Himself on Fire, Launches Layer 1 for 'Regular People'01:02Toncoin Jumps 61% in Two Days Amid Telegram's

Guggenheim Treasury Services and blockchain platform Zeconomy issued $20 million of tokenized commercial paper on the Ethereum blockchain. Zeconomy CEO Giacinto Cosenza said he sees "massive demand" for digital assets, as demonstrated by the success of crypto ETFs. 00:22 Bitcoin Is a Cryptocurrency and 'Not a Blockchain Technology': Gavin Wood 54:46 CoinDesk Spotlight: Gavin Wood

Sep 9, 2020 at 13:58 UTCUpdated Sep 9, 2020 at 14:01 UTCCredit: Shuttrstock/Burdun IliyaHuobi, the third-largest crypto exchange by derivatives trading volume, is now giving users a way to earn relatively attractive interest rates on a bitcoin or USDT savings account. The product, launched Sept. 7, is the exchange’s latest bid to beat its competitors…

Bitcoin, the world's largest cryptocurrency by market capitalization has jumped 6.6 percent in quick succession pushing prices well above $6,600.