Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance
Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.
Elon Musk’s X Seeks Data Partner to Build Trading Service on App: Semafor
Elon Musk’s soon-to-be super app X, formerly known as Twitter, is looking for a financial-data giant to build a trading hub inside the app, news outlet Semafor reported citing documents and people familiar with the matter.
Crypto and the Real Meaning of ‘Radicalism’
The right-wing economics that shaped crypto doesn’t determine its future, argues a new book by Joshua Dávila – A.K.A. The Blockchain Socialist.
South Korean Exchange Upbit Surpasses Coinbase, OKX in July Trading Volume to Take No. 2 Spot for First Time
The exchange bucked the general market trend that saw a decline in trading volume for most centralized exchanges.
Animoca Brands-Backed Game ‘Wreck League’ Puts Bored Apes Into the Storyline
The new game, launching in the next few weeks, will allow players to assemble giant robotic characters using collectible NFT parts.
Why I Don’t Feel Bad for HEX Founder Richard Heart’s Victims
Maybe the SEC can finally convince Hex and PulseChain devotees that they’ve been cheated.
Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor
The price of bitcoin (BTC) and Binance’s BNB token immediately fell following the report.
Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts
“The odds of a spot Bitcoin ETF launching this year are up to 65%, in our eyes, after a flurry of developments,” analysts James Seyffart and Eric Balchunas wrote. They previously assigned a 50% probability.
Crypto Hedge Funds Will Shake Up the Industry: Crypto Long & Short
There are hundreds of them already in crypto, and that’s likely to go up and catalyze the industry.
Bitcoin Venture Capital Is Anything but Boring: Crypto Long & Short
The purposeful approach to Bitcoin Core development fuels the idea that “nothing is happening on Bitcoin,” but innovation is actually robust.