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Latest from Krisztian Sandor
Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users
The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following the demise of FTX.
Beaten-Down FTT, Serum Tokens Lead Altcoin Rally, Triggering Short Squeeze
Traders liquidated some $245 million worth of short positions, according to Coinglass.
La baja en la demanda de BUSD representa un nuevo capítulo en la guerra de las stablecoins
Binance USD, la stablecoin del exchange más importante, soportó US$5500 millones en reembolsos netos en un mes en medio de las preocupaciones sobre Binance. Sus principales rivales, USDT y USDC, recuperaron su participación de mercado.
Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars
The largest crypto exchange’s binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals USDT and USDC picked up market share.
Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults
Orthogonal defaulted on $36 million of loans on DeFi protocol Maple earlier this month after it allegedly misrepresented the scale of its losses from the FTX implosion.
DeFi Project Popsicle’s ICE Token Triples as Controversial Wonderland Founder Returns
The sudden price surge of Popsicle’s ICE native token coincided with the controversial blockchain developer Daniele Sestagalli revealing his return to rebuild the project.
Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation
The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.
Protocol Developer Archblock Aims to Bring US Community Banks to DeFi Through Partnership
Archblock and Adapt3r's joint effort highlights an accelerating trend in DeFi to cozy up with old-school banking.
Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana
The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said.
Binance's CZ Welcomes 'Stress Test' as Exchange Resumes USDC Withdrawals
The world's largest crypto exchange by trading volume has endured a wave a withdrawals amid concerns about reserves. Withdrawals of the stablecoin USDC were paused for several hours but have now resumed.
