Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
The stablecoin pool ideally has a weightage of 33.3% of USDT, USDC and DAI; however, on June 15, the USDT...
Month: June 2023
Crypto trading bot borrows $200M for a $3 gain
One community member praised the bot, saying that “profit is profit,” while another said that the event highlights how bad...
‘Pick your targets’ — Bitcoin analyst believes Fed will favor bulls
Fed chair Jerome Powell was “all bark, no bite” with his hawkish comments, which sent BTC price action below $25,000,...
Binance launches Bitcoin mining cloud services amid SEC crackdown in the US
Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and...
Hong Kong govt pressures banking giants to accept crypto clients: Report
Hong Kong’s central bank reportedly asked major banks — including HSBC, Standard Chartered and Bank of China — why they...
Voyager app set to reopen for customer withdrawals as soon as June 20
Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal....
Institutional crypto broker FPG halts withdrawals after $20M cyberattack
Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening. Cryptocurrency brokerage...
Pro-Bitcoin Miami Mayor Francis Suarez files for 2024 presidential bid
Miami Mayor Francis Suarez signed paperwork on June 14 signaling his intention to run for the United States presidency. Francis...
Here’s what happened in crypto today
Crypto prices have yet to react to the Fed decision to temporarily halt rate hikes; meanwhile, the S&P 500 steamrolled...
Binance applies to deregister in Cyprus, says focus is on ‘larger markets’
The Cyprus SEC lists the exchange as “Under examination for application for deregistration” on the island. Binance appears to be...
Bitcoin dips below $25K for the first time in 3 months
The price of Bitcoin plunged 4% as the Federal Reserve pressed pause on interest rates. The price of Bitcoin (BTC)...
Fed pauses interest rates, but Bitcoin options data still points to BTC price downside
Fed Chair Jerome Powell announced a pause in interest rates, but Bitcoin options data still warns that a BTC price...
US senators propose bill to eliminate Section 230 protection for AI companies
The bipartisan bill purportedly seeks to hold companies accountable for harm, but it’s unclear whether Section 230 even applies to...
Jack Dorsey’s relief fund pledges $5M donation to Bitcoin-focused nonprofit
The fund reported it had distributed more than $500 million to projects, including the Tor Project, the Signal Technology Foundation...
French financial markets ombudsman reports jump in crypto-related mediations
The Autorité des marchés financiers ombudsman saw mediation requests rise by almost a quarter in a year; the number of...
