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Three Arrows Capital-Affiliated Crypto Firm Raises $100 Million for New Liquid Token Fund – Here's What You Need to Know
14.3.2023
DeFiance Capital has reportedly raised $100 million for its liquid token fund.
On Monday, The Block reported that the crypto investment firm completed the first close of the new fund, citing "two sources with direct knowledge of the matter". ...
Read More: Three Arrows Capital-Affiliated Crypto...
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
13.3.2023
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley...
How and why do stablecoins depeg?
12.3.2023
Discover the causes and mechanisms behind stablecoin depegging
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’
12.3.2023
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United States. Circle said that the company’s teams would be ready on Monday to “handle...
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
11.3.2023
According to Circle, USDC liquidity operations will "resume as normal when banks open on Monday morning in the United States," enabling USDC redemption at 1:1 with the U.S. dollar
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident
11.3.2023
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of...
Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles
10.3.2023
Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” according to Wells Fargo equity analyst Jared Shaw. Silvergate’s liquidation...
Justin Sun Moving Stablecoins After Promising to Create Huobi Liquidity Fund
10.3.2023
Sun’s USDT is moving after Huobi’s HT Token Dropped 93% and then rebounded
0x Project x KyberSwap Elastic: Better access to Elastic liquidity
9.3.2023
Kyber Network recently shared an update with the community, informing them on Twitter about the integration of 0x Project with KyberSwap Elastic. The objective is to create a liquidity source on Polygon and Ethereum, thereby enabling users to access Elastic liquidity on all 0x trade routes....
Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet
8.3.2023
On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown...
DeFi Protocol Maverick Unveils UniSwap Rival Decentralized Exchange on Ethereum
8.3.2023
Maverick Protocol said that it developed a novel automated market maker algorithm that offers more customization and higher capital efficiency than top decentralized exchange UniSwap
Three Arrows-Backed Crypto Liquidity Protocol Rook Surges 23%
8.3.2023
Liquidity protocol Rook has experienced a surge in activity with its token rising by 23% on speculation that Three Arrows Capital founders Zhu Su and Kyle Davies have completed a fundraise for the bankruptcy-claims exchange
Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April
5.3.2023
On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity alongside enhancements in interface accessibility and...
Jack Dorsey’s TBD launches ‘C=’ to improve Bitcoin Lightning Network
4.3.2023
C= (pronounced C equals) aims to further the reach of the Bitcoin Lightning Network through added liquidity and routing services
Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting
3.3.2023
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin
Coinbase CEO Armstrong: We Delisted BUSD Due to Liquidity Concerns
1.3.2023
Coinbase CEO Brian Armstrong said the exchange decided to suspend trading of Binance USD (BUSD) because the company had concerns about its liquidity
‘Liquidity’ has most affected Bitcoin’s price in the last year, according to trader Brian Krogsgard
28.2.2023
Cointelegraph’s Crypto Trading Secrets podcast welcomed Brian Krogsgard, aka Ledgerstatus on Twitter, for Episode 6
Alameda Gap Persists as Stunted Liquidity Holds Back Crypto Market
28.2.2023
February is ending, but the 'Alameda Gap' is not.
As the second month of this year is wrapping up, the prices in the crypto market have somewhat recovered from last year's crash. Still, the so-called 'Alameda Gap' resists filling, as the liquidity remains far from the levels seen before...
Crypto Traders Worried About Continued Liquidity Thinning in Bitcoin and Ether
28.2.2023
Low liquidity, as measured by the 2% market depth, has traders worried that it could make the crypto market more susceptible to shocks
Ceffu (Formerly Binance Custody) to be Custodian of Flynt Finance for Enhanced Asset Security and Off-Exchange Settlement
27.2.2023
PRESS RELEASE. Flynt Finance, a cryptocurrency portfolio management platform, has announced a partnership with Ceffu, formerly known as Binance Custody, to provide its clients with enhanced asset storage security and access to its off-exchange settlement solution, Mirror. Ceffu is an institutional...