Earlier this week, fashionable American fee big Paypal unveiled the launch of its USD-pegged PYUSD stablecoins to traders. In response, Democrat congresswoman Maxine Waters has raised palpable considerations that will or might not threaten the stablecoin’s operations. Waters Raises Regulatory Considerations Reacting to the information of Paypal’s PYUSD stablecoin launch, congresswoman Maxine Waters noted that […]Read More
Ram Ahluwalia, the CEO of PeerNova, not too long ago commented on the liquidity challenges the crypto market faces. In keeping with Ahluwalia, the shortage of a crypto financial institution settlement layer has led to a big drying up of liquidity, hurting market makers and different individuals within the trade. Crypto’s Greatest Problem In conventional […]Read More
Enron’s liquidator has some alternative phrases for the FTX collapse. John J. Ray III, who was appointed after FTX filed for chapter final week, stated he had “by no means” seen something just like the case in his 40-year profession, throughout which he labored on large firm meltdowns, together with Enron. “By no means in […]Read More
Whereas crypto fans have been sending out their “GM” tweets from Lisbon final week, Shanghai held its solely state-sanctioned blockchain occasion, Shanghai Worldwide Blockchain Week. Hosted by Wangxiang Blockchain Labs, the occasion normally brings collectively the federal government, enterprise, educational, and DeFi degen facet of the trade with a mixture of pleasure and anxiousness. Blockchain […]Read More
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