Ethereum, the second-biggest crypto, jumped as much as 8.3%, its biggest move in three weeks. Traders who bet against it got burned. …
market
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DeFi
Why 90% of your DeFi trades are quietly being routed back to Wall Street market makers
by shayaanby shayaanOpen Jupiter, tell it you want to swap $SOL for $USDC, check the price, and press the button. From the user’s point …
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Markets
Circle's $400M Tazapay deal buys emerging market links that take ‘years to build’
by shayaanby shayaanStablecoins’ “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC’s reach where rival Tether has long …
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Finance
XRP ETFs buck market trend with inflows as Bitcoin funds suffer outflows
by shayaanby shayaan$XRP ETFs carried on their streak of positive inflows with $12.29 million coming in. Bitwise’s $XRP fund, for instance, increased by $9.30 …
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Analysis
Why Is the Crypto Market Falling Today? Bitcoin and Altcoins Under Pressure
by shayaanby shayaanThe crypto market is facing another wave of selling pressure, with Bitcoin plunging after failing to sustain its recent recovery. The BTC …
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Markets
India starts tokenizing $620 billion corporate bond market with digital rupee settlement
by shayaanby shayaanSEBI’s Demat 2.0 pilot turns corporate bonds into digital tokens and settles payment through the RBI’s wholesale digital rupee, with secondary trading …
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Compound Foundation has launched a $USDC lending market with loan-to-value ratios of up to 87% as part of its $52 million plan …
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Compound Foundation is opening a lending market that only institutions can enter, three weeks after relaunching the protocol around institutional credit. The …
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Earlier today, the IMF announced that Nigeria is a significant hub for stablecoin inflows in sub-Saharan Africa. The organization highlighted both the …
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DeFi
How Curve’s soft liquidation model lets borrowers survive market drawdowns
by shayaanby shayaanThe strange part is that these borrowers were not simply waiting in a grace period. Their collateral was already being converted while …