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Latest from Krisztian Sandor
Bitcoin Wobbles at $29K as XRP Leads Altcoin Losses; SHIB, Helium Gain
Cryptocurrency markets sold off Friday afternoon as equity markets gave up early gains and closed the day in red.
Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance
Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.
Binance Boosts First Digital's Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether
The crypto exchange listed the Hong Kong-regulated First Digital's FDUSD stablecoin last week.
Litecoin Plunges 6% to Fresh Monthly Lows on Halving Day
Historically, LTC has tended to peak ahead of its halving event, at which miner rewards are slashed by 50%.
Bitcoin Dips Below $29K, BNB Slides After Report on DOJ's Binance Concerns
Crypto markets have reversed overnight gains alongside weakness in stock markets and rising Treasury yields.
Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue
Similar uneventful periods in the past preceded major eruptions in volatility for BTC’s price, noted a research firm.
Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole
Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling.
Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter
The issuer of stablecoin USDT said its operational profits exceeded $1 billion in Q2 this year.
Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023
Some $52 million of assets were siphoned from Curve Finance just this weekend.
Bitcoin Teeters Around $29.2K as Crypto Markets Slide Amid Curve Exploit, SEC Clampdown on Hex
BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered a breach.
