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Less than $20 billion of stablecoins left on exchanges as capital continues to drain

Key Takeaways Nearly $24 billion of stablecoins have left exchanges since FTX collapsed last November The total marketcap of stablecoins has dipped $16 billion in that time Liquidity continues to fall in the crypto space, with capital moving elsewhere despite rising prices Strict regulatory climate in the US, high yields in trad-fi and uncertainty may […] The post Less than $20 billion of stablecoins left on exchanges as capital continues to drain appeared first on CoinJournal. дальше »

2023-5-20 19:01


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Does the divergence between USDT and USDC signify a winner in the stablecoin wars?

Quick Take USDT and USDC started roughly simultaneously, back in 2018, and grew in tandem with one another as the crypto market also grew, all the way through to 2022. In May 2022, USDC took a tumble to roughly $50 billion in circulating supply – total amount of all coins ever created/issued – while USDT […] The post Does the divergence between USDT and USDC signify a winner in the stablecoin wars? appeared first on CryptoSlate. дальше »

2023-5-18 19:47


Celsius withdrawing nearly $800 million of Ether from Lido

Key Takeaways Bankrupt lender Celsius is trying to withdraw $779 million worth of ETH from Lido The ETH represents 7% of the total amount staked with Lido Celsius has $4.7 billion of debts with creditors, and sent the market into a tailspin last year after it got caught up in the Terra contagion Celsius also […] The post Celsius withdrawing nearly $800 million of Ether from Lido appeared first on CoinJournal. дальше »

2023-5-17 17:30


Ex-Ethereum developer calls Open AI founder’s Worldcoin project ‘unrealistic and scary’

Piggybacking off the success of OpenAI’s ChatGPT, its founder Sam Altman is reportedly close to snagging $100 million in funding for his crypto project Worldcoin. The project had already raised $100 million at a valuation of $3 billion last year from marquee investors including Andreessen Horowitz and the venture capital arm of Coinbase. дальше »

2023-5-16 17:00


Ex-Ethereum developer calls OpenAI founder’s Worldcoin project ‘unrealistic and scary’

Piggybacking off the success of OpenAI’s ChatGPT, its founder Sam Altman is reportedly close to snagging $100 million in funding for his crypto project Worldcoin. The project had already raised $100 million at a valuation of $3 billion last year from marquee investors including Andreessen Horowitz and the venture capital arm of Coinbase. дальше »

2023-5-17 17:00