After most significant failures of centralized platforms such as FTX, we could observe a large uptick in Bitcoin withdrawals from exchanges.
In a pilot project, Singapore’s central bank wants to explore the benefits and risks of digital securities and DeFi applications.
In view of the recent developments in the crypto sector, BaFin as well as the G7 are trying to create new uniform regulations.
The collapse of the largest algorithmic stablecoin, TerraUSD (UST), ends the dreams of an unsecured dollar token.
Jane Street Capital is another Wall Street giant entering the crypto market, looking to borrow through DeFi’s “Clearpool” platform.
The International Monetary Fund (IMF) marks in its latest Global Financial Stability report that DeFi is a concern for global markets.
An introduction to the leading decentralized stablecoin TerraUSD (UST), including its stabilization mechanisms, adoption history, and risks.
The SEC has acknowledged an application for a Solana ETF, starting the clock for approval or rejection with the deadline in October.
Marktrückblick
A summarizing review of what has been happening at the crypto markets of the past week. A weekly report in cooperation with Kaiko.
NFTs
The NFT market is rebounding with $800M in monthly sales and positive sentiment, led by Pudgy Penguins’ memecoin PENGU.