On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $ 20 million in digital currencies were moved after the estate transferred $ 8.6 million in cryptocurrencies to Binance earlier in the day. FTX Mobilizes Millions in Crypto to Centralized Exchanges …
Stablecoin Market Navigates Shifting Sands as Tether Announces New CEO and USDR Depegs
The stablecoin landscape has been stagnant for the last two months, barely exceeding $ 123 billion as we approach the third week of October. Even though fiat-pegged token trading saw a spike this week, on October 13, stablecoin transactions made up 22.96% of the global crypto economy’s trade volume. Just a day earlier, they …