Dutch central bank governor Olaf Sleijpen warned that if stablecoins falter, issuers may be forced to liquidate their reserves, thereby magnifying stress across markets.
Upbit operator Dunamu posted $165 million in Q3 net income, driven by a market rebound and stronger investor confidence following new US crypto legislation.
Venture capital firm a16z argues ecosystem-locked tokens, akin to airline miles, could be key for builders to create stable, spendable digital economies without the noise of speculation.
Crypto analysts shared a few ideas on what may have caused the crypto markets to bleed this weekend, but assured that it’s a regular part of the crypto cycle.
A Cardano holder mistakenly turned $6.9 million worth of ADA into $847,695 million worth of a little-known stablecoin after using a highly illiquid trading pool.
Individuals from both communities sparred over privacy, centralization, and market manipulation as ZEC continues to dominate the narrative.
Japan’s FSA plans to reclassify crypto as financial products, enforce new disclosure and insider trading rules, and cut the crypto tax rate from 55% to a flat 20%.
The crypto market is still “very unsure” about which crypto assets to back beyond Bitcoin and Ethereum, according to an executive.
WisdomTree’s Will Peck said that crypto index ETFs will solve the need for those who don’t want to take on “idiosyncratic risk.”
Bitwise CEO Hunter Horsley took a contrarian view to the prevailing crypto investor sentiment, which dropped to a six-month low on Saturday.