Gemini follows Coinbase to halt UST trading. Following the crash of the Terra ecosystem tokens and the de-peg of TerraUSD (UST), U.S.-based cryptocurrency exchange Gemini has announced that it will be halting trading for the stablecoin next week. The exchange, owned by Tyler and Cameron Winklevoss, announced via its Twitter account that trading of the […]
Shkreli was released from prison Wednesday. Martin Shkreli Talks DeFi Martin Shkreli, the so-called “Pharma Bro” who became notorious for hiking the price of the life-saving drug Daraprim by over 5,000%, is bullish on DeFi. On a Twitter Spaces call early Saturday, the controversial entrepreneur discussed his thoughts on the future of Bitcoin and DeFi […]
A cryptocurrency exchange in Brazil has taken the unprecedented step of spending its own money to refund customers for their TerraUSD coins at the full rate. According to reports in local media on May 20, the Nox Bitcoin exchange has refunded all UST holders at a $1 rate with Tether’s USDT. The report stated that […]
In the most recent AMA session of Binance CEO Changpeng Zhao, the CEO disclosed that some Binance employees suggested trading against their own users during the Luna breakdown and making a massive profit. CZ told Reddit users what happened to those employees afterwards. CZ said that it would be a «pyrrhic victory» to chase the gain that […]
Fellow Binancians, Binance Futures has launched the Liquidity Analysis feature on the Derivatives Portal for VIP users and those enrolled in the Futures Market Maker Program. This section displays customized charts (Cost To Trade, Bid-Ask Spread, Book Depth) for select USDⓈ-M Futures and COIN-M perpetual contracts on Binance Futures. For more information: What Is Liquidity […]