Top UK university partners with AI startup to analyze crypto market
Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation. This post was originally published on this site
Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations
The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated. This post was originally published on this site
Huobi’s TVL drops to $2.5B amid rumors of insolvency, investigations in China
The exchange faces ongoing rumors about its stablecoins reserves and an alleged investigation by Chinese authorities.This post was originally published on this site
Aave Chan founder proposes buying $2M in CRV from Curve founder
The proposal drew mixed reactions from the community, with some criticizing the strategy for buying more CRV even as others are looking to shed exposure.This post was originally published on this site
Protocol to identify ‘systemically important’ blockchain banks could help prevent a market crash: Study
After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community. This post was originally published on this site
Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk
The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem and many lending protocols are rushing to minimize their exposure. This post was originally published on this site
DeFi options platform uses social logins, margin trading to draw in liquidity
Developers claim Synquote handled a trade of over $1 million of notional volume in its beta with no detectable slippage. This post was originally published on this site
Bitcoin price hangs in the balance — Friday’s $2.26B BTC options could result in more downside
Bitcoin bears benefit from the current macroeconomic uncertainty and are aiming for a $270 million profit if the BTC price falls below $25,000.This post was originally published on this site
Bitcoin price risk? US debt deal to trigger $1T liquidity crunch, analyst warns
Bitcoin price could drop to $20,000 in Q3 amid mounting worries about a potential cash liquidity crisis led by the U.S. Treasury Department.This post was originally published on this site
Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade
After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to furnish U.S. dollar liquidity, with the intention of alleviating the impact of such severe shocks on the flow of credit to […]