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Is Chief Twit Elon Musk Also Top DOGE?

Is Chief Twit Elon Musk Also Top DOGE?

Go to Source Author: Daniel Kuhn

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USDC Boasted Transparency but It Didn’t Help When Silicon Valley Bank Got Into Trouble

The stablecoin offers greater transparency than competitors like Tether, but, unfortunately, that proved of little value as it was de-pegged during the recent banking crisis, says JP Koning.

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Analysts say dogecoin rally is built on little more than narrative, expect short-term volatility

Dogecoin moves rely heavily on the illiquid nature of the memecoin market, and any upside is usually short-lived.

The post Analysts say dogecoin rally is built on little more than narrative, expect short-term volatility appeared first on The Block.

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Inventor of Ethereum’s ERC-20 Token Standard Plans New Blockchain ‘LUKSO’ for Creative Types

Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,” and validators will be able to join the network through the Genesis Validator Smart Contract Deposit.

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Twitter’s Dogecoin rally: One trader made $1.1 million in 30 minutes

A trader who goes by the moniker “Tree of Alpha” made over $1 million from Dogecoin trades after Twitter changed its logo to the dog.

The post Twitter’s Dogecoin rally: One trader made $1.1 million in 30 minutes appeared first on The Block.

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Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo

The firm said it continues to invest in and grow its asset management business.

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OPNX fizzles at open, with a paltry $13.64 in volume during the first 24 hours

OPNX, the new exchange for crypto-related bankruptcy claims, got off to trading with a dud, seeing just $13.64 in volume across both spot and perpetual derivatives trading.

The post OPNX fizzles at open, with a paltry $13.64 in volume during the first 24 hours appeared first on The Block.

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Citi Analyst: CBDCs Will Be a ‘Trojan Horse’ for Blockchain Adoption

Future of Finance Global Head Ronit Ghose says the adoption of blockchain technology will be driven by CBDCs, digital securities and endgame tokens.

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Binance Rejected Justin Sun’s Offer to Buy His Huobi Stake: Source

Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.

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Want to manage a $20 billion stablecoin portfolio? Paxos is hiring.

Paxos is looking for help managing its reserves and is seeking a new Head of Portfolio Management.

The post Want to manage a $20 billion stablecoin portfolio? Paxos is hiring. appeared first on The Block.

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