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Luna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg

This isn’t the first time UST has lost its peg. But the controversial algorithmic stablecoin de-pegged yet again just days after the Luna Foundation Guard (LFG), the organization backing it,…

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Indian Finance Minister Praises Blockchain but There’s a Catch 

Hailing blockchain as “absolutely imperative,” Indian Finance Minister Nirmala Sitharaman asserted that the anonymity factor of this emerging technology is an “inherent risk,” and it calls for taking precautions. She,…

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Bitcoin Fear and Greed Index Deep in ‘Extreme Fear’ as BTC Dumped to $34K

With bitcoin’s price continuing to lose value, the popular Fear and Greed Index has dropped into an extreme fear territory once again. In fact, the metric hasn’t been in such…

Continue ReadingBitcoin Fear and Greed Index Deep in ‘Extreme Fear’ as BTC Dumped to $34K

Clearpool and Jane Street Launched a Permissioned Pool Focusing on KYC Compliance

After launching five Permissionless Pools, Clearpool established its first-ever permissioned pool that allows institutional lenders to earn yields up to 15% by staking USDC. The project partnered with Jane Street…

Continue ReadingClearpool and Jane Street Launched a Permissioned Pool Focusing on KYC Compliance