EXCHANGE

USDC seeks to restore parity to dollar

On Friday night the USDC stablecoin fell to 10 percent below its $1 per share target value. On Saturday, the stablecoin’s issuer said it would continue to redeem USDC at […]

Binance stops Ukraine withdrawals

Cryptocurrency exchange Binance has stopped clients in Ukraine from using its services, preventing Ukrainians with cryptocurrency holdings from withdrawing their funds into local currency. In a 2 March statement on […]

FTX-HFT contagion?

The initial reaction from traditional financial markets to the sudden bankruptcy of cryptocurrency exchange FTX was dismissive. But could high-frequency trading (HFT) firms be the vector for contagion from crypto […]