Tag: bitcoin

Did Terra operators bail out crypto whales?

The operators of the collapsed Terra stablecoin ($UST) last week allowed selected holders of the dollar token to cash out at close to 100 cents in the dollar, using cryptocurrency […]

Third-largest stablecoin loses its dollar peg

Terra, the third-largest stablecoin by market size, is trading at a discount to its dollar peg after heavy investor selling that threatens broader contagion effects. With a market capitalisation of […]

Russian hackers used bitcoin-powered botnet

A Russian hacking group made clever use of bitcoin to prevent law enforcement bodies from impeding its operations, Google has alleged. In a civil case filed on December 2 in […]

Twitter launches bitcoin tipping

US social media giant Twitter is expanding its Tips feature to include the leading cryptocurrency, bitcoin. Twitter, which has over 200 million users, introduced Tips in May. “We’re making it […]

Bitcoin arbitrage opportunities and risks

Why is the price of bitcoin for future settlement above the current (‘spot’) price? How are hedge funds trying to arbitrage differences in cryptocurrency funding rates? Why is the largest […]

Echoes of Libor in Coinbase’s bitcoin price-rigging

In an echo of the 2011 Libor scandal, Coinbase’s past manipulation of the bitcoin price impacted a key market benchmark. On Friday the Commodity Futures Trading Commission (CFTC), which regulates […]