Ellison ran Alameda Research, the FTX-affiliated hedge fund, and testified that she committed fraud at founder Sam Bankman-Fried's direction last year.
The 30-day average funding rates for perpetual swaps slid to negative levels, a rare occasion that marked a bottom in prices historically, K33 Research said.
Investors during late August and early September pulled roughly $1.2 billion out of the funds over eight consecutive days, the longest streak of exits so far.
The protocol faced a challenging environment as yields from arbitraging bitcoin and ether funding rates tumbled to near-zero. Even so, its USDe token held steady to its $1 peg...
People in crypto tend to eschew politics, but managing a successful Web3 business requires great political skill, says Avishay Ovadia, Founding Partner at Collider.
Aren’t stablecoins and tokenized deposits the same thing? Not at all, argues Noelle Acheson. It’s not just the different functionality and treatment; it’s also the different a...