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Technology

An in-depth look at FTX and Alameda shows UST's collapse in May increased their reliance on FTT, leading to $4B outflows from Alameda to FTX in June and July (Nansen)

[ad_1] Nansen: An in-depth look at FTX and Alameda shows UST’s collapse in May increased their reliance on FTT, leading…

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Technology

Most rival algorithmic stablecoins are below the dollar peg after UST's collapse, while the two largest stablecoins Tether and USDC are holding their dollar peg (Joanna Ossinger/Bloomberg)

[ad_1] Joanna Ossinger / Bloomberg: Most rival algorithmic stablecoins are below the dollar peg after UST’s collapse, while the two…

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Technology

Janet Yellen says that passing legislation this year to create a regulatory framework for stablecoins "would be highly appropriate", after UST's stumble (Paul Kiernan/Wall Street Journal)

[ad_1] Paul Kiernan / Wall Street Journal: Janet Yellen says that passing legislation this year to create a regulatory framework…

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