FILTERED RESULTS
FILTERS
Ads Top
DARK MODE
CHART
MCap $2.6T +0.3%24h Vol $93B +1.7%Fear & Greed 50/100Alts Index 37/100
BTC.D 58.6% +0.2%Stable.D 10.1% 0%ETH.D 11.4% +0.1%Others.D 19.9% -0.3%
DRV$0.1748+25.23%CASHCAT$0.1905+23.32%HNT$0.4829+21.92%USELESS$0.2714+18.73%ZEC$1,354.50+17.19%VVV$24.935+15.12%LIT$4.752+13.76%DASH$57.737+12.84%NEAR$2.653+12.78%ARB$0.1718+12.63%
AI$0.2684-16.48%STONK$0.1705-13.09%STABLE$0.0240-11.19%牛来$0.1078-9.28%SKY$0.0569-6.07%ZCAT$0.1006-4.71%PI$0.0833-3.89%APEPE$0.00000117-3.46%FIL$0.7994-2.44%JLP$4.309-2.34%
Top movers 24h
    Filters
      Coins
      Sentiment
      Impact
      Search
      FILTERED RESULTS

        

      Upgrade your plan
      Dashboard

      Crypto-Friendly Bank Erebor Cancels Free Stablecoin-to-Cash Redemption, Wintermute and Other Institutions Used It for Arbitrage

      PANews, September 16 – According to The Information, Erebor Bank, a crypto-friendly bank founded by Palmer Luckey, launched a service earlier this year that offered free conversion of Circle and Tether stablecoins into cash in an effort to attract crypto clients. However, professional trading firms such as Wintermute identified and exploited the arbitrage space within the service, causing the bank to suffer losses. The service was discontinued after several months. The report points out that stablecoins do not always maintain $1 in actual transactions, with redemption fees, liquidity differences, and de-peg risks all causing deviations—posing challenges for a new wave of banks attempting to treat stablecoins as equivalent to cash.


      Source: PANews
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud