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Coinbase Encourages Users To Switch To USDC By Waiving USDT To USDC Conversion Fees

Coinbase asked clients to switch to USDC by introducing zero-fee Tether (USDT) to USD Coin (USDC) conversion.

Alameda Research Withdrew $204M From FTX US Before Filing For Bankruptcy

Arkham Intelligence reported Alameda Research pulled out crypto assets worth $204M from FTX US before filing for Chapter 11 bankruptcy on November 11.

Bybit To Aid Institutional Traders By Launching $100M Support Fund

Bybit announced its plans to launch a $100M support fund to help institutional traders and market makers brave the current market conditions.

Tether Freezes FTX’s $46M Worth Of USDT Assets

Tether has frozen FTX’s USD Tether (USDT) balance following instructions from law enforcement authorities. 

Decline in Stablecoins’ Market Cap: Here’s What We Know

Several stablecoins have recently seen their market capitalization drop by a few billion. This may be due to various factors. But here’s what we know about the downtrend.

Binance’s Stablecoin Hits All-Time High Market Share Of 15.48%

BUSD's stablecoin market share increased to its highest level at 15.48%. The token's market capitalization also grew by 22.88% within the past 2 months.

Coinbase Adds Zero-Commission USDC Trading Outside The US

Coinbase implemented a commission-free USDC trading service for non-USD currencies to encourage wider adoption of USDC.

DeFi Lender Euler Finance Set to Start Accepting USDT as Collateral

Euler Finance will now be accepting USDT as collateral for loans. The proposal, supported by 88% of the voters, has made Euler the largest Ethereum-driven lending protocol that allows users to take loans with USDT.

Court Orders Stablecoin Issuer Tether To Prove USDT Backing

US Judge has ordered Tether to provide financial records on the backing of USDT as part of a bitcoin inflation conspiracy case. The Judge also dismissed Tether’s motion to block the release as the information is vital.

New YouHodler’s “Dual Assets” - For Easy and Simple Staking

YouHodler recently launched Dual Assets, a DeFi product that combines high-yielding DeFi techniques with the simplistic nature of TradFi platforms. Dual Assets promises better risk management and higher returns.

Compound Launches New Version 3 Protocol Upgrade

The DeFi platform released a streamlined protocol version that enhances security, capital efficiency, and user experience. This upgrade eliminates complexity while ensuring that Compound remains an effective tool for DeFi borrowers.

Tether Maintains Position On Leaving Tornado Cash Addresses Unfrozen

Many crypto platforms have recently been coming down on Tornado Cash users; however, Tether remains unmoved despite the pressure.