deposited

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:37 AM - Modified On: July 1, 2023 - Published By:
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Republished By Plato

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Paribus. Trust Less.

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Time Stamp: May 3, 2023 4:37 AM - Modified On: May 3, 2023 - Published By:
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Republished By Plato

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Meet Spectre: The Platform Revolutionizing and Simplifying High Frequency Trading

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Time Stamp: September 27, 2022 8:22 AM - Modified On: September 27, 2022 - Published By:
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By Plato Blockchain When first stumbling into the world of high frequency trading, the complicated jargon and unintuitive platforms are oftentimes a barrier for non-technical users to understand their workings. Luckily, with the increase in interest in blockchain technology around the world coupled with human nature to innovate, development teams around the world are creating platforms for novice and experienced users alike to trade cryptocurrencies in a simple manner. A web search for “best trading platform” yields nearly 383 million results. Yet, after diving into some of these results, one