ArkotNews

The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.

HashKey has also expanded its OTC service by expanding its liquidity coverage and range of tokens in the spot market.

The move continues a 2023 rally that has now seen the most popular crypto gain more than 80%.

Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.

The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.

The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.

The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.

Ripple was projected to have spent $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities.

ETH’s price slid 1.5% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is expected to occur April 12.

The exploiter paid back Aave users’ USDT debts on its v1 markets, making the total USDT borrowed stand at zero.