ArkotNews

The latest price moves in crypto markets in context for April 6, 2023.

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

The stablecoin offers greater transparency than competitors like USDT but that proved of little value as it was depegged during the recent banking crisis, says J.P. Koning.

Washington’s “war on crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge.

Rook Labs and activist investors reached a deal that returns millions of dollars to the former DAO.

The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.

The upgrade may in time attract a new group of investors, Brian Mosoff, said.

A proposal would divvy up Rook’s nearly $50 million crypto treasury between Rook Labs, which builds MEV technology, and the new Incubator DAO.

We love you but we don’t miss you.

Jobless claims beat expectations by an even wider margin than in the initial report, after a revision Thursday. Crypto investors largely ignored the change, although the increasing jobless figures bode well for the market.