ArkotNews

ETH’s share of the total crypto market capitalization rose to a one-month high, according to TradingView data.

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves.

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

The request comes after an investor failed to maintain payments to the exchange.

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

The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand. 

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.

Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.