ArkotNews

We love you but we don’t miss you.

Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.

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.

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?

“We believe it is time to take this model to the next level and supercharge CAKE towards a deflationary model based on real yield and CAKE burn,” a blog post said.

The FTT exchange token is up 17% on the news.

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

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

There was not a mass unlock of staked ETH, as some predicted, boding well for Ethereum and liquid staking derivatives.

The department's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.