Author: Yeek.io
Market makers’ blockchain transactions point to a potential $3 million arbitrage opportunity related to the depegging of the FDUSD stablecoin.The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2, after Tron founder Justin Sun claimed that the stablecoin issuer was insolvent.Market marker Wintermute transferred over 75 million FDUSD tokens back to First Digital within a day since the stablecoin depegged to $0.87.Source: Lookonchain“Since $FDUSD depegged, #Wintermute has transferred 75M $FDUSD to First Digital Labs,” wrote blockchain intelligence platform Lookonchain, in an April 3 X post, adding:“They likely bought $FDUSD at a discount during the depeg and redeemed it 1:1…
Datagram has launched its Core Substrate, a decentralized connectivity baselayer designed to support scalable, real-world decentralized applications and DePIN infrastructure Announced on April 3, Datagram’s Core Substrate offers developers a live, plug-and-play alternative to centralized cloud solutions, crypto.news can exclusively report. The feature is now live and in active partnership discussions with leading blockchain ecosystems. The platform allows developers to launch custom DePIN networks and real-world applications on a dedicated, scalable node network, without the complexity typically associated with Web3 integration. The ‘foundation’ of other DePins The new substrate positions Datagram as a foundational layer for the DePIN space, comparable…
Tavernlight Games has officially launched the $QUEST for its MMORPG title RavenQuest on April 3 via Immutable zkEVM, following the game’s public release on PC just three weeks prior on March 14.This comes after a notable early performance from the game, which has recorded over 1.74 million in-game transactions, more than 1.65 million Twitch views, and over $349,000 in NFT volume.Unlike other blockchain games, the $QUEST token is launching into an already active live game environment and its functions are tied to in-game systems from the outset. Source: RavenQuestWhat is $QUEST?$QUEST is the primary utility token within RavenQuest, used for…
The US Commodity Futures Trading Commission (CFTC) has recently withdrawn two pieces of crypto-related staff guidance in yet another shift in the country’s regulatory efforts. Both decisions were effective immediately.Notably, these advisories signaled a significantly increased review of the digital asset sector at the time they came into effect. Therefore, the decision to remove the guidelines indicates a friendlier approach.This does not mean that the industry is exempt from the CFTC rules, but it may mean that the regulator will finally treat digital asset derivatives like other products it oversees.On 28 March, the CFTC announced that its Division of Market…
Long-term SHIB holders rose 7.5%, showing growing investor conviction amid falling prices. Large holder netflows reversed sharply negative, down 212% over the quarter. Shiba Inu’s [SHIB] investor ecosystem has undergone a dramatic transformation in Q1 2025. According to IntoTheBlock, long-term holders now command over 80% of the total SHIB supply. Seemingly, it suggests a clear departure from the memecoin’s early reliance on short-term speculative trading. Source: IntoTheBlock Diamond hands take the throne In fact, a comprehensive analysis of wallet behavior shows consistent growth in SHIB holdings by long-term investors—those who have held for more than a year. Source: IntoTheBlock SHIB…
Many cryptocurrency issuers struggle with liquidity issues that affect their secondary market sales. Flowdesk’s flagship Market-Making-as-a-Service (MMaaS) solves this by letting token issuers manage their liquidity using their funds and strategies. This reduces market volatility and creates smoother trading on centralised (CEX) and decentralised exchanges (DEX).Flowdesk, a full-service digital asset trading and technology firm, has secured $102M — $91.8 million in equity and $10.2 million in debt – in new financing. The round combines equity funding from HV Capital and existing investors Eurazeo, Cathay Innovation, and ISAI, plus debt financing from BlackRock-managed funds and accounts. This raises Flowdesk’s total funding…
Recently, former US President Donald Trump highly praised Bitcoin in a public speech, calling it “the world’s greatest value storage tool” and “a key force in hedging traditional asset risks”, and specifically mentioned the strategic value of BSTR Miner cloud mining platform in promoting the popularization of Bitcoin. This statement quickly triggered heated discussions in the global financial and technology circles, and BSTR Miner, with its innovative user incentive system and industry-leading computing power services, is becoming the preferred platform for investors to embrace digital assets.Trump: Bitcoin is the “safe haven” of future wealth, and cloud mining is the core…
In January 2025, the UK government announced the ‘AI Opportunities Action Plan’ to act as a roadmap and guide the country in utilising the technology most efficiently. This is an absolute must, given that we are still in the nascent stages of AI’s use, and it is likely the best is yet to come. However, this does not mean abandoning the development of other technologies. One such technology that has arguably fallen to the wayside as a result of AI’s hype is blockchain. To ensure this does not take place, a new letter has been written to Varun Chandra, the Prime…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum (ETH) continues failing to reclaim the $2,100 resistance, dropping 6% in the past week. As the second largest crypto trades within its “make or break” levels, some market watchers suggest it will continue to move sideways before another…
In the early hours of April 2 (U.S. time), the crypto market was shaken as U.S. President Donald Trump announced comprehensive tariffs on all countries, marking a new escalation in the trade war.Trump Announced A Sky-high Retaliatory Tariff in Multiple CountriesDuring a press conference on April 2, Trump signed an executive order imposing reciprocal tariffs on numerous countries worldwide, aiming to restore what he described as a “fair trade balance” for the United States.The tariffs target a wide range of goods, with rates varying by country and product. The U.S. will impose a standard 10% import tariff on all goods…