Latest from Oliver Knight
HUSD Stablecoin Returns to $1 Peg After Liquidity Problems
The HUSD team explained that the de-peg was caused by a market maker account that was closed, causing liquidity issues.
New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings
BDO Italia said the holdings fell 58% to $8.5 billion at the end of the most recent quarter.
Crypto Stocks Retreat on Bitcoin's Dip as Macroeconomic Concerns Linger
Cryptocurrency mining equities were among the worst-hit in Friday's trading session.
Cash-Backed HUSD Stablecoin Loses Peg, Drops to 92 Cents
The stablecoin is trading as low as 89 cents against USDC on Curve Finance.
Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report
Nexo was locked out of a BitMEX account connected to its former director, resulting in $7.9 million in losses.
Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits
Moro is to be replaced on an interim basis by Chief Operating Officer Derar Islim.
UK Group to Test Stablecoin Payments, Provide Data to Bank of England
The Digital FMI Consortium, a group of private-sector companies, will start a pilot scheme in October and run it for a minimum of a year.
Tencent Halts NFT Sales on Its Huanhe Platform Amid Regulatory Scrutiny: Report
Users will still be able to hold, display or request a refund for their digital tokens.
Crypto Lender Hodlnaut Applies for Creditor Protection in Singapore
Hodlnaut is looking to appoint a judicial manager to avoid liquidating customer assets at a loss.
Blockchain Services Firm Eqonex Closes Crypto Exchange, Citing Volatility and Dwindling Volume
The Nasdaq-listed company will now focus on its asset-management and custody businesses.
