Wintermute transfers $75M FDUSD since depegs, in $3M arbitrage opportunity

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…

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US sanctions 8 crypto wallets tied to Garantex, Houthis

The US Treasury Department sanctioned eight cryptocurrency wallet addresses linked to Russian crypto exchange Garantex and the Houthis. The United States Office of Foreign Assets Control (OFAC) sanctioned eight crypto addresses that data from blockchain forensic firms Chainalysis and TRM Labs had linked to the organizations. Two are deposit addresses at major crypto platforms, while…

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How a 7,000 TPS blockchain is shaping the future of regulated finance

A new report by Cointelegraph Research explores Coreum’s role in institutional blockchain adoption. It analyzes the project’s technical architecture, compliance framework and its potential impact on regulated asset tokenization. The report presents insights into transaction efficiency, security mechanisms and crosschain interoperability. It also evaluates how Coreum fits into the evolving financial landscape. Blockchain evolution and…

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What could go wrong and what could go right?

Opinion by: James Strudwick, executive director, Starknet Foundation The outlook surrounding the use of new technologies has shifted in Washington. Tesla CEO and presidential adviser Elon Musk’s proposition to incorporate blockchain technology into the US Treasury has placed blockchain and its use for state finances at the forefront of the global debate. According to Musk,…

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DoubleZero protocol announces validator token sale

The DoubleZero Protocol, a blockchain infrastructure network aiming to multiply speeds and efficiency for distributed networks, announced a validator token sale to sell token-purchase agreements for its native token to prospective validators. Applications for the sale will be accepted April 2-10 through the CoinList platform, marking its first public token sale in the United States…

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