Stanford University to Return Crypto Donations From FTX
According to a Bloomberg report, the Californian university Stanford University intends to return all funds it received from the now-defunct cryptocurrency exchange FTX running into millions. Between November 2021 and May 2022, Stanford received $5,500,000 in donations from FTX-affiliated entities. September 19 email statement from a university spokesperson: “We have been in discussions with attorneys […]
Binance Halt Support for 15 BUSD-Related Spot Trading Pairs
Binance is phasing out Binance USD (BUSD) trading pairs due to liquidity and efficiency problems to improve trading market quality and protect customers. Due to their frequent evaluation of listed spot trading pairs, low-liquidity and low-volume pairings may be delisted. In a recent announcement, Binance officially disclosed that it will discontinue several spot trading pairs […]
Grayscale Has Filed For New ‘33 Act Ether Futures ETF
Grayscale’s submission of an application for an ether futures ETF has generated significant attention, indicating a possible change and prompting inquiries regarding the future of their Ethereum Trust. Grayscale Investments has submitted an application for a novel exchange-traded fund (ETF) designed to monitor ether futures as it seeks approval from the Securities and Exchange Commission […]
DeFi Protocol Balancer Frontend Under Attack
At 11:49 UTC on September 19, the platform advised its community to refrain from interacting with the protocol Balancer until further notice. Balancer, a decentralized finance protocol based on Ethereum, cautions users to avoid its website following an attack on its frontend. At 11:49 UTC on September 19, the platform notified its community, requesting that […]
All You Need to Know About DeFi Flash Loans
DeFi, or Decentralized Finance, has become increasingly prominent and well-liked in cryptocurrencies and blockchain technology. DeFi flash loans are among the many DeFi instruments that have received much attention and generated much discussion and debate. Within the DeFi ecosystem, flash loans are an interesting development because of the revolutionary change they represent in how you […]