Crypto News
Aave to launch overcollateralized stablecoin called GHO
Decentralized finance (DeFi) giant Aave has unveiled plans to launch an overcollateralized stablecoin called GHO, subject to the community DAO’s approval.
cointelegraph.com
Veteran Trader Peter Brandt Accuses Binance Of Filling Customer Orders Wrongly And Covering It Up
In a series of tweets on Friday, Peter Brandt accused leading crypto exchange Binance of executing customer trades at the wrong prices after CZ said “blockchain is a permanent public record”.
thecryptobasic.com
Bitcoin Suddenly Soars to Highest Level Since Mid-June
Bitcoin, the bellwether cryptocurrency, managed to reclaim the $22,000 level for the first time since mid-June.
u.today
What bear market? Consumer confidence higher among crypto owners than normies
Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting 16.4 points higher on the consumer sentiment index.
cointelegraph.com
Can Repayment to Mt. Gox Creditors Lead to Another Bitcoin (BTC) Crash?
On Wednesday, July 6, Mt. Gox Trustee announced that they would be repaying the creditors of the defunct cryptocurrency exchange. Toky-based Mt. Gox, once the biggest crypto exchange, suspended all trading and went offline back in February 2014.
coingape.com
Tether [USDT]: Whales and what a new 3-year low means for the stablecoin
The current state of the cryptocurrency market can be best described with the help of falling dominoes. First, it was the collapse of the algorithmic stablecoin TerraUSD [UST], sowing turbulence in the broader market. Then its the grown-up cousin Tether [USDT] that wavered from the peg, fueling concerns over its status as a place to hide during times of turbulence. While things appear to be settling down for the moment, nobody’s feeling safe. More specifically, Tether, certainly isn’t.
ambcrypto.com
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST).
bitcoin.com