USDR suffered a liquidity crisis, revealing its illiquid assets.
A trader lost everything swapping USDR for USDC during the crisis.
An MEV bot profited $107,002 from the arbitrage opportunit… Read More
In Bangladesh, demand for imported scrap remains limited mainly due to challenges faced by buyers in opening Letters of Credit (LCs). Offers for shredded scrap from Europe were in the range… Read More
Canada has increased its efforts to fortify its banking sector on Thursday, by offering loan guarantees to mitigate the impending impact of the global financial crisis, which is anticipat… Read More
After China’s largest real estate firm, Evergrande, defaulted on its obligations to debt holders in December 2021, triggering a wider crisis in the industry, the focus has been on anot… Read More
The fall of FTX, once one of the largest cryptocurrency exchanges, sent shockwaves through the crypto world. However, leaked conversations between key executives at FTX and its affiliate tra… Read More
Institutional crypto trading witnessed a significant decline following a series of high-profile U.S. bank failures in March, according to a report from the blockchain intelligence platform C… Read More
…if government fiscal responsibility falters and central banks refrain from intervening, we must prepare for potential financial instability, inflation, or a mix of both
In October… Read More
China’s Q3 GDP, Retail Sales, and Industrial Production for September beat expectations.
China’s Country Garden is still at risk of an imminent default as its grace period of ove… Read More