In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI). Both have a theoretical peg of 1:1 against the U.S. Dollar."Magic Internet Money," joked cryptotutor, as he attempted to swap approximately $1 million in MIM but … [Read more...] about Users flock to Curve amid lack of stablecoin liquidity on major DEXs
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Cardano (ADA) boss gives his take on NFTs and why money launderers flock to them
Recent weeks have seen a renaissance in NFTs as trade volumes surge, and high-profile sales continue with no sign of letting up.While proponents say this as indicative of a “culture shift,” others contend that there’s more to this than meets the eye. Namely that, sky-high prices are driven by money laundering.In sharing his view of the situation, Input-Output Global boss … [Read more...] about Cardano (ADA) boss gives his take on NFTs and why money launderers flock to them