Tag: Crypto

MIM Stablecoin Slips From Peg As Abracadabra Liquidity Stress Returns

Magic Internet Money has slipped from its dollar peg again, putting Abracadabra liquidity and Curve pool balance back under pressure. TL;DR MIM has traded below its intended $1 peg during renewed liquidity stress. Curve pool data is central to judging the scale of the imbalance. The episode revives concerns...
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Bank of England boosts spending by 10% after Bernanke review

The Bank of England’s budget increase and staff cuts signal a strategic shift towards modernizing financial forecasting, impacting market confidence. The post Bank of England boosts spending by 10% after Bernanke review appeared first on Crypto Briefing....
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