# Major stablecoins destabilized as market volatility and redemptions surge

# Major stablecoins destabilized as market volatility and redemptions surge

” Major stablecoins destabilized as market volatility and redemptions surge “ Plunging cryptocurrency prices are not the only consequence of this week’s FTX-induced crypto contagion.  Significant market volatility this week induced by the collapse of the FTX exchange has impacted stablecoins with many of them de-pegging temporarily. According to CryptoQuant senior analyst Julio Moreno, nearly…

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# ‘Crypto Mom’ Hester Peirce slams SEC for m Poloniex settlement

# ‘Crypto Mom’ Hester Peirce slams SEC for $10m Poloniex settlement

“# ‘Crypto Mom’ Hester Peirce slams SEC for $10m Poloniex settlement ” Commissioner Hester Peirce, known colloquially as “Crypto Mom,” has slammed the U.S. Securities and Exchange Commission (SEC) for its $10 million settlement with cryptocurrency exchange, Poloniex. The SEC announced the $10 million settlement on Aug. 9, with Poloniex being charged with facilitating trades…

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