It was a wild weekend for stablecoins. USDC depegged from a dollar to as low as $0.88 on Saturday, before bouncing fully back to its dollar peg on Monday. Today we’re looking back over the wild weekend and figuring out what a depegged stablecoin and failing banks could signal for DeFi.

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God Mode

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Today we’re bringing you the most recent developments in FTX’s astonishing demise, which the Financial times has called ‘’one of the biggest financial frauds in US history’’. Many customers are still wondering how much, if any, of their money will be returned. Let’s quickly get up to date, find out what transpired in yesterday’s hearing,…

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