KuCoin Has Closed a $10M Funding Round Into CNHC. But Is the Offshore Yuan Right for a Stablecoin?

KuCoin Has Closed a $10M Funding Round Into CNHC. But Is the Offshore Yuan Right for a Stablecoin? Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round.   MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg Profits made from MEV were more than twice as high as the last peak during the FTX implosion.   Alameda-Linked Wallet Sent $100M of Stablecoins to Trading Firms After USDC Depeg A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms Cumberland and GSR Markets over the weekend.

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