Kraken founder promoted Custodia’s doomed bank and stablecoin
Kraken CEO Jesse Powell has supported shadowy stablecoin Tether since 2018. Curiously, he supported Custodia and its doomed projects, too.
Bitcoin24h
$89,658.01-2.60%
Ethereum24h
$3,036.64-3.86%
XRP24h
$2.04-2.13%
BNB24h
$884.45-1.97%
Solana24h
$133.32-3.75%
TRON24h
$0.2871+0.15%
Dogecoin24h
$0.1398-4.73%
Cardano24h
$0.4150-5.40%
Bitcoin Cash24h
$572.00-0.17%
Hyperliquid24h
$31.21-6.76%
Gambling with Tether: Ultimate Bet, USDT perps, Tron bets, and the $1 peg
Tether has always had a close relationship with online gambling: Ultimate Bet poker, USDT-denominated perps, and USDT-on-Tron gaming.
Block.One founder Brendan Blumer lost over $70M on Silvergate
Brendan Blumer of EOS and Block.One fame invested over $90 million in Silvergate right before it collapsed 80%.
Aussies lose $600M through ‘DIY’ crypto pension funds
Australian savers who bet on bitcoin through self-managed crypto pension funds have lost millions after it dipped 60% from its 2021 high.
Researcher ties Jane Street to notorious ‘Wallet A’ that helped depeg UST
Researcher Igor Igamberdiev claims Jane Street largely contributed to the depegging of UST and Terra’s collapse — but did it mean to?
-
Billionaires rally around David Sacks after NYT exposé—by Protos Staff
-
Beginning of the end? Strategy dilutes MSTR, slashes EPS guidance 76%—by Protos Staff
-
Re7 Labs threatens whistleblower over exposure to yield vault collapse—by Protos Staff
-
S&P 500 declines to add Strategy again—by Protos Staff
-
S&P Global Ratings says Tether’s stability is ‘weak’—by Protos Staff
-
DeFi yield aggregator Yearn discloses September incident in yUSND vault—by Protos Staff
-
Calvin Ayre linked to Wirecard collapse on German public TV—by Protos Staff
-
Top crypto execs cash in as stocks collapse—by Protos Staff
-
CHART: Bitcoin ETFs shed $58B, dropping faster than BTC—by Protos Staff
