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
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Ethereum24h
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BNB24h
$610.94+2.14%
XRP24h
$1.15+3.73%
Solana24h
$68.56+4.75%
TRON24h
$0.3138-2.25%
Hyperliquid24h
$60.84+7.29%
Dogecoin24h
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UNUS SED LEO24h
$9.53+0.53%
Zcash24h
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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?
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HTX moved $1.3 billion from reserves to undisclosed ‘ThirdParty’—by Protos Staff
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One laptop: How poor security ruined Humanity Protocol—by Protos Staff
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La Liga club Osasuna reportedly used Kalshi to hedge relegation risk—by Protos Staff
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Bounty-chasing Pump Fun users are tattooing crypto tickers on their faces—by Protos Staff
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Blackstone gates withdrawals as crypto and private credit slide—by Protos Staff
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STRC tumbles as DeFi copies lose their peg—by Protos Staff
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Jim Chanos was right about Strategy — just not patient enough—by Protos Staff
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Twenty One has four days to fix NYSE non-compliance—by Protos Staff
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Strategy’s BTC sale sends Polymarket into disarray—by Protos Staff
