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.
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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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Bitcoin’s 90-day correlation with gold hits nine-year high—by Protos Staff
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How 4,000 BTC walked out of Blockstream’s Liquid Network—by Protos Staff
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BitMEX founder Ben Delo gives UK’s Reform Party another £4M—by Protos Staff
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Nvidia director Mark Stevens sold a record $411M of stock—by Protos Staff
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Every Kraken IPO plan has failed—by Protos Staff
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Caterpillar CEO cashes out early for $26M—by Protos Staff
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The shoe company that pivoted to AI is dying—by Cas Piancey
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Crypto.com-promoted Tectonic forces Cronos to halt, rewind—by Protos Staff
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DoorDash has outperformed SpaceX by 48% since IPO—by Protos Staff
