Bitcoin24h $91,932.04+0.87%

Ethereum24h $3,128.58-0.46%

Solana24h $242.19-0.07%

BNB24h $619.16-1.28%

XRP24h $1.11-4.91%

Dogecoin24h $0.3899+4.26%

Cardano24h $0.7555-1.83%

TRON24h $0.2059+0.07%

Shiba Inu24h $0.0000+0.13%

Avalanche24h $35.39-1.15%

Curve exploit shows DeFi still far from decentralized in 2023

DeFi 2023 was supposed to solve the problem of centralized crypto collapses in 2022 like FTX, Celsius, Voyager, and Terra LUNA.

On-chain data shows Justin Sun controls virtually all stUSDT

Around 99% of stUSDT is controlled by Justin Sun and Justin Sun-connected entities such as Huobi, despite lacking the promised DAO.

Michael Egorov has sold over 39 million CRV tokens in OTC deals to protect against his huge loan position being liquidated.

Changpeng Zhao took to Twitter Spaces for an AMA where he spent much of his time discussing stablecoins including Tether, TUSD, and FDUSD.

The SEC is suing Richard Heart and PulseChain for civil fraud and offering unregistered securities to US investors.