— Crypto, Justin Sun
Justin Sun’s stablecoins are melting
With no recent capital injections or incentives for short-sellers, solving problems with USDD and USDJ doesn't seem to be a priority for Sun.
All stories
5,557 stories, newest first
— Crypto, Silvergate
A comprehensive timeline of Silvergate’s downfall
Investors in Silvergate have lost almost everything after the company failed to protect FTX customer money from Alameda.
The many misrepresentations of Alex Mashinsky
The NYAG has brought a lawsuit against Alex Mashinsky, formerly of Celsius, alleging fraud and "repeated and persistent illegality."
The Weekend Shift: Welcome to 2023!
The most interesting reads, podcasts, charts, and opinions from the internet this weekend — curated for you by the Protos newsroom.
The challenge in accounting for Tether reserves
Due to Tether remaining as opaque as possible, assessing its reserves can only be done by someone with full access to its books.
Binance’s stablecoin BUSD hasn’t always been 1:1 backed, report
Many believe that Binance would follow-through on its promise to keep its stablecoin BUSD backed 1:1 to $1. It hasn't always.
Chief legal officer departs FTX-linked Moonstone Bank
Before joining Moonstone, Joseph Vincent spent 18 years as a top official in Washington’s Department of Financial Institutions.
— Huobi, Justin Sun
Justin Sun confirms 20% staff cuts at Huobi amid insolvency rumors
Rumors have been swirling about Huobi's insolvency and employee cuts. Now, advisor Justin Sun confirms 20% of staff will be let go.
Why was crypto so quick to embrace Andrew Tate?
Andrew Tate and his controversial past could prove to be a potential problem for bitcoin or any other crypto with designs on total legitimacy.
Former FTX lawyer expected to testify against Sam Bankman-Fried
Former FTX lawyer Daniel Friedman spoke to investigators about Sam Bankman-Fried's business dealings back in November, Reuters reports.