DWF Labs-backed USDf depegs as red flags raised over quality of backing
So-called “synthetic dollar” USDf, which is backed by controversial market maker DWF Labs, is off-peg and has hit a low of $0.98.
So-called “synthetic dollar” USDf, which is backed by controversial market maker DWF Labs, is off-peg and has hit a low of $0.98.
Primitive Ventures founder Dovey Wan warns that some crypto bros “embody the most predatory aspects of both tech and finance cultures.”
A partner at the Singapore-based crypto firm DWF Labs has been accused of spiking the drink of a potential employee at a meeting.