Justin Sun affiliated TrueUSD market cap collapses 50% in 7 days
This dramatic fall in the market cap of TrueUSD follows Binance’s delisting of several TrueUSD pairs on March 15.
Bitcoin24h
$63,643.28+1.40%
Ethereum24h
$3,300.38+6.05%
BNB24h
$604.34+2.30%
Solana24h
$142.32+4.77%
XRP24h
$0.5201+1.32%
Dogecoin24h
$0.1490+3.49%
Toncoin24h
$5.46+4.74%
Cardano24h
$0.4712+4.00%
Shiba Inu24h
$0.0000+1.91%
Avalanche24h
$34.64+2.34%
Ethena offers 27% on stablecoins but where is the yield coming from?
Newly-launched ‘synthetic dollar’ Ethena says it’s banking on using CEX liquidity rather than the less popular decentralized exchanges.
TrueUSD changes accounting firms… and then de-pegs
TrueUSD has de-pegged across both centralized exchanges and DeFi after switching accounting firms for attestations.
US-based stablecoins suffered in 2023 as key players battle it out
At the end of 2023, algorithmic stablecoins are out, US-based stablecoins are shrinking, and international ones like Tether are exploding.
Tether rarely minded law enforcement, now it suddenly does
A few weeks after US Secret Service and FBI agents began surveilling USDT wallets, Tether announced “voluntary” sanctions compliance.
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Crypto markets inspire New York Stock Exchange 24/7 trading plan—by Protos Staff
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Fake letter claims Elizabeth Warren wants 1% crypto wealth tax—by Protos Staff
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ZKasino $30M ‘favor’ to users — seamless transition or rug pull?—by Protos Staff
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Two years after blowing up his own fund, Zhu Su offers advice to $2B Ethena—by Protos Staff
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A decade without an audit, Tether says it’s a new business—by Protos Staff
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Nilam Resources releases token described as ‘obviously illegal’—by Protos Staff
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Michael Saylor dumps quarter billion worth of MSTR while hyping bitcoin—by Protos Staff
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The rise and fall of KuCoin—by Protos Staff
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What does Avraham Eisenberg’s ‘code is law’ defense mean for DeFi?—by Protos Staff
