Bitcoin24h $104,900.16-1.72%

Ethereum24h $2,520.83-2.29%

XRP24h $2.15-3.68%

BNB24h $651.24-1.02%

Solana24h $147.39-3.78%

TRON24h $0.2741-1.08%

Dogecoin24h $0.1705-1.91%

Cardano24h $0.6135-3.07%

Hyperliquid24h $40.19-5.14%

Sui24h $2.86-4.65%

Justin Sun’s USDD removes 12,000 BTC without DAO approval

Despite Sun and USDD’s claims that it is governed by a DAO, there are no governance votes that seem to correspond to the change.

Tether’s gold-backed aUSDT barely minted since its launch a month ago

Despite Tether’s gargantuan size and billions in annual profit, just five wallets have opened aUSDT positions and only 32 wallets hold it.

Tether-owned Northern Data has been accused of securities fraud and tax evasion in a lawsuit filed by former executives.

This week, a chart appeared to show stablecoin volume on the Solana blockchain declining over 90% since a series of events at Jump Crypto.

A close review of Justin Sun’s wallets and entities reveals assets being quickly moved with inadequate disclosure.