Curve founder dumps CRV on Justin Sun to avoid liquidation
Michael Egorov has sold over 39 million CRV tokens in OTC deals to protect against his huge loan position being liquidated.
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.
Most DeFi protocols are controlled by a small number of smart contracts whose keys are held by one person or a tiny group of insiders.
Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.
Documents obtained by CoinDesk and Bloomberg shed additional light on Tether reserves, showing the issuers of its commercial paper.