Trump-affiliated USD1 has $0 in excess reserves
The report by BitGo notes that all of USD1’s reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.
Bitcoin24h
$119,595.48+0.51%
Ethereum24h
$4,668.71+8.42%
XRP24h
$3.25+2.81%
BNB24h
$838.00+3.18%
Solana24h
$198.43+12.74%
Dogecoin24h
$0.2395+6.20%
TRON24h
$0.3546+2.20%
Cardano24h
$0.8583+9.24%
Chainlink24h
$24.42+13.32%
Hyperliquid24h
$44.09+1.43%
Bitcoin can’t keep up with NASDAQ amid ongoing Iran-Israel conflict
Crypto investors often look to BTC as a safe haven asset, but its price performance during times of conflict is disappointing.
Justin Sun’s new stock SRM rallied 67% before Tron merger news
Within one minute of a pre-market announcement, SRM rallied from $1.70 to $2.25 per share. Just an hour later, it hit $6.70.
Coinbase torched by crypto community for US army parade sponsorship
Apologists for Coinbase’s military parade sponsorship were called “tone-deaf” and “nation-state bootlickers” for excusing it as “apolitical.”
Opinion: Coinbase is a ‘mission focused company’
It’s okay for Coinbase to sponsor an authoritarian birthday parade, but it’s not okay for a Coinbase employee to describe it as such.
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What does Roman Storm’s guilty verdict mean for the wider DeFi sector?—by Protos Staff
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Solana Labs and Jito Labs served Pump Fun lawsuit—by Protos Staff
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China wants a yuan stablecoin, but why?—by Protos Staff
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Bitcoin’s transaction fees have fallen to a multi-year low—by Protos Staff
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No, China didn’t ban crypto again—by Protos Staff
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Ripple co-founder explains why most banks don’t use XRP—by Protos Staff
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Tether claims billions in profits as it grows ‘secured loans’—by Protos Staff
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Does Kraken’s fundraise value Binance above $100B?—by Protos Staff
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Exclusive: Burwick Law chief reveals vision for New York—by Protos Staff
