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.
Bitcoin24h
$108,388.18+0.51%
Ethereum24h
$2,592.85+2.27%
XRP24h
$2.30+1.85%
BNB24h
$661.51+0.34%
Solana24h
$151.11+1.79%
TRON24h
$0.2878+0.28%
Dogecoin24h
$0.1704+1.66%
Cardano24h
$0.5853+1.70%
Hyperliquid24h
$38.96+4.21%
Bitcoin Cash24h
$508.19+2.36%
-
Bitcoin and M2: A link that falls apart on close inspection—by Protos Staff
-
Bitcoin dev Jon Atack got arrested in El Salvador this weekend—by Protos Staff
-
Early miner could be behind sudden $8.6B bitcoin move—by Protos Staff
-
Trump-affiliated USD1 has $0 in excess reserves—by Protos Staff
-
Michael Saylor keeps diluting MSTR holders after preferred sale flops—by Protos Staff
-
Has the bitcoin treasury company bubble popped?—by Protos Staff
-
Bitcoin price goes nowhere as corporates pass BTC around—by Protos Staff
-
Burwick Law wants a $440M crypto lawsuit served via NFT—by Protos Staff
-
Across Protocol accused of looting DAO treasury of $23M—by Protos Staff
