World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders. Source link
Warren Payne
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Coinbase
DeFi lending protocol Abracadabra exploited for $13M of ETH
by Warren Payneby Warren PayneThe investigation into the hack is ongoing, but an Abracadabra core contributor thinks it could be linked to changes in GMX’s codebase. Source link
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Coinbase
Binance suspends team member who used BNB Chain info to front-run token
by Warren Payneby Warren PayneBinance suspended a former BNB Chain employee after he was found to have made “significant profits” from insider trading. Source link
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Coinbase
Richard Heart pokes MakerDAO to ‘do the funniest thing’ and rug-pull
by Warren Payneby Warren PayneThe decentralization of MakerDAO is again under scrutiny after a copy of its DAI stablecoin failed to maintain its $1 peg on Pulsechain. Source link
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Coinbase
World Network is still 988 million sign-ups short of its 1 billion-user goal
by Warren Payneby Warren PayneAt the current rate of an average of 705,000 sign-ups per month, it would take World around 117 years to hit its target. Source link
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There are at least two proposals that could see the US government sell gold to buy BTC or BTC-denominated assets. Source link
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Coinbase
Traders speculate about mystery crypto exec behind alleged $10B divorce
by Warren Payneby Warren PayneJustin Sun claimed he would offer legal aid to one half of a $10 billion divorce rumoured to involve a former top crypto exchange exec. Source link
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The pro-crypto COO of Goldman Sachs, John Waldron, is a leading candidate to replace David Solomon as the firm’s CEO. Source link
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Coinbase
US drops Tornado Cash sanctions, frontend remains compromised
by Warren Payneby Warren PayneThe US Office of Foreign Assets Control ended sanctions against the crypto mixer Tornado Cash and claims to remain concerned about the DPRK. Source link
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Coinbase
15% discount and 17% yield boost made Strategy STRF sale ‘upsized’
by Warren Payneby Warren PayneAlthough dividend and liquidation preference numbers for Strategy’s STRF appear unchanged, initial buyers are getting a de facto discount. Source link