The protocol holds $95 million in assets against $173 million in liabilities, leaving it functionally insolvent. USR is trading at $0.27, down …
Million
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There are losses in crypto that feel distant. Hacks that happen to “other people.” Rug pulls in projects you never touched. But …
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Regulation
Crypto firms operating in Kenya could soon pay $3.85 million under new stablecoin rules
by shayaanby shayaanKenya has taken a crucial step in defining its digital asset market. The government has released draft guidelines for crypto firms and …
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Qualifying for Trump’s crypto gala can cost as little as $70,000 or as much as several million, with rankings driven by timing …
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Finance
Vanity Fair “bathrobe-gate” proves $135 million bought the crypto industry leverage but not respect
by shayaanby shayaanWhen Vanity Fair published “Crypto’s True Believers Demand to Be Taken Seriously” on Mar. 17, the backlash arrived within hours. Hayden Adams …
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Scams
Man Pleads Guilty to Using AI to Generate $8 Million in Fraudulent Streaming Music Royalties
by shayaanby shayaanIn brief A North Carolina man pleaded guilty to conspiracy tied to an AI-generated music streaming scheme. Prosecutors say fake accounts generated …
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Markets
DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends
by shayaanby shayaanGauntlet noted that deposits are now back to same levels before the campaign, and has navigated large capital swings before due to …
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Markets
Bitcoin OGs dump over $100 million in BTC after hawkish Fed dents rate cut hopes
by shayaanby shayaanOGs sell as Fed’s hawkish stance on rates pressures crypto and other risk assets. www.coindesk.com
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Markets
Fairshake's $10 million Illinois misfire marks first big hitch in crypto political surge
by shayaanby shayaanThe crypto sector’s leading political action committee devoted more than 5% of its war chest trying to defeat a Senate candidate who …
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DeFi
A Crypto Company Valued at $40 Million Announced a Partnership with a Surprise Altcoin
by shayaanby shayaanEverything, a prominent next-generation DeFi project in the cryptocurrency ecosystem, has announced a strategic partnership with Arbitrum for its latest funding round. …