First Mover Americas: Bitcoin Starts August in the Red After Losing Ground in July
The latest price moves in bitcoin (BTC) and crypto markets in context for August 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Tron Founder Justin Sun And Other DeFi Players Step in To Alleviate Curve Finance’s Looming Bad Debt Situation
Tron Founder Justin Sun And Other DeFi Players Step in To Alleviate Curve Finance’s Looming Bad Debt Situation
Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan.
Crisis at DeFi Giant Curve Eases After Justin Sun and Others Step In With Help
Crisis at DeFi Giant Curve Eases After Justin Sun and Others Step In With Help
Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan.
Tron Founder Justin Sun Alleviates Curve Finance’s Looming Bad Debt Situation
Tron Founder Justin Sun Alleviates Curve Finance’s Looming Bad Debt Situation
Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan.
Binance Japan Starts Onboarding Users
Binance Japan Starts Onboarding Users
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.
Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation
Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation
Egorov has created a new liquidity pool on Curve for FraxLend’s CRV/FRAX market, called crvUSD/fFRAX. Analysts said it is an attempt to incentivise liquidity to FraxLend’s pool from where Erogov has taken loan of 15.8 million FRAX.
Nomura’s Crypto Arm Gains Operating License Approval in Dubai
Nomura’s Crypto Arm Gains Operating License Approval in Dubai
Laser Digital will start its trading and asset management business in the coming months.
Bald Token Rugpull May Have Links to Sam Bankman-Fried’s Alameda, Data Shows
Bald Token Rugpull May Have Links to Sam Bankman-Fried’s Alameda, Data Shows
There’s no conclusive evidence that Sam Bankman-Fried has anything to do with BALD, but on-chain data shows its deployer contract has interacted with Alameda wallets.
Traders Pile Into CRV Shorts Amid Concerns Over Curve Founder's Collateralized Borrowing
Traders Pile Into CRV Shorts Amid Concerns Over Curve Founder's Collateralized Borrowing
Traders pile into short positions in the perpetual futures market as potential liquidation of founder’s crypto borrowing may destabilise the broader decentralized finance ecosystem.
LeetSwap Halts Trading After $630K Drained From Liquidity Pairs
LeetSwap Halts Trading After 0K Drained From Liquidity Pairs
Coinbase’s Layer 2 blockchain has another problem on its hands.