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Latest from Krisztian Sandor
Tron Network USDD Stablecoin Wobbles From Dollar Peg Amid Latest Crypto Crisis
Justin Sun speculated in a tweet that struggling trading firm Alameda might have started the deviation by selling its USDD holdings.
Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange
The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain.
Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools
Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.
FTX Token Falls 80% Despite Binance Bailout as Alameda Contagion Spreads to Bitcoin
FTT token's crash theoretically could wipe out billions from Alameda's balance sheet, deepening its financial woes, according to an analyst. Bitcoin fell to a 23-month low.
Binance Exchange's BNB Token Leads Broad Crypto Rebound After FTX Bailout Offer
The exchange token used within the Binance trading environment jumped 20%, leading a broad rebound in crypto markets that had been in free fall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits.
$1B Crypto Hack Fears Spur 20% GALA Plunge, but Firm Implies It Attacked Itself as a Safeguard
"All GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE," an affiliated firm tweeted.
NFT Platform ImmutableX’s $66M Unlocking Looms, Putting Sell Pressure on IMX Token
Immutable will release some 110 million IMX tokens to investors who bought the token in a private sale before the token's start a year ago. Some investors may see a 500% return on their holdings.
Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan
Archblock, the underwriter of the loan, joins the court-advised liquidation process of crypto hedge fund Invictus' parent company in an attempt to recover losses for investors.
Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan
This is the second time in a month that a lender defaulted on an unsecured loan on the decentralized lending protocol.
Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico
A 29-year-old man's body was pulled from the currents Friday morning off a beach in the Condado area of San Juan, El Nuevo Dia reported, citing local police.
