Late Thursday, Dec.29, 2022, the Securities Commission of the Bahamas stated that it was holding more than $3.5 billion in FTX client assets. According to the official press release, the commission is...
Tag: 3.5bn
$3.5bn lost to crypto scams in 2022
Crypto investors have lost almost $3.5bn to crypto scams and rug pulls in 2022 alone. According to a research report released by Privacy Affairs, the FTX collapse constitutes more than half of the fig...
MakerDAO Founder Plans to Sell $3.5Bn USDC Backing For Ethereum, Risks DAI Depeg
MakerDAO co-founder Rune Christensen plans to sell up to $3.5 billion in USDC for Ethereum — a move that could result in its DAI stablecoin losing its dollar peg. DAI is 32% backed by Circle’s USDC st...
MakerDAO Co-Founder Rune Christensen To Sell $3.5bn Usdc Backed For Ethereum Increasing Depegging Risk On Dai
Ethereum co-founder Vatalik Buterin criticized Rune Christensen’s plan of converting MakerDAO’s $3.5 billion into ETH. Rune Christensen, the co-founder of MakerDAO, is planning to sell $3....