CeFi

CeFi
Coinbase’s Armstrong Pushes for Grassroots Crypto Advocacy in SEC Fight
After Wells Notice Coinbase Calls on Voters to Defend Crypto

CeFi
TrueUSD Moves $1B in Reserves To The Bahamas After U.S. Banking Failures
The company behind TrueUSD, the fifth-largest stablecoin, moved $1B of the company’s reserve assets to a Bahamas-based financial institution citing the tumultuous state of the U.S. banking sector on Wednesday. Archblock, the firm that oversees TrueUSD’s $2B in reserve assets, moved the funds to Capital Union Bank. The Bahamas-based bank now holds $1.4B of the…

CeFi
How Top Stablecoins Depegged After The Second Largest US Bank Failure
It was a wild weekend for stablecoins. USDC depegged from a dollar to as low as $0.88 on Saturday, before bouncing fully back to its dollar peg on Monday. Today we’re looking back over the wild weekend and figuring out what a depegged stablecoin and failing banks could signal for DeFi.

CeFi
3AC Founders' New Exchange Branded 'Insult' to Burned Investors
Zhu and Davies Launch Exchange for Bankuptcy Claims Amid Furor

CeFi
Coinbase Ex-Employee Pleads Guilty to Insider Trading
Feds Treating Digital Assets the Same as Stocks When it Comes to Confidential Information on Listings

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