GM Defiers!
DeFi lending markets are on edge as the founder of Curve looks to stave off potential liquidations. Meanwhile, the SEC has filed a lawsuit against crypto-entrepreneur Richard Heart and his enterprises alleging misuse of investor funds.
We also unpack the effects of Litecoin's third block reward halving event and what this means for its miners and the overall network. Finally, USDT issuer Tether continues to profit from its massive holdings of US Treasury Bills.
✍️ In today’s newsletter:
- Curve founder scrambles to shore up CRV-backed loans
- SEC goes after Richard Heart
- Litecoin completes third halving
- Tether reports $850M Q2 profit
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