Stablecoin collapse could impact U.S. bond market, economist warns
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Economist Eswar Prasad has warned regulators that a bank run on Stablecoins could have significant impact on the U.S bond markets.
Josh O'Sullivan 1 min read
Paul also apologized to Coffeezilla, who criticized the project last month.
Sun may spend his personal wealth to support Genesis' troubled parent company.
The New York attorney general has filed a lawsuit against Celsius Network's former CEO Alex Mashinsky for allegedly defrauding investors.
Gemini co-founder Tyler Winklevoss said he was disappointed with the SEC charges and their actions were "counterproductive."
Compensation will be delivered to 800 people around the world.
While Schwartz advocated selling FLR, citing the token's lack of value, he later admitted to buying a large amount.
The number of active addresses holding GUSD returned to 2020 levels, while BUSD volume on exchanges shrank by 96% in the last seven months.
DCG is trying to liquidate its venture capital holdings worth $500 million, which is less than 17% of Genesis' outstanding debt.
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