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Kain Warwick, the founder of Synthetix, has urged SNX stakers to participate in using the staking mechanism to help fix the protocol's stablecoin depeg.
Leading South Korean crypto exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) following an alert by the DAXA.
Synthetix founder has urged SNX stakers to adopt the protocol’s newly launched staking mechanism aimed at restoring the dollar peg of sUSD.
DWF Labs becomes official market maker for JST, boosting liquidity in the TRON blockchain's JUST ecosystem and DeFi services.
It offers a range of services including decentralized lending (JustLend), stablecoin issuance (JustStable ... JST, NFT, USDT, TUSD, USDD) are granted statutory status as authorized digital ...
First Digital Trust is the Hong Kong-based entity behind FDUSD, Binance’s stablecoin of choice ... The firm contended that it was the TUSD issuer’s decision to make illiquid investments.
Justin Sun doubled down on claims that First Digital Trust was lax with the fiat backing of the TUSD stablecoin. Sun offered a $50M bounty for evidence of foul play and hidden funds. Justin Sun, the ...
Last week, Sun claimed First Digital was “effectively insolvent” and had misallocated the backing reserves of the TUSD stablecoin. First Digital Trust is preparing to sue Justin Sun for defamation ...
The dispute between Sun and FDT stems from Sun's claims that the Hong Kong firm misappropriated $456 million in TUSD stablecoin reserves, designated to back the token's peg. Sun, an advisor to TUSD ...
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