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USD1 is a top stablecoin with no attestation and no transparency

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Donald Trump-endorsed USD1 stablecoin has grown to over $2 billion in market capitalization but provides no transparency. Source link

The fine print on the crypto ‘reserves’ of New Hampshire and Arizona

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Two state governors signed crypto reserve funds into law. However, the fine print is significantly different from the headlines about them. Source link

$600B gone in 30 minutes — inside crypto’s fastest-ever flash crash

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Donald Trump threatened to renew a tariff war with China on Friday, and the news briefly spooked $600M out of crypto valuations. Source link...

Hyperliquid vs Binance drama unfolds in real-time

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Binance co-founder Changpeng Zhao and Hyperliquid co-founder Jeffrey Yan are arguing about which exchange better handled Friday’s sell-off. Source link

Binance’s Malta cancer fund grows 50X — still no payout

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Binance Coin donations made to cancer and disaster relief charities seven years ago are now valued in the tens of millions. Source link

Starlink a lifeline for Myanmar scam compounds, report

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The scam centers have migrated to Starlink connections after electricity and internet were cut off earlier this year, AFP reports. Source link

$25 million Ethereum MEV exploit puts ‘Code Is Law’ on trial

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The April 2023 exploit allowed the brothers’ validator to drain “predatory” MEV bots who attempt to profit off transactions of regular users. Source link...

Binance listing fee drama goes nuclear

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The CEO of Base-native prediction market Limitless claimed Binance wanted 8% of his token’s supply and $2.45M to list his token. Source link

Wintermute’s post-mortem ignored the biggest issues with Friday’s crash

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Traders tried to blame Wintermute for suspicious deposits during Friday’s crypto market crash, but its CEO would have none of it. Source link

Did the US government hack a scam network for $15B in bitcoin?

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The US wants 127K BTC forfeited by a Cambodian conglomerate that allegedly ran a multi-billion-dollar crypto scam empire. Source link

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