How Terra collapse nearly killed algorithmic stablecoins
Oct 7, 2024 · How Terra collapse nearly killed algorithmic stablecoins. 6:26 PM • Oct 07, 2024. — Luna, Stablecoins, Terra, USDD. — by Protos Staff. The Terra-Luna Ponzi scheme grew to an incredible size, with the TerraUSD algorithmic stablecoin reaching a mind-boggling $40 billion and the Luna governance token growing to a market capitalization of $40 ...
Who is Len Sassaman, Polymarket’s top bet for Satoshi?
2:38 PM • Oct 04, 2024. — Bitcoin, Polymarket, Satoshi. — by Protos Staff. Len Sassaman, a famous cypherpunk who committed suicide in 2011, is, according to Polymarket, the most likely candidate to be unmasked as the real Satoshi Nakamoto by a new HBO documentary, due to air this coming Tuesday. Sassaman, a well-known privacy advocate and ...
Richard Heart and the curious launch of Hex, Pulse, and PulseX
Jul 29, 2022 · PulseChain is a slightly modified version of Ethereum; instead of ETH, its native asset is PLS. Coinciding with the creation of his blockchain, Heart raised $27 million for charity. Heart is also creating an on-chain exchange, PulseX, that will operate on the PulseChain blockchain. PulseX will use its own token, PLX.
Chinese billionaire behind Himalaya Exchange indicted for $1B
Jan 5, 2024 · King Ming Je — also known as William Je and Yu Jianming — and Yanping Wang, both also behind the Himalaya Exchange, were charged alongside Kwok for their role in the conspiracy. Je is described in the indictment as “the financial architect and key money launderer for the Kwok Enterprise.”. The indictment alleges that funds raised for ...
Dump it: Crypto markets lose $230B since Bogdanoff twins
Jan 6, 2022 · A crypto enthusiast pays homage to Grichka Bogdanoff. Like all great memes, it created comic conspiracy lore. Users captioned a series of Bogdanoff photographs, titling the collection “The Phone Call That Saved Europe.”. Humorous legends circulated that the Bogdanoffs, with a single phone call to their clandestine network of operatives, could influence the price of any asset in the world.
What happened to the crypto islands? - Protos
4:04 PM • Aug 07, 2024. — Cryptoland, Satoshi Island. — by Protos Staff. While the crypto industry has largely toned down its expectations around what can be accomplished with blockchains and decentralized finance, it was only a couple of years ago that multiple projects were suggesting that blockchains wouldn’t just help run smart ...
CHART: When solo miners found a Bitcoin block - Protos
Sep 2, 2024 · According to a March 10, 2023 estimate, solo miners’ luck had dwindled to one block every 10 months on average. To put that single block into context, conventional pools usually mine 43,200 blocks every 10 months. Others estimate the odds at even worse than that one in 43,200. Hass McCook of the Bitcoin Mining Council claimed the odds were ...
Former Crypto.com compliance officer charged with money …
Jul 8, 2024 · A former compliance officer at Crypto.com — registered in Malta as Foris Dax MT limited — has been charged with extortion and money laundering after he allegedly threatened to expose sensitive information while demanding compensation from the company. Thirty-three-year-old Jose Luis Alonso Melchor was arraigned by magistrate Nadia Vella in ...
3AC founders’ Three Arrowz Capitel memecoin crashes faster than …
Oct 1, 2024 · Three Arrows Capital (3AC) co-founders Su Zhu and Kyle Davies have decided to launch their own memecoin, Three Arrowz Capitel.. The duo previously led a hedge fund that blew up, had its dwindling assets frozen by court order, and still owe billions of dollars to creditors. Authorities in Singapore arrested Zhu last year for failing to comply with court instructions.
Did Vitalik Buterin’s girlfriend stall Ethereum development? - Protos
Aug 7, 2024 · The crypto community is looking for someone to blame for Ethereum’s recent underperformance, and they appear to have found their scapegoat. On August 1, someone posted a photo of Vitalik Buterin and an attractive woman wearing matching plush hats, naming her his ‘girlfriend.’. She would, the poster claimed, allow the brilliant co-founder to focus on Ethereum development and spark a rally ...