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Synthetix founder threatens SNX stakers with ā€˜the stick’ to fix SUSD depeg

Synthetix founder threatens SNX stakers with ā€˜the stick’ to fix SUSD depeg

Synthetix founder Kain Warwick has threatened SNX stakers with ā€œthe stickā€ if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD) depeg.Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, bu…

 Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, stablecoin issuer Circle filed to go public in the US, Ethereum's revenue from blob storage sinks to its lowest level of 2025 and Binance halts select Tether (USDt) spot trading pairs in the European Economic Area.Circle files for Initial Public Offering planned for AprilUSDC stabl…

 Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, The European Union’s Markets in Crypto-assets Regulation (MiCA) has started directly impacting crypto users in Europe as Binance announced it had discontinued spot trading pairs with Tether’s USDt in the European Economic Area (EEA). An Ethereum developer has launched a new privacy …

US SEC Charges TrueCoin, TrustToken for Stablecoin Investment Program

US SEC Charges TrueCoin, TrustToken for Stablecoin Investment Program

The SEC accused TrustToken and TrueCoin of investing 99% of the reserves backing TUSD in a risky fund with redemption issues.

Mandy Williams
Curve Finance considers dropping TrueUSD from crvUSD collateral

Curve Finance considers dropping TrueUSD from crvUSD collateral

Curve Finance's potential removal of TUSD as collateral underscores the DeFi sector's need for robust risk management and regulatory adaptability. The post Curve Finance considers dropping TrueUSD from crvUSD collateral appeared first on Crypto Briefing.

Vince Dioquino