Generative Data Intelligence

Tag: uncollateralized

Sam Altman’s Worldcoin Unveils World ID Protocol and SDK

Worldcoin introduced its World ID protocol and software development kit today. Sam Altman, CEO of ChatGPT developer OpenAI, co-created Worldcoin and...

Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies

On March 13, 2023, Euler Finance, an Ethereum-based noncustodial lending protocol, became the victim of a flash loan attack. The attacker managed to steal...

Binance pivots to stablecoins after SEC regulatory action

Binance, the world’s largest cryptocurrency exchange by trading volume, has turned to alternative stablecoins following regulatory action by the US Securities and Exchange Commission...

Here’s how Binance is mitigating its stablecoin needs after BUSD ban

Binance has turned to a new set of stablecoins in the wake of the United States Securities and Exchange Commission’s (SEC) regulatory action against...

TrueFi Price Prediction – Can TRU Hold Onto Gains Despite Mistaken Connection to TrueUSD?

Join Our Telegram channel to stay up to date on breaking news coverage TRU, the Ethereum-based ERC-20 token that powers decentralized finance protocol TrueFi, saw...

What creditors can expect from Genesis’ bankruptcy — and what others can learn

The holding company of troubled crypto lender Genesis Global Capital, Genesis Global Holdco LLC, filed for Chapter 11 bankruptcy protection in New York on...

Maple Finance Reveals $100 Million USDC Liquidity Pool

Maple Finance has launched a receivables financing pool with a credit facility of up to $100 million. The pool has been launched in...

Solana Price Prediction: It is Gaining Momentum?

Join Our Telegram channel to stay up to date on breaking news coverage Solana (SOL) is one of the few cryptocurrencies that has made a...

Binance’s BUSD stablecoin has not always been fully collateralized: report

Binance Global, the world’s largest crypto exchange, has acknowledged flaws in its systems that under-collateralized its BNB Smart Chain-based BUSD stablecoin by up to...

Crypto Crackdown Intensifies as NY Hits Coinbase and Mashinsky

NY Attorney General Alleges Celsius Founder of Defrauded Customers; Coinbase Fined $50M In a one-two punch, New York state authorities slapped Coinbase with a...

Binance Announces Completion of Second Round of Terra ($LUNA) Airdrop to $LUNC and $USTC Holders

Leading cryptocurrency Exchange Binance has announced it completed the distribution Terra’s ($LUNA) second airdrop to eligible users who held Terra Classic ($LUNC) and TerraClassicUSD...

Crypto Derivatives Platform Paradigm Slashes Salaries to ‘Reduce Need for Layoffs’

Correction: This article has been updated to reflect that Paradigm, the crypto derivatives platform, has cut employees' salaries, not Paradigm the venture capital firm.Paradigm,...

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