So-called “synthetic dollar” USDf, which is backed by controversial market maker DWF Labs, is off-peg and has hit a low of $0.98.
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Bitcoin treasuries get new valuation metric — MmC
Public companies holding BTC are employing a new magical valuation metric called “MmC,” or “mNAV months to cover.” Source link...
Ripple’s Chris Larsen to fund police surveillance, drones in San Francisco
As part of the $9.4M gift, Ripple Labs will sublet a lavish office to the San Francisco Police Department’s drone...
Ledger exec’s alleged kidnap mastermind arrested in Morocco
The 24-year-old allegedly organized the kidnapping and mutilation of David Balland, the co-founder of crypto wallet firm Ledger. Source link...
ANALYSIS: Does the Circle IPO value Tether at $316B?
Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether. Source link...
