That too. After the SEC and CFTC, the US Department of Justice (DOJ) now also wants to sue Binance. It is about the criminal allegation of fraud against the company management.
Binance CEO Changpeng Zhao (CZ) plays it down: everything FUD, according to the boss. But doubts about Binance’s integrity are increasing.
Our podcaster Giacomo Maihofer is already assuming the worst and fears a nuclear crypto winter.
Curve Finance: Is the DeFi house of cards collapsing?
Curve Finance was considered one of the most important DeFi platforms ever. Now the DEX has been the victim of an exploit. Up to $41 million was stolen.
But it gets even worse: If the price of the native token, CRV, falls below 0.35 US dollars (USD), a liquidation spiral threatens with fatal consequences for the entire sector.
You can find out how realistic this scenario is in this edition of the BTC-ECHO Recap Podcast.