The Jewel USD stablecoin will be launching on Polygon. Author: Margaux Nijkerk
Archives for December 2022
Ark Invest Adds Coinbase Stock as Crypto Exchange’s Price Slides
Cathie Wood’s Ark Investment Management bought 78,982 shares in cryptocurrency exchange Coinbase (COIN) on Friday. Author: Jamie Crawley
Maple Finance’s $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project’s MPL token has plunged, and depositors are likely to stomach big losses. Here’s how it happened, and what comes next. Author: Krisztian Sandor
Goldman Sachs Is Trying to Make Blockchain Bonds Happen
The killer app won’t come from private, permissioned blockchains used to settle bond placements by huge, multinational investment banks. Crypto Long & Short is CoinDesk’s weekly newsletter featuring insights, news and analysis for the professional investor. Author: George Kaloudis
Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped
A class action lawsuit filed against former FTX CEO Sam Bankman-Fried and a host of paid celebrity promoters for the now-defunct crypto exchange has been dropped. Author: Cheyenne Ligon
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