Crypto Evening Briefing: Crypto-Friendly Signature Bank Probed by U.S. DOJ Before Its Collapse
Signature Bank was reportedly the subject of a probe by the United States Department of Justice earlier this week.
Justin Sun-Related Wallet Made Over $3M From USDC Depeg
On-chain investigator Lookonchain reported that a wallet “possibly” connected to Tron founder Justin Sun made $3.3 million from USD Coin (USDC) March 11 depeg.
Tron Founder Justin Sun Withdrew 82M USDC From Aave and Exchanged Them for 82M DAI
Justin Sun has withdrawn approximately 82 million USDC from Aave Protocol V2 and exchanged them for 82 million DAI.
Crypto Evening Briefing: Meta Is Building a Decentralized, Text-Based Social Network
Meta is in the early stages of building a dedicated app for people to post text-based updates. The most remarkable aspect is that Meta plans for the network to be decentralized.
Justin Sun Sets Up $100M Huobi Liquidity Fund Following HT Flash Crash
Huobi has set up a $100 million liquidity fund following a 90% flash crash of the exchange’s Huobi Token (HT) on March 9.
Justin Sun Transferred 100 Million USDC to Huobi to Enhance Liquidity
Earlier today, Justin announced plans to establish a liquidity fund with a $100 million investment aimed at further enhancing Huobi exchange's multi-currency liquidity.
Justin Sun Moving Stablecoins After Promising to Create Huobi Liquidity Fund
Justin Sun is moving $60 million in USDT from one of his Ethereum wallets, after he promised to create a $100 million liquidity fund for Huobi in response to an extreme drop and then rebound in the HT token late Thursday U.S. time.
Justin Sun Withdrawn $60 Million in Ethereum Stablecoins From Huobi to Aave
Justin Sun said the transfer is just normal practice of fund deployment.
Huobi to Compensate for HT Market Fluctuation Losses, Invest $100M in Liquidity Fund
At 3:45 pm, HT was trading at $4.70. By 4:10 pm, it was down to $1.83.
Justin Sun’s Stablecoin TUSD Curiously Grows Amid Market Meltdown
Attestations are also becoming difficult to come by as auditors abandon the crypto industry en masse.
