Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX Collapse

Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX CollapseOn Monday, court documents from lawyers involved with the FTX Trading LTD Chapter 11 bankruptcy case allege that the government of The Bahamas asked the disgraced FTX co-founder Sam Bankman-Fried (SBF) to mint new crypto tokens. The lawyers detailed that it was a “request for live, dynamic access that would be provided immediately to the […]

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$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July

$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-JulyStablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged stablecoins have seen demand, the longstanding tether is still capturing most of the […]

The post $16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July appeared first on Bitcoin News.

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