Krisztian Sandor

Krisztian Sandor is a U.S. markets reporter focusing on stablecoins, tokenization, real-world assets. He graduated from New York University's business and economic reporting program before joining CoinDesk. He holds BTC, SOL and ETH.

Krisztian Sandor

Ultime da Krisztian Sandor


Tecnologie

DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack

The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for last week's attack.

The exploit of Platypus Finance is the latest example of crypto's rampant problem with hackers. (Meg Jerrard/Unsplash)

Mercati

Frax Finance Votes to Fully Collateralize Its $1B Stablecoin

The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.

(eswaran arulkumar/Unsplash)

Tecnologie

BlockTower Capital Loses $1.5M in DeFi Market Aggregator Dexible Exploit: Blockchain Data

The hacker exploited a weakness in a smart contract code, allowing them to drain funds from certain crypto wallets. Crypto “whales” accounted for 85% of the losses.

(Shutterstock)

Mercati

USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack

The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.

(Getty Images)

Mercati

TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation

The rally appears to come from traders mistakenly connecting TRU with TUSD, a stablecoin that had been issued by TrueFi in the past but now no longer is.

(Midjourney/CoinDesk)

Finanza

Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance

Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX.

Twitter Spaces: FTX – 1) What

Mercati

Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins

The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.

Tether. (Nikhilesh De/CoinDesk)

Finanza

Nomura’s Crypto Arm Invests in Institutional Hybrid DeFi Protocol Infinity Exchange

The investment showcases a growing trend of merging DeFi infrastructure and TradFi solutions to enable tokenizing traditional assets and to create blockchain-based markets for institutional investors.

Nomura. (charnsitr/Shutterstock)

Mercati

Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure

The BUSD supply decreased by more than 6% since Monday.

Nansen data shows that Paxos has been burning BUSD every few hours since Monday morning. (Nansen)

Finanza

Crypto Exchange Coinmetro Buys Social Fundraising Platform Ignium

With the acquisition, the Estonia-based crypto exchange intends to broaden its securities market offerings and develop tools for small businesses to raise funds directly from their communities using non-fungible tokens.

Tallinn, Estonia (Pawel Toczynski/Getty Images)