Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin.
Blur co-founder Pacman, who recently revealed himself to be 24-year-old Tieshun Roquerre, spoke to CoinDesk about the creator royalty dilemma, platform fees and creating long-term value for users.