Business
The widely-followed measure inherently distorts our sense of crypto projects’ values, particularly in the wake of an initial sale, and in some cases can even create systemic financial risk.
Tech
When the market shows a renewed interest in crypto, you can be sure that scammers have renewed interest as well. Here are some of the best ways to protect your assets.
DeFi
Gauntlet has ended its four-year relationship as Aave’s risk manager, citing difficulties in the past year with navigating “ inconsistent guidelines” and “unwritten objectives” by the protocol’s largest stakeholders.
Ethereum
An increase in ether staking ETFs could affect Ethereum’s validator mix, and potentially increase the network’s concentration risk, say analysts from S&P Global.
The inflows into Ethena’s “synthetic dollar” partly stem from people’s appetite for yield, with investors who decide to stake their USDe after minting the token receiving a whopping annual percentage yield of 27.64%.
Kwon is facing fraud charges related to the collapse of the UST stablecoin.
The upcoming unlock of 9.54 million tokens comes as Avalanche’s native cryptocurrency slid nearly 11.5% in the past seven days, making it among the worst-performing of the top ten cryptocurrencies by market cap for that period.
Ether’s trip to $3,000 may have been short-lived, but on-chain data and the state of the wider ecosystem suggests that there’s reason to be optimistic about the digital asset.
Circle will cease minting of USDC on TRON effective immediately, and will discontinue support in a phased manner, as part of an effort to ensure USDC “remains trusted, transparent, and safe.”
Over 10.3 million OP tokens, valued at around $42 million, are set to be distributed.
