Solend Neighborhood Votes to Again off on Whale Takeover Diagram
The Solana lending protocol Solend sparked controversy over the weekend when it put forward a proposal to take over a whale’s account to prevent a...
Category : News
Terraform Labs Workers Banned From Leaving South Korea: Represent
South Korean prosecutors have reportedly banned certain Terraform Labs employees from leaving the country. Key Takeaways According to a Monday JTBC report, Terraform Labs employees...
One Week Later, TRON’s Terra Ripoff Is Peaceful Value Much less Than a Buck
In a move reminiscent of Terra’s UST collapse last month, TRON’s USDD lost its peg to the dollar on Jun. 13. One week later, it’s...
Synthetix Surges 70% as Trading Volumes Explode
Key Takeaways Synthetix's native utility and governance token SNX surged roughly 70% today after the DeFi platform became the third-largest protocol by trading fee consumption...
Ethereum Outpaces Bitcoin in Crypto Market Rebound
Key Takeaways Bitcoin jumped by 20% after printing a low of $17,600 this weekend. Meanwhile, Ethereum surged by over 29% from a low of $880....
Bitcoin Breaks Under Principal $20,000 Level as Market Bleed Continues
Key Takeaways Bitcoin has broken below $20,000 for the first time since December 2020, while Ethereum has dipped below $1,000. It's the first time Bitcoin...
Tremulous Crypto Huge 3AC Weighing Asset Gross sales, Bailout Alternatives: WSJ
Key Takeaways Three Arrows Capital is considering selling its assets or seeking rescue from another firm to deal with its ongoing liquidity issues, The Wall...
Panama President Vetoes Crypto Invoice Over Laundering Dangers
President Cortizo has partially vetoed Bill No. 697 citing the Financial Action Task Force’s money laundering guidelines. The bill will now go up for another...
Gitcoin’s Kevin Owocki on Changing the World With Web3
Cover image edited by Mariia Kozyr. Key Takeaways Kevin Owocki is the founder of the Ethereum-based open source funding platform Gitcoin. Gitcoin accepts donations on...
Babel Finance Halts Withdrawals, Citing Low Liquidity
This month's far-reaching crypto liquidity crisis has affected yet another company. Key Takeaways Babel Finance suspended withdrawals and redemptions today, citing liquidity pressures as its...