FTX Contagion: Genesis and Gemini Hit in Crypto Chaos
The market turmoil created by FTX’s monumental meltdown is spreading throughout the crypto industry. Key Takeaways Genesis has paused its crypto lending business, citing “extreme...
Tag : contagion
FTX Contagion is Spreading. Right here’s How to Take care of Your Crypto Stable
Key Takeaways FTX collapsed last week, shaking the crypto community’s faith in centralized custodians. Holding crypto in self-custody helps users reduce exposure to risky third...
Terra contagion leads to 80%+ decline in DeFi protocols linked to UST
Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker gets a boost as traders look for other decentralized stablecoin...