Tag: Cryptoslate
Blockchain
South Korean prosecutors have banned Terra employees from leaving the country
South Korea’s prosecutor’s office has restricted key employees of Terraform Labs from leaving the country, according to a report by local media outlet JTBC on June 20 The post South
Blockchain
Op-Ed: The latest trends in hacker attacks and how to deal with them
As the DeFi sector continues to attract money and users, bad actors from around the world continue to view it as an attractive target that is ripe for the picking and poorly protected The post
Blockchain
The worst is yet to come for the crypto market, experts say
The cryptocurrency market is going through dire turmoil this week, along with the traditional stock market The post The worst is yet to come for the crypto market, experts say appeared first on
Blockchain
Babel Finance reaches debt agreement to ease liquidity pressure
Cryptocurrency lender Babel Finance, which halted withdrawals on June 17 citing liquidity pressure, has reached preliminary agreements with counterparties to ease short-term liquidity The post Babel
Blockchain
Circle CEO fails to dismiss allegations USDC users can be blocked
Founder of the Daily Gwei newsletter, Anthony Sassano, claims that USDC accounts can be blocked The post Circle CEO fails to dismiss allegations USDC users can be blocked appeared first on
Blockchain
Yuga Labs hires Christie’s NFT head to lead CryptoPunks
The head of Non-fungible tokens at Christie’s, Noah Davis, announced that he will join Yuga Labs to lead the iconic CryptoPunks collection that Yuga Labs bought a few months ago The post Yuga
Blockchain
FTX CEO blames Fed Reserve for bear market, will step in to prevent ‘contagion’
FTX CEO and founder Sam Bankman-Fried (SBF) said the downturn in the crypto market is driven by the aggressive rate hikes introduced by the United States Federal Reserve to counter the rising
Blockchain
Solend backtracks on ’emergency power’ proposal following community backlash
Solana-based decentralized finance protocol Solend backtracked on its initial proposal to take over a whale’s wallet by allowing users to vote on whether it should proceed or find another
Blockchain
Recent volatility sees Bitcoin Stock-to-Flow model breached for the first time
Self-described Bitcoin maximalist Rob Wolfram has been charting the BTC price against the Stock-to-Flow model The post Recent volatility sees Bitcoin Stock-to-Flow model breached for the first time
Blockchain
The current Celsius, 3AC situation may not be as bad as rumors suggest
One of the more concerning issues around the current insolvency fears for several centralized lenders and investors is the lack of transparency The post The current Celsius, 3AC situation may not be
Blockchain
Solend pays users to vote on proposal to liquidate whale wallet OTC and avoid “bad debt”
Solend, a Solana-based lending platform with over $1 billion in deposits, has voted on a governance proposal to take over a whale’s account so that funds can be withdrawn instead of
Blockchain
9 month recovery plan for Celsius announced by lead investor Bnk to the Future
Founder of web3 investment firm, Bnk to the Future Simon Dixon, who led the first investment round for Celsius has announced a recovery plan for the struggling platform The post 9 month recovery
