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3232Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
https://www.digit.info/elephant-in-the-room-ftx-troubles-force-exchange-executives-to-talk-about-proof-of-reserves/
Wed, 09 Nov 2022 14:30:06 +0000https://www.digit.info/2022/11/09/elephant-in-the-room-ftx-troubles-force-exchange-executives-to-talk-about-proof-of-reserves/Read more]]>On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]
]]>Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations
https://www.digit.info/report-bankrupt-crypto-hedge-fund-three-arrows-capital-probed-by-sec-cftc-for-possible-legal-violations/
Tue, 18 Oct 2022 16:00:13 +0000https://www.digit.info/2022/10/18/report-bankrupt-crypto-hedge-fund-three-arrows-capital-probed-by-sec-cftc-for-possible-legal-violations/Read more]]>Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial authorities from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). The whereabouts of the hedge fund’s co-founders Su Zhu and Kyle Davis are still unknown and the court-appointed liquidator plans […]
]]>Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise
https://www.digit.info/terras-tendermint-touch-cosmos-based-token-economy-hit-hard-by-lunas-demise/
Tue, 17 May 2022 10:00:42 +0000https://www.digit.info/2022/05/17/terras-tendermint-touch-cosmos-based-token-economy-hit-hard-by-lunas-demise/Read more]]>Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins collectively were worth $61.6 billion and since then, the Cosmos economy has lost […]
]]>Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg
https://www.digit.info/lido-deploys-additional-curve-pool-to-improve-liquidity-around-bonded-eth-peg/
Fri, 13 May 2022 17:30:50 +0000https://www.digit.info/2022/05/13/lido-deploys-additional-curve-pool-to-improve-liquidity-around-bonded-eth-peg/Read more]]>On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi application in terms of TVL size […]
]]>‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps
https://www.digit.info/a-dark-day-for-crypto-a-deep-dive-into-the-obliterated-terra-token-ecosystem-and-damaged-apps/
Fri, 13 May 2022 15:30:54 +0000https://www.digit.info/2022/05/13/a-dark-day-for-crypto-a-deep-dive-into-the-obliterated-terra-token-ecosystem-and-damaged-apps/Read more]]>Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd (UST) hit a low of $0.044 per unit. After temporarily halting the Terra blockchain and restarting it, the team has […]