The latest price moves in bitcoin (BTC) and crypto markets in context for August 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source link
“He [Erogov] borrowed FRAX using CRV as collateral on Fraxlend. However, because people are withdrawing FRAX from the pool, fearing bad debt in the event of CRV liquidation, the APY has significantly increased,” Ignas explained. […]
Yuga Labs, which acquired a number of non-fungible token (NFT) projects including CryptoPunks, Meebits and 10KTF, has expressed its intention to craft Otherside as a place for all of its intellectual property to converge. While […]
Bitcoin was recently outperforming Ether, the second largest crypto in market value, and other major altcoins by market capitalization. ETH was changing hands at $1,853, down 0.5% from Sunday, same time. SOL, TRX and MATIC, […]
Litecoin’s third “halving event” – a programmed 50% reduction in the pace of new issuance of the cryptocurrency – is expected on Wednesday. Source link
If passed – voting ends Tuesday – the governance proposal will reduce the amount of DYDX given to liquidity providers per epoch to 575,342, a 50% decrease that amounts to about $1 million at current […]
The $70 million weekend exploit of major platforms, including Curve, come at a time when developers are discussing changes to the prevailing AMM liquidity model. Source link
Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge. Source link
Novogratz, CEO of crypto-focused financial services firm Galaxy Digital (GLXY), said Fink is “the most important thing that happened this year in bitcoin,” because of BlackRock’s application to list a spot bitcoin exchange-traded fund (ETF) […]
Infrastructure projects again dominated the week with six projects, while Web3 was the only other category represented. The week was also dominated by early-stage deals in the seed or pre-Series A stages, a common theme […]
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