Lido Slashes 15% of Staff, Cites Operational Cost Concerns
One of the leaders in the liquid staking scene has undergone a cutback in its workforce necessary to fuel further development. It is unusual for such events to occur when…
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One of the leaders in the liquid staking scene has undergone a cutback in its workforce necessary to fuel further development. It is unusual for such events to occur when…
Ethena’s synthetic dollar stablecoin, USDe, has seen impressive market growth in recent weeks. Its market cap now stands at $9.3 billion. Over the past month alone, it increased by 75%,…
Coinbase CEO Brian Armstrong has responded to the backlash surrounding the company’s latest advertisement for the UK market. He clarified that the video was not intended as a political statement,…
A newcomer to the DeFi lending space was targeted, and a weakness was exploited, resulting in the loss of millions. This is yet another addition to the already substantial amount…
Bitcoin (BTC) dropped sharply to the $112,000 level over the weekend, triggering more than $1.5 billion in liquidations on Binance, with negative funding rates signaling extreme bearish sentiment. The latest…
As bitcoin (BTC) hovers around $114,000, some financial market experts are hoping that it will drop below the $100,000 price mark this month. This way, they can accumulate even bigger…
Artificial intelligence platform Grok has tallied 237 distinct bearish predictions by economist Peter Schiff forecasting Bitcoin’s crash, demise, or worthlessness since 2011. Over that same period, the OG cryptocurrency’s price…
Bitcoin’s mining difficulty has surged to a record 127.6 trillion this week, as computational force securing the network continues to grow. However, a downward adjustment is anticipated on August 9,…
Blockchain analytics firm Arkham has revealed that a previously unknown hack of Chinese mining pool LuBian in December 2020 resulted in the theft of 127,426 BTC worth around $3.5 billion…
Ethereum and Solana are the key players for derivatives, while Ondo Finance continues to make waves in the RWA space. Stablecoin movements are signalling a continuation of the current rally.…