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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QCP Insights: Macro Headwinds and ETF Outflows Weigh on Market
Bitcoin dropped to $112K amid a third consecutive Friday selloff, wiping out over $1 billion in leveraged longs and sparking broad crypto losses. Despite the correction, analysts view the move…
Inside the Ether Treasury Vaults: Who’s Hoarding Billions in Ethereum?
Ethereum’s strategic reserves and ETF stashes are throwing some serious heft around the market right now. Data from strategicethreserve.xyz shows these reserves sitting on 2.96 million ETH—valued at roughly $10.8…
Ethena’s USDe Market Cap Jumps 75% in a Month Amid Treasury Launch
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%,…
Alpen Labs Launches Public Testnet for Bitcoin Financial System
Alpen Labs launched its public testnet on Monday, advancing efforts to build a native financial system directly on the Bitcoin blockchain. Bitcoin ZK-Rollup Testnet Goes Live With EVM Compatibility According…
Largest Bitcoin Theft Ever? Chinese Mining Pool Hacker Now Ranks Among BTC Elite
Blockchain intelligence firm Arkham has revealed that the Chinese mining pool Lubian was the target of a sophisticated 2020 cyberattack in which hackers stole 127,426 bitcoin. A Timeline of the…
UK Bans Coinbase’s ‘Everything Is Fine’ Ad: CEO Says It Exposes Flaws in Finance
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,…
Lending Platform CrediX Loses $4.5 Million in Exploit
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…
Will Bitcoin Hit $119K or Drop to $110K Next? Key Levels in Focus
TL;DR Bitcoin hovers near $115K, with resistance at $114.8K-$116.8K crucial for new all-time highs. Weekend dip to $111,965 triggered $670 million futures losses, mostly from long positions. Analysts warn a…
Binance $1.5B Liquidations and Negative Funding Rates Hint at Market Bottom
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…
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