DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week
Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.
Biden’s Odds of Dropping Out Surge to Almost 80% on Polymarket After New York Times Report
Will he stay or will he go? (Justin Sullivan/Getty Images)
Bitcoin Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant
Bitcoin miners are showing signs of capitulation, an event that is typically tied to a market bottom following a 13% decline over the past 30-days.
Insurance Is the Silent DeFi Guardian
There is a long history of insurers helping to reduce industrial risks, from cars to buildings. They can play a similar role now in DeFi, where a lack of regulation stifles growth, says Q Rasi, co-founder of Lindy Labs.
The Case for Crypto Index Funds
There are already more than a dozen crypto index funds marketed to investors, ranging from $1 million to several hundred million dollars in assets under management. Here’s why they make sense to investors, says Adam Guren of Hunting Hill.
Ethereum Builder Consensys Buys Wallet Guard to Strengthen MetaMask Security
The entire Wallet Guard team will join Consensys within the MetaMask Product Safety Team.
CoinDesk 20 Performance Update: XRP and LTC Top Performers as Crypto Market Tumbles
The CoinDesk 20 index drops 4.2%, with XRP and LTC leading and no assets managing to trade higher.
Bitcoin Losing $60K Handle May Trigger Wave of ETF Liquidations: Analyst
BTC has already dropped 14% in four weeks.
What Bitcoin and the American Dream Have in Common
Bitcoin and America mean different things to different people. Both may have been captured by corporate interests. And both are all about freedom.
Obol Labs Forms Industry Group to Push for Decentralized Validator Technology
As blockchain projects push to further decentralize, the developer Obol Labs has formed a group of companies working in the Ethereum ecosystem to concentrate on the growing field of “distributed validator technology,” or DVT.