At time of writing, Coinbase offers an APY of 4.18%, while Rocketpool and Lido have 7 day average APRs of 8.21% and 9.00% respectively. Why is there such a dramatic difference? My initial sense is just that Coinbase charges a higher fee for convenience of not having to self-custody and do everything on chain. Is…
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Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent 80,081 bitcoin and 49.8 million stablecoins, which add up to […]
Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit.
submitted by /u/Major_Bandicoot_3239 [link] [comments]
“I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy.
submitted by /u/LuckyLeverageTrader [link] [comments]
The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee’s chair Maxine Waters and representative Patrick McHenry. Furthermore, a congressional hearing is scheduled to take place in December, according to the joint statement. Bipartisan Congressional Hearing to Be Held in December Over […]
An image of the sandals worn by Steve Jobs was minted as a nonfungible token and sold for over $200,000.
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency.
Let's use Bitcoin as an example, but please feel free to use any truly immutable decentralized coin or token in its place for what I am about to type here, because for one reason or another, a lot of you must have forgotten this, or just never knew it to begin with. If you purchased…
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