The spectacular failure of Terra has caused money to flee from algorithmic stablecoins and has seen many abandon their plans. Source link
Coinbase
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Ultra-high yields on bitcoin-named tokens are available across a variety of interlinking, risk-compounding projects. Source link
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Coinbase
Nobody likes Bryan Johnson’s breakfast at the Network School
by Deirdre Knoxby Deirdre KnoxStudents at the crypto-funded Network School in Singapore reportedly prefer the hotel’s breakfast buffet over Johnson’s “bunny food.” Source link
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Coinbase
Top Korean paper knew its award went to $3B crypto scam, victims say
by Deirdre Knoxby Deirdre KnoxRight-wing newspaper Chosun Ilbo has been accused of knowingly covering and awarding the KOK crypto scam back in 2022. Source link
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Coinbase
Spot ether ETF flows were $0 yesterday, negative $548 million since launch
by Deirdre Knoxby Deirdre KnoxOn Monday, net inflows into ether via nine spot ETFs listed on US exchanges posted a disappointing $0 for an entire day.…
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Coinbase
CZ lets memecoin traders fight it out for Broccoli dominance
by Deirdre Knoxby Deirdre KnoxChangpeng Zhao has unleashed a wave of memecoins inspired by his dog “Broccoli,” but stressed he won’t be creating his own token.…
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OpenSea is airdropping a token, relaunching its website, cutting fees, and adding blockchains. Trading volumes, however, are still declining. Source link
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Coinbase
Liquity scare hits DeFi as Ethereum Foundation sinks $120M into sector
by Deirdre Knoxby Deirdre KnoxLiquity is a well-established DeFi protocol whose V1 has accrued over $300 million in total value locked since launching in 2021. Source…
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Coinbase
Russian investigator handed 16 years in jail for accepting 1,032-bitcoin bribe
by Deirdre Knoxby Deirdre KnoxRussia sentenced the former investigator after authorities discovered his bitcoin bribe in a file labeled “Pension.” Source link
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Four Solana trading bots made more than $530,000 in revenue over the past 24 hours while Ethereum managed just $528,000. Source link