Lido’s latest market move could have ETH stand here despite market conditions
On 13 November, the Lido proposal led to the surge of the allowable APR from 10% to 17.5%. The proposal at hand also led to Lido stETH APR touching 10.2%.
Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal
Expect a tough crypto winter, but <a href="http://crypto.com/" target="_blank">Crypto.com</a> isn’t going anywhere, CEO Kris Marszalek said during a live interview hosted on its YouTube channel.
Why DeFi is in dire straits — and what could save it
DeFi remains unusable for all beyond a niche community, writes Dennis Jarvis of Bitcoin.com. ‘Should it stay like this, it will never attract a wide audience.’
Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year
A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of employees in a number of European countries.
Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto
Bitcoin (BTC) miners or entities generating the cryptocurrency seem to be running down their coin stash amid the FTX-induced market panic.
Bitcoin Price and Ethereum Prediction, Solana Pumps 4%, Can We Expect More?
Bitcoin is down nearly 20% in seven days to trade at $16,789 as a result of the FTX bankruptcy, which has caused market chaos and risk-off sentiment. Ethereum, the second-most valuable cryptocurrency, on the other hand, has plunged over 20% in the last seven days to trade at $1,252.20.
Bitcoin Will Make It But There’s a Catch, Says Elon Musk
The world’s richest man has once again shared his thoughts on the primary cryptocurrency by means of total market capitalization.
Huobi Unable to Withdraw $13.2M in Customer Funds From FTX
Huobi announced that it is also a victim of the FTX scandal. It revealed in a notice that it was unable to withdraw $18.1 million from the now-bankrupt exchange. Of this, $13.2 million belongs to customers, with the remaining $5 million belonging to subsidiary Hbit.
What is The Uncharted and How to Buy The Uncharted NFTs
Even with the market taking yet another downturn, NFTs continue to be a ray of hope for investors. While NFT investment figures have dropped from their all-time highs, certain collections continue to win investors over as they always have. The NFT niche is becoming one of quality, not quantity, and investors are looking for innovative ideas.
Hong Kong continues to welcome virtual assets after FTX debacle
Hong Kong remains bullish on virtual assets in the financial sector after the FTX debacle, while maintaining the view that regulation of businesses is a prerequisite for market development, said Hong Kong’s Financial Secretary Paul Chan in a blog post published on Sunday.
