Curve 3pool Sees Increased Outflows Since hack 14
The stablecoins that makeup Curve’s 3pool have seen increased outflows since the hack. The demand for CRV continues to fall, putting downward pressure on price. In the aftermath of Curve’s reentrancy exploit of July 30, 3pool, one of the decentralized exchange’s (DEX) prominent liquidity pools, continue to experience capital flight,...
spot Bitcoin ETF
London-based asset manager Jacobi listed Europe’s first spot Bitcoin exchange-traded fund on Euronext Amsterdam. Jacobi initially received approval for this ETF in 2021 but delayed its listing due to crypto crashes in 2022 like the Terra collapse and the Three Arrows crisis. The Jacobi FT Wilshere Bitcoin ETF will trade...
Bankman-Fried
Bankman-Fried was transferred to the Metropolitan Detention Center in Brooklyn on Monday, per Reuters. Authorities moved the former FTX CEO after U.S. District Judge Lewis Kaplan revoked his $250 million bail bond. The crypto founder was previously living at his parents’ house in Palo Alto where he allegedly tampered with...
Cardano Whales Steadily Accumulating $ADA Despite Price Drop 20
Cardano sharks and whales have continued to buy the token despite the fall in its price. Traders continue to sell heavily in intraday trading sessions. Following significant coin distribution between February 2021 and May 2022, Cardano [ADA] investors that hold over 100,000 ADA coins have again begun accumulating the crypto...