The 30-day average funding rate for bitcoin futures contracts stayed in the negative range for 67 days in a row, the longest negative streak seen in nearly 10 years. Brent…
Crypto Currency
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Crypto Currency
After the $16.5 billion in exploits, DeFi is now being forced toward the controls it once resisted
Make CryptoSlate preferred on The rsETH crisis resulted in $200 million in bad debt on Aave’s books, despite not a single line of its contracts misbehaving. On Apr. 18, attackers…
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Binance highlighted areas where crypto has driven financial inclusion, namely access to capital markets and the democratization of private markets through tokenization. Binance has released a report outlining how…
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Key Takeaways: After recouping the attacker’s holdings on May 6, Aave has moved forward to Phase II of its recovery plan. Arbitrum DAO and Mantle DAO voted on proposals that…
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A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked…
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On May 7, Bitwise Asset Management revealed that it is taking over as investment manager of the Superstate Crypto Carry Fund (USCC). This will be Bitwise’s first tokenized fund, and…
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Crypto Currency
Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight
Make CryptoSlate preferred on The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over whether…
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This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Unfortunately, Ethereum was rejected at the $2,400 resistance this week. Bulls did not manage…
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Key Takeaways: Ethereum Foundation sold 5,000 ETH, which was converted to DAI amounting to $11.1M The median price of the sale was $2,221 per ETH The relocation is an indication…
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A 20-year-old California man has been sentenced to six and a half years in federal prison for his role in a crypto theft ring that defrauded victims of more than…
