Serum, a decentralized exchange built on Solana, said that its mainnet program has become defunct after the collapse of FTX and Alameda Research. In a Twitter update on Tuesday, the[…]
Sam Bankman-Fried: FTT Is More Legit Than Most Tokens
Former FTX CEO Sam Bankman-Fried defended Alameda’s use of FTX’s native token FTT as collateral, saying it was “more legit” than most tokens In an audio interview with Celsius creditor[…]
Solana’s Largest Wallet Phantom Expands to Ethereum and Polygon
Phantom, the largest self-custody wallet on Solana, is expanding to other blockchains In an announcement on Tuesday, Phantom said it was adding support for Ethereum and Polygon. Phantom said it[…]
FTX Hacker Sent $4M to Crypto Exchange OKX
On-chain sleuths discovered that the FTX exploiter sent $4.1 million worth of crypto to the OKX exchange. In a series of tweets on Tuesday, blockchain analysts ZachXBT and Nick bax.eth[…]
Coinbase Wallet Drops BCH, ETC, XLM and XRP Due to ‘Low Usage’
Coinbase’s crypto wallet will no longer support four older cryptocurrencies. In an announcement on Tuesday, Coinbase said that it will end support for Bitcoin Cash (BCH), Ethereum Classic (ETC), Stellar[…]
Compound Finance Slashes Borrow Caps for 10 Markets
In an effort to protect against economic attacks, DeFi lending platform Compound Finance has restricted the maximum amount that can be borrowed on ten tokens. A proposal that came into[…]
MakerDAO Votes to Increase DAI Savings Rate
Major DeFi protocol MakerDAO’s community is currently voting to increase the savings rate for its stablecoin DAI. A polling contract posted on Nov. 28 asked the community to vote on[…]
Wrapped Crypto Tokens in a ‘Confidence Crisis’: Kaiko Research
A continued discount on Wrapped Bitcoin (WBTC) – the largest wrapped version of Bitcoin – has market participants on edge. According to a Nov. 28 report from Kaiko, the last[…]
DCG and Genesis’s Can’t Sell ‘Highly Illiquid’ GBTC Shares: Messari Founder
Messari Founder Ryan Selkis shared some “net good news” for Grayscale Bitcoin Trust (GBTC) shareholders on Monday. In a series of tweets, Selkis said that Digital Currency Group (DCG) and[…]
Aave Freezes 17 Low-Liquidity V2 Pools and Votes to Migrate 26 Assets to Ethereum V3
DeFi protocols have been upping their risk parameters to fend off attacks from bad actors. On Nov. 28, the Aave community voted in favor of a proposal to freeze 17[…]
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