A proposal would divvy up Rook’s nearly $50 million crypto treasury between Rook Labs, which builds MEV technology, and the new Incubator DAO.
ArkotNews
Bitcoin, Ether Momentum Traveling Divergent Paths
Ether's price spike this week may be foreshadowing a continuation of this trend.
Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.
First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?
U.S. Adds 236K Jobs in March Versus Forecasts for 239K
Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.
Lido Considers Using Its ARB Airdrop to Boost Activity on Arbitrum
Under a new proposal Lido would accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.
Bitcoin Faces Low Risk of 'Liquidations-Induced' Price Volatility After 70% Surge
Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves.
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.
NFT Collective Proof Launches New Moonbirds Collection With Beeple, Other Artists
The "Moonbirds: Diamond Exhibition" collection is available exclusively to holders that reached "Diamond Nest" status by staking their NFTs.
Safemoon Hacker Strikes Deal With Developers to Return $7.1M
The exploiter will retain 20% of the stolen funds as a bug bounty.