There was not a mass unlock of staked ETH, as some predicted, boding well for Ethereum and liquid staking derivatives.
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Bitcoin's Tight Correlation With Nasdaq-SPX Ratio Muddies Safe-Haven Narrative
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.
DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand.Â
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.
MonkeDAO Plans to Buy Rights to Popular Solana Monkey Business NFT Collection for $2M
MonkeDAO, a decentralized autonomous organization formed by owners of the Solana Monkey Business NFT project, will purchase all intellectual property rights to the collection from its current owner HadesDAO.
Solana-Based NFT Collection Okay Bears Partners With (RED) to Fund Global Health Efforts
The PFP project will release (RED)-themed merchandise to raise funds for The Global Fund to Fight AIDS, Tuberculosis and Malaria.
Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.
Is Chief Twit Elon Musk Also Top DOGE?
He's done it again, so we're covering it again. Please kill me.
Asia-Based Digital Asset Firm Hashkey Group Introduces Wealth Management Service
HashKey has also expanded its OTC service by expanding its liquidity coverage and range of tokens in the spot market.
Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.