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Ethereum Whales Prefer USDC over USDT after UST Crash

Ethereum whales, mainly DeFi protocols, custodians, and cryptocurrency exchanges, prefer USDC over USDT following the UST de-peg….

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I Lost $2.4 Million in LUNA during Crash, a YouTuber Who Knocked on Do Kwon’s Door Says

The LUNA crash saw a YouTuber lose $2.4 million, a financial devastation that led him to trespass into Do Kwon’s apartment….

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Everything you need to know about LUNA/Terra collapse: Oracle manipulation, lawsuits, supporters and hard fork

The fall of LUNA & UST rekt an uncountable number of people. This is the worst any crypto investor has ever seen. A well-planned…

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New Decentralized Oracles built to tackle the problem of commercial viability

These are the top decentralized crypto oracles designed to tackle the problem of commercial viability and promote adoption….

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LUNA and UST CEO’s Family Asking for Police Protection

The family of Do Kwon, the face behind LUNA and UST cryptocurrencies, is asking for police protection after a recent break-in….

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Tether (USDT) is Wobbly Hours after UST Crash

Tether is trading below the $1 peg, a concern that users claim may further heap pressure on crypto assets hours after UST crashed….

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Are Crypto Whales Manipulating Bitcoin Prices to “Crash” Terra’s UST?

Crypto whales have been accused of deliberately keeping Bitcoin prices low in an attempt to crash Terra’s algorithmic stablecoin, UST….

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Understanding The Ronin attack: Biggest hack in the DeFi to date

Major hacks and security breaches are becoming frequent in the DeFi industry. For example, in what was dubbed the greatest crypto hack in history,…

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DeFi

Justin Sun and the TRON DAO Plan to Launch a Stablecoin Backed by $10 Billion worth of Crypto Assets

The TRON DAO and Justin Sun plan to launch a decentralized algorithmic multi-chain stablecoin dubbed USDD by May 5, 2022….

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Aave Protocol to Create a Stablecoin, GHO

Aave DAO, the governance body of the Aave Protocol, have voted to create an overcollateralized stablecoin, GHO….

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Celsius Network Files for Bankruptcy, has $167 Million in Cash

Celsius Network has filed for bankruptcy in New York to stabilize and restructure less than a month after suspending withdrawals….

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Omni, an NFTs-for-ETH Loans Platform, Hacked for over $1.45 Million

Omni, an NFTs-for-ETH loans protocol, lost $1.45 million of their internal testing ETH to a hacker on July 10, 2022….

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Centralized Crypto Lending Firms are to Blame for their Failure

Robert Leshner of Compound Finance has said centralized crypto lending firms are to blame for their failure and is good for DeFi protocols….

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MakerDAO vote to Extend a $100 Million Loan to a U.S. Bank

MakerDAO is voting on a proposal that will see Huntingdon Valley Bank access a $100 million line of credit….

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Nexo Allegedly Trading Against Clients to Force Liquidation

Nexo, the regulated and centralized crypto money market, is accused of trading against clients and charging an illegal liquidation fee….

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Voyager Digital Wants to Recover over $660 million from 3AC

Voyager Digital is planning to recover over $660 million from Three Arrow Capital (3AC), issuing the hedge fund a notice on June 27….

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BlockFi Increases Deposit Rates, a $25 Withdrawal Fee Will Also Apply

BlockFi has announced that it will increase deposit rates of top crypto assets supported and will also introduce a $25 in withdrawal fees….

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Harmony Bridge Exploited for over $100 Million in ETH

On June 24, the Harmony Bridge was hacked and roughly $100 million of ETH stolen, the team has confirmed. The BTC Trustless bridge is…

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Compound Finance Founder Wants DeFi Protocols to be More Transparent

Robert Leshner of Compound Finance protocol said DeFi needs more transparency now than before following collapse of recent crises. …

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Celsius Network Pays a $47.1 Million Loan, CEL Rallies 100%

CEL, the native token of the Celsius Network, is up a massive 45 percent against the USDT in the past trading day, defying gravity….

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Osmosis, a DeFi Protocol, lost $5 Million due to Bug Exploit

Osmosis, a proof of stake blockchain and DEX on the interoperable Cosmos ecosystem, has lost $5 billion following a bug exploit….

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Aave Protocol to Create a Stablecoin, GHO

Aave DAO, the governance body of the Aave Protocol, have voted to create an overcollateralized stablecoin, GHO….

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Celsius Network Files for Bankruptcy, has $167 Million in Cash

Celsius Network has filed for bankruptcy in New York to stabilize and restructure less than a month after suspending withdrawals….

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Omni, an NFTs-for-ETH Loans Platform, Hacked for over $1.45 Million

Omni, an NFTs-for-ETH loans protocol, lost $1.45 million of their internal testing ETH to a hacker on July 10, 2022….

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Centralized Crypto Lending Firms are to Blame for their Failure

Robert Leshner of Compound Finance has said centralized crypto lending firms are to blame for their failure and is good for DeFi protocols….

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MakerDAO vote to Extend a $100 Million Loan to a U.S. Bank

MakerDAO is voting on a proposal that will see Huntingdon Valley Bank access a $100 million line of credit….

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Nexo Allegedly Trading Against Clients to Force Liquidation

Nexo, the regulated and centralized crypto money market, is accused of trading against clients and charging an illegal liquidation fee….

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Voyager Digital Wants to Recover over $660 million from 3AC

Voyager Digital is planning to recover over $660 million from Three Arrow Capital (3AC), issuing the hedge fund a notice on June 27….

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BlockFi Increases Deposit Rates, a $25 Withdrawal Fee Will Also Apply

BlockFi has announced that it will increase deposit rates of top crypto assets supported and will also introduce a $25 in withdrawal fees….

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Harmony Bridge Exploited for over $100 Million in ETH

On June 24, the Harmony Bridge was hacked and roughly $100 million of ETH stolen, the team has confirmed. The BTC Trustless bridge is…

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Compound Finance Founder Wants DeFi Protocols to be More Transparent

Robert Leshner of Compound Finance protocol said DeFi needs more transparency now than before following collapse of recent crises. …

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Celsius Network Pays a $47.1 Million Loan, CEL Rallies 100%

CEL, the native token of the Celsius Network, is up a massive 45 percent against the USDT in the past trading day, defying gravity….

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Osmosis, a DeFi Protocol, lost $5 Million due to Bug Exploit

Osmosis, a proof of stake blockchain and DEX on the interoperable Cosmos ecosystem, has lost $5 billion following a bug exploit….

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