Nansen Casts Blame for stETH ‘De-Peg’ on Terra
The report from the blockchain analytics firm also explains how Celsius and Three Arrows Capital helped foment their own declines.
Celsius carried more risk than traditional banks, investor documents show
Crypto lending platform Celsius (CEL) was riskier for users than traditional banks, according to a report by The Wall Street Journal based on investor documents. The lending platform has been…
North Korea Retains Lead In Crypto Crimes, Over $1.5 B Stolen
Indeed, the crypto-space has become the favorite place for cybercriminals worldwide for some years, but some countries are more prolific than others. Similarly, continuous cyber-attacks on crypto-oriented businesses by North…
How To Interpret The Changing Market Landscape
By Sumit Handa, Managing Director, Partner, and Co-Head of the Investment Committee for Pennington Partners Crypto Winter. War in Ukraine. A stock market drop: What’s an investor to do? When…
Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement
STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse.
Nansen report reveals Terra caused the stETH depeg and crippled Celsius, 3AC
The source of the current market volatility and liquidity issues with companies such as Celsius and Three Arrows Capital could be directly linked to staked Ethereum (ETH) on Lido, according…