The depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of loan repayments over the weekend, allowing debtors to save a total of…
Day: March 14, 2023
4 out of 10 NFT sales are fake: Learn to spot the signs of wash trading
Wash trading on nonfungible token (NFT) marketplaces is back in the spotlight after critics claimed the fast-growing NFT marketplace Blur has incentivized the practice with its trading rewards scheme. 10%…
EUL token down 52% after the $200 million Euler protocol exploit
Hackers stole almost $200 million from Euler protocol on Monday. USDC accounted for a majority of the stolen tokens. Euler Labs is currently working to recover the funds. Euler protocol…
Crypto volatility back to FTX levels, with $791 million of liquidations in 4 days as SVB collapse rocks market
Key Takeaways Crypto volatility is back up to levels last seen when FTX collapsed in November $791 million of liquidations rocked investors between Thursday and Sunday $383 million of longs…