Bitcoin miners are turning to AI infrastructure to ramp up revenues, and some treasury firms are joining in on the rotation too. …
Massive
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While the heyday of Cathie Wood’s investment management is, for the time being, firmly in the past, the popular ARK Innovation ETF …
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Analysis
Morgan Stanley CIO Mike Wilson Says One Factor Could Pose Massive Risk to Stocks – And It’s Not the Iran Conflict
by shayaanby shayaanMorgan Stanley’s chief investment officer (CIO) and chief US equity strategist, Mike Wilson, is warning of one factor that could have a …
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DeFi
A crypto coalition releases technical proposal to save Aave users from a massive token exploit
by shayaanby shayaanA $300 million hole doesn’t usually come with a neat repair manual. This time, the group spearheading the Kelp DAO recovery effort …
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Markets
Robinhood stock shrugs off a 47% crash in crypto revenue thanks to a massive surge in event betting
by shayaanby shayaanWhile the trading platform’s crypto revenue tanked 47% to $134 million, a record-breaking surge in prediction market bets helped push overall revenue …
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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three …
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Markets
Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack
by shayaanby shayaanThe response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach. www.coindesk.com
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Finance
Massive Liquidity Influx – Tether Mints $3 Billion as Abraxas Capital Absorbs Majority of New USDT
by shayaanby shayaanThe stablecoin markets are experiencing serious change in market sentiment due to the aggressive increase in supply by the Tether ($USDT). Recent …
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Markets
Why DeFi isn't dead despite massive exploits and $13 billion investor exodus
by shayaanby shayaanA $292 million exploit and $13 billion TVL drop looks catastrophic on the surface, but the data tells a different story. www.coindesk.com
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DeFi
Massive USDT Transfer to Ethena Sparks DeFi Liquidity Concerns: 299,909,990 Stablecoins Moved
by shayaanby shayaanA massive transfer of 299,909,990 $USDT has moved from an unknown wallet to the Ethena protocol. Whale Alert, a blockchain tracking service, …