The DeFi community has voiced concerns around who and what is covered by Aave’s million-dollar “Balance Protection” for app users. Source link
Warren Payne
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Coinbase
Is XRP overvalued? Critics flag $149 in daily network revenue
by Warren Payneby Warren PayneDespite $127B in market cap, XRP burned as fees to transact on the blockchain rarely exceed a couple of thousand dollars a day. Source link
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Coinbase
From sweet to sour: Core slaps Maple with injunction over ‘syrupBTC’
by Warren Payneby Warren PayneCore and Maple Finance are locked in a dispute over competing BTC yield products, with an injunction secured against the launch of syrupBTC. Source link
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The Swiss National Bank is reportedly increasing its “indirect” exposure to BTC through BTC-related stocks. Source link
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The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy. Source link
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Coinbase
Jim Chanos missed out on extra 85% annualized from MSTR short
by Warren Payneby Warren PayneJim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade. Source link
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Coinbase
Billions in crypto liquidated as bitcoin crashes to $82,000
by Warren Payneby Warren PayneBTC’s price fell to $82K today during one of crypto’s worst months since the catastrophic crash of Terra/Luna in 2022. Source link
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Coinbase
Users blast curators Re7 and Silo for handling of DeFi turmoil
by Warren Payneby Warren PayneThe fallout from the collapse of Stream Finance has left users frustrated with the lack of progress from vault curators like Re7 Labs. Source link
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Coinbase
The US is likely losing money on its Digital Asset Stockpile
by Warren Payneby Warren PayneThe US Digital Asset Stockpile contains crypto assets that have been crashing in price since the fund came into existence on April 5. Source link
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Coinbase
Cardano crisis: senior dev quits after Hoskinson calls in the feds
by Warren Payneby Warren PayneRoman Kireev resigned after Cardano founder Charles Hoskinson “supported criminal charges against the DAO hacker” and an FBI investigation. Source link
