Markets
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
The exploiter may be earning returns on staked cryptocurrency.
Arbitrum-Based GMX Surpassed Ethereum Blockchain in Daily Fees Over Weekend
The decentralized exchange product has gained a loyal community of users in the past few months.
Crypto Markets Analysis: Cryptos Upswing Stalls This Week Amid Fresh Regulatory Concerns
Bitcoin and ether decoupled from traditional assets as the crypto industry’s main narrative shifted from macroeconomic uncertainty to the SEC’s agreement with exchange giant Kraken and the possibility of new regulation.
First Mover Americas: Kraken's SEC Settlement Sends Crypto Markets Tumbling
The latest price moves in crypto markets in context for Feb. 10, 2023.
Long Traders Bear Brunt as Bitcoin, Ether Slide Spurs $220M in Liquidations
Over 90% of all liquidated positions originated from traders betting on even higher prices.
Crypto Markets Analysis: Crypto Trades Lower as Regulatory Concerns Trump Encouraging Macro Signs
The announcement that Kraken had agreed to “immediately" end its crypto staking-as-a-service platform for U.S. customers and to pay $30 million to settle SEC charges roiled markets.
Liquid Staking Tokens Rally as Kraken Shuts Staking Service to Settle With SEC
The sudden price uptick of governance tokens for the largest liquid staking protocols – Lido Finance, Rocket Pool and Frax Finance – was a counterweight to the decline of the broader crypto market.
Bitcoin Drops Below $22K as Kraken Agreement to Close US Crypto Staking Operations Spooks Investors
The largest cryptocurrency by market capitalization declined after the crypto exchange giant agreed to settle charges with the SEC to shutter the service.
Bitcoin Miners Surface for Air as Sliding Natural Gas Price Provides Cost Relief
Energy producers finally have incentives to work with bitcoin miners.
First Mover Americas: Coinbase CEO Brian Armstrong Suggests SEC Could Ban Staking
The latest price moves in crypto markets in context for Feb. 9, 2023.
