Markets


Finance

Three Arrows Capital Confirms Heavy Losses From LUNA's Collapse, Exploring Potential Options: Report

The company's co-founder said it's looking into the possibility of asset sales and a rescue by another firm.

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Markets

Bitcoin Recovers Over $21K as Fed Commits to Slow Inflation; Traders Remain Cautious

Chair Jerome Powell said the central bank remains committed to reducing inflation ,and increased interest rates by 75 basis points earlier this week.

Fed Chair Jerome Powell (Samuel Corum/Getty Images)

Finance

DeFiance, Avalanche, dYdX Distance Themselves From Three Arrows Capital Drama

The firms said operations will continue as usual as the crypto community assesses the fallout from speculation the crypto hedge fund failed to meet margin calls.

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Markets

Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers

A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.

The staked ether trading pool on Curve is quickly depleting after large holders used it as an escape route. (Flickr, modified by CoinDesk)

Markets

Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed

The rally in bitcoin and other major cryptocurrencies after the Fed meeting on Wednesday proved short-lived.

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Markets

Tokens de dogecoin y solana lideran las ganancias entre las principales criptomonedas

La capitalización del mercado ha crecido aproximadamente 4,5% en las últimas 24 horas luego de la caída al inicio de la semana.

Los mercados han subido las últimas 24 horas. (Mehmet Turgut Kirkgoz, Unsplash)

Tech

DeFi Protocol Inverse Finance Exploited for $1.2M

Attackers used a flash loan attack to drain the open-source protocol outfit of bitcoin and tether.

Inverse Finance developers paused borrowing functions for users and said they were investigating the incident. (Shutterstock)

Markets

Dogecoin, Solana Tokens Lead Gains Among Major Cryptocurrencies

Crypto market capitalization has increased about 4.5% in the past 24 hours after sliding earlier this week.

Los mercados han subido las últimas 24 horas. (Mehmet Turgut Kirkgoz, Unsplash)

Markets

Tron's TRX Bumps 27% as DAO Deploys $220M for Token Purchase

Founder Justin Sun has injected over $2 billion this week to support the Tron market.

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