Tron Falls Sharply As Sun Scrambles To Save StablecoinTron price momentum faded over the weekend, and the price has dropped by more than 40% since then. The cryptocurrency is presently having difficulty gaining traction. Tron Falls AS USDD ...newsbtc2022/06/16 02:39newsbtc2022/06/16 02:39
Some ways to use ZK-SNARKs for privacy Some ways to use ZK-SNARKs for privacy Special thanks to Barry Whitehat and Gubsheep for feedback and review.Vitalik Buterin2022/06/16 02:32Vitalik Buterin2022/06/16 02:32
Bitcoin Hashrate Shoots Up To New All-Time High Amid CrashData shows amid the panic of the crypto crash, the Bitcoin mining hashrate has gone flying to a new all-time...Bitcoinist2022/06/16 02:24Bitcoinist2022/06/16 02:24
stETH/ETH De-peg and Its Effect on CelsiusToday, we look at the stETH/ETH de-peg, what caused it, and what adverse effects it could potentially have on the crypto market.ALTCOINBUZZ2022/06/15 10:43ALTCOINBUZZ2022/06/15 10:43
Rumors Swirl About Financial Stress at Three ArrowsOn-chain data has prompted speculation that Three Arrows Capital, a crypto-focused, Singapore-based hedge fund, is insolvent and may become the latest high-flying company to crash in the bear market. Defiant2022/06/15 10:02Defiant2022/06/15 10:02
Ethereum Bulls See Opportunity in Celsius Collapse, stETH ‘De-Peg’Lido’s stETH, a derivative token representing staked ether, has traded roughly at par with Ether since its inception. That so-called “peg” broke in dramatic fashion last week, as the value of stETH relative to ETH began to plunge. Lido attributed the price fluctuation of stETH to “the Terra collapse, market-wide deleveraging and now withdrawals from larger lending platforms.” Defiant2022/06/15 09:43Defiant2022/06/15 09:43
'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three ArrowsThe price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on crypto lending markets.CoinDesk2022/06/15 09:27CoinDesk2022/06/15 09:27
Ethereum crash reason: What is Lido Staked ETH, pulling Ethereum price down?Ethereum crypto crash reason: A DeFi derivative version of Ethereum may cause a massive crypto crash.FINANCIAL EXPRESS2022/06/15 09:09FINANCIAL EXPRESS2022/06/15 09:09
What will become of Lido Finance as sETH gets depegged for the second time this monthstETH is a token representing staked Ether in the Lido Finance platform, combining the value of an initial deposit + staking rewards. A derivative token backed 1:1 by ETH. Users who stake their ETH on the Lido Finance platform receive the staked derivative in return. Users/stakers can access the value of their staked tokens while staked. But what about its potential downside?Ambcrypto2022/06/15 08:30Ambcrypto2022/06/15 08:30
Lido Staking Woes Continue as stETH Selloff AcceleratesThe largest Ethereum liquid staking platform Lido is feeling the pressure as its staked asset has not regained its peg and is started to get liquidated. The Lido stETH token has fallen 5% from its Ethereum price peg. Three Arrows Capital has been liquidating its stETH holdings. The embattled Celsius platform holds more than 400,000 stETH, causing concern.FXEMPIRE2022/06/15 08:10FXEMPIRE2022/06/15 08:10
