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Terra’s Luna Foundation Guard Releases Audit Report, Do Kwon Responds

The Luna Foundation Guard (LFG), nonprofit managing UST algorithmic stablecoin, has released a technical audit to provide full transparency into assets and efforts to repeg...

Crypto Users Jump to DeFi Platforms in Wake of FTX’s CeFi Crash

Nansen Data Show Double-Digit Jumps in Users at MakerDAO, Aave, and Other Protocols Don’t look now, but the FTX collapse has spurred a wave of...

Genesis Crypto-Lending unit halts customer withdrawals

Genesis Group Advisory, Venture Capital Company in Europe Genesis Group provides cloud based information technology services to businesses and end users for a range of...

Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets React to Missile Exploding in Poland

Ethereum moved into the red on Nov. 16, as markets became nervous, following a missile accidentally exploding in Poland. Fears grew of potential escalation in...

Genesis Halts Crypto Lending, Blames ‘FTX Implosion’

Genesis Halts Crypto Lending, Blames ‘FTX Implosion’ – Blockworks 2 Days Until Permissionless 2023 Tickets Go On Sale. Get Notified. By Michael Bodley / November...

Binance gets Abu Dhabi regulator’s nod to offer crypto custody services

Binance, world’s largest cryptocurrency exchange, has obtained Financial Services Permission from Abu Dhabi’s Financial Services Regulatory Authority (FSRA) to provide custody to professional clients in...

Luna Foundation Guard says it spent $2.8 billion to defend UST peg

Luna Foundation Guard (LFG), a non-profit created in January to grow the Terra ecosystem, has published an audit stating that it spent $2.8 billion in...

FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack

If FTX is sparking new Bitcoin (BTC) bear market lows, BTC price action has further to fall to match Mt. Gox. Data from on-chain analytics...

Genesis Suspending Client Withdrawals for Lending Arm Citing ‘FTX Impact’

On Wednesday morning, Genesis announced to clients that it would pause withdrawals from its lending arm, citing “unprecedented market turmoil” due to crypto exchange FTX....

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