Explained: Solend DAO’s whale wars and DeFi lending drama
Amid a brutal repricing for crypto, Solana-based DeFi lending protocol Solend DAO found itself at the center of several potentially existential crises.
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Bitcoin24h
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Ethereum24h
$1,228.14+2.13%
Tether24h
$0.9995-0.00%
USD Coin24h
$1.00-0.01%
BNB24h
$240.29+2.26%
XRP24h
$0.3658+0.82%
Binance USD24h
$1.00+0.18%
Cardano24h
$0.5107+4.62%
Solana24h
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Dogecoin24h
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bZx users want refund after hacked DAO promised their crypto was safe
The DAO promised users they didn’t need to worry about anyone stealing their funds — then a developer fell for a dodgy email scam.
How billionaire Mark Cuban got revenge on DeFi with KlimaDAO
Billionaire investor Mark Cuban was down bad after getting caught in a DeFi ‘bank run’ last year — but he made it all back with KlimaDAO.
Cancel culture or DAOism? Web3 hits fever pitch over religious tweets
Ethereum Name Service’s recent drama over a community leader’s religious tweets hints web3 could be heavily moderated, just like web2.
Play-to-earn gamers form ‘subDAOs’ to maximize crypto profits
Play-to-earn fans are forming game-specific DAOs to decide the best way to grind the burgeoning crypto-powered entertainment industry.
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Explained: MicroStrategy’s margin call math—by Protos Staff
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BlockFi customers concerned it may have lent too much bitcoin to 3AC—by Protos Staff
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Customers fear Celsius insolvency as CEL token collapses—by Protos Staff
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History of Tether’s peg: Every time USDT traded above or below one dollar—by Protos Staff
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SEC probes Binance, Reuters finds billions in crypto washed via the exchange—by Protos Staff
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CFTC alleges Gemini cover-up: Execs funded market manipulation—by Protos Staff
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Weed & Bitcoin: Dad and son caught running $13M empire from Starbucks—by Protos Staff
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Turns out this tiny Bahamas bank is holding some of Tether’s reserves—by Protos Staff
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A complete timeline of Celsius’ relationship with Terra LUNA and Tether—by Protos Staff