A surge in staked Ethereum (stETH) redemptions has caused it to lose its 1:1 peg with Ethereum.
You might be interested in …
NYDIG, Under New Management, Bets Another $720M on Bitcoin
NYDIG (New York Digital Investment Group) has raised $720 million for its Institutional Bitcoin Fund, as revealed in an SEC filing published last week. A total of 59 unnamed investors have contributed to NYDIG’s Bitcoin […]
How Andrew Yang Aims to Change Washington With a DAO
Andrew Yang joined Decrypt’s gm podcast to pitch his new political DAO, which he says can use crypto to change Washington politics.
KuCoin Draws Ire for Sky-High Yields on Bitcoin Dual Investment Earn Products
There was a time when having sky-high annual percentage rates on crypto yield products felt like the best way to drive adoption. That time has passed. This week crypto exchange KuCoin is facing scrutiny because […]