MarginFi sees $155 million outflow amid leadership shakeup

MarginFi sees $155 million outflow amid leadership shakeup

MarginFi creator Edgar Pavlovsky said he does not agree with the way the protocol has operated, both internally and externally. Earlier on Wednesday, the platform was accused of acting in bad faith by Solana-based liquid staking protocol, SolBlaze.

News 2024-04-11 17:53
Policy Analysis: Uniswap Receives Wells Notice from SEC

Policy Analysis: Uniswap Receives Wells Notice from SEC

Uniswap received a Wells notice. What impact did this event have? Why did the SEC emphasize that multiple tokens are securities?

News 2024-04-11 15:30
Ex-Ethereum Advisor Steven Nerayoff Sues U.S. Government for $9.6 Billion Over 'Fabricated' Charges

Ex-Ethereum Advisor Steven Nerayoff Sues U.S. Government for $9.6 Billion Over 'Fabricated' Charges

Steven Nerayoff was arrested for nearly $10 billion in damages, claiming federal agents maliciously pursued him during a four-year legal battle after his 2019 arrest for allegedly extorting 10,000 ether from a crypto startup.

News 2024-04-10 16:05
Etherfi maintains lead in liquid restaking niche with over $3.8 billion in deposits

Etherfi maintains lead in liquid restaking niche with over $3.8 billion in deposits

Etherfi oversees $3.8 billion in user deposits, leading the liquid restaking (LRT) niche, while other protocols such as Renzo, Puffer, Kelp, Swell, and Eigen also command significant market shares.

News 2024-04-10 16:03
Rise of New Token Standards: Overview of Popular Token Standards and Their Solutions

Rise of New Token Standards: Overview of Popular Token Standards and Their Solutions

Recently, several tokens have garnered attention due to the adoption of new token standards. Inventory of popular token standards and the problems they solve.

News 2024-04-10 15:24
Interpreting the Saga Project: High-frequency, Light-asset Project Solutions

Interpreting the Saga Project: High-frequency, Light-asset Project Solutions

-Saga is a Layer 1 that allows developers to build specialized chains, called "Chainlets," which are compatible with different virtual machines, can run in parallel, and are interoperable, providing applications with unlimited scalability.

News 2024-04-09 15:23
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case

New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case

The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.

News 2024-04-08 18:44
dYdX experiences chain halt during upgrade, engineers are investigating

dYdX experiences chain halt during upgrade, engineers are investigating

dYdX has confirmed an outage on its mainnet, with ecosystem engineers currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC with no fix expected for several hours, according to an incident report.

News 2024-04-08 18:19
This Week Noteworthy Events(April 8, 2024 - April 14, 2024)

This Week Noteworthy Events(April 8, 2024 - April 14, 2024)

WikiBit has compiled 8 noteworthy events for this week: Anza will release a fix for Solana congestion, and Tensor will unveil the TNSR tokenomics model.

News 2024-04-08 14:24
Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?

Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?

The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.

News 2024-04-07 16:37