MakerDAO and Tron Buck Historic Selloff

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A step-by-step guide to claiming Optimism's $OP airdrop.

The Terra token has approximately doubled in price two days after its launch, even as controversy surrounding Terra and the activities of its founders continues to grow.  Terra airdropped Terra 2.0’s LUNA to holders of the network tokens of the fallen Terra Classic chain – what’s now known as Luna Classic (LUNC), and the network’s…

The Ethereum Foundation launched the Eth2 Beacon Chain on a public testnet yesterday, marking one of the final tests before Ethereum transitions to Proof-of-Stake later this year. The Beacon Chain, Eth2’s Proof-of-Stake consensus layer, went live on the longstanding public testnet, Ropsten.  The launch is a major milestone toward Ethereum’s highly anticipated ‘chain-merge’, which developers…

Crypto markets staged a rebound over the holiday weekend.

“Dai is a stablecoin implemented as an ERC20 token on the Ethereum blockchain. Designed to maintain 1:1 parity with the US Dollar its value is backed by collateral which is locked up in a smart contract, the Maker collateral vault.”

Using on-chain data, Nansen traced seven power users who may have triggered the depeg when they rushed to sell huge amounts of UST on Curve.

It’s been a traumatic couple of weeks in crypto and the drama continued last week with the Ethereum beacon chain suffering a 7 block reorg when some but not all nodes failed to upgrade the validator software in time. The market reacted as expected with Eth selling off violently down to the low 1700s before…

Bitcoin has been over 90% correlated with the Nasdaq since Apr. 8.