Lending protocol Solend, Jupiter, automated market maker Raydium, stablecoin swap shop Mercurial Finance and other Solana-based DeFi traders, as well as centralized entities including Phantom wallet, limited their exposure to Serum Saturday morning. They disconnected price data oracles, shut down token trading pools or ceased trading on its central limit order book. Author: Danny Nelson Source link
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week FTX and Binance’s ongoing saga: Everything that’s happened until now An earthquake rattled the crypto space this week, its impact felt in numerous related stories regarding FTX, Alameda Research and Binance. Although the bad news came rolling in this week, suspicions relating to FTX’s status…
Microsoft, airbnb, WhatsApp, Apple, and Uber would be just a handful of present-day tech giants who launched during deflated markets and times of financial crisis. The Scottish philosopher William MacAskill has a narrative around what he describes as plasticity, that there are moments in time when change is much easier. MacAskill uses an analogy of history being like molten glass, so when glass is hot it can be folded into different shapes. But when the glass is harder, it’s much more difficult to change things. In the tech sector, with…