🚣🏽‍♀️ Stablecoins Show Signs of Stabilizing After FTX Storm


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stablecoin

To Owen Vernau

drop Just as stablecoins began to stabilize again after the collapse of the $60 billion Terra ecosystem in May, the FTX disaster struck and pegged tokens have been whipped ever since. . According to DeFi Llama, the total value (TVL) of DeFi’s top five stablecoins has dropped 18% since November 6 to $2.64 billion.

👉Read the full story on DEFIANT.IO👈

stablecoin

To Alexander Gilbert

news Curve, the second largest decentralized exchange on Ethereum, white paper We have revealed the details of our upcoming stablecoin and sent the price of the CRV Governance Token skyrocketing. After a steady decline over the past week, CRV surged 15% after the release of the whitepaper, making him the best performing crypto token in the past 24 hours.

👉Read the full story on DEFIANT.IO👈

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crypto derivatives

To Taran Kaitan

shock wave Open interest in perpetual swaps has taken a big hit as the shock of the FTX collapse continues to ripple through cryptocurrencies.Now-defunct exchanges accounted for almost a quarter of the market before the collapse, according to data analytics firm Messari.

👉Read the full story on DEFIANT.IO👈

fan token

To Samuel Haig

upset Fans in the Middle Eastern country rejoiced and sports pundits debated all aspects of the most shocking upset in tournament history when Saudi Arabia thrashed Argentina 2-1 in Tuesday’s World Cup. Oh, and ARG also lost his third of its value in two hours.

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defiant video

podcast video

The Defiant trend
  • Avalanche hits new all-time high with ‘subnet’ strategy boost Avalanche is underway. Even as the cryptocurrency grapples with existential issues after his FTX disaster, Avalanche’s trading volume Layer 1 networkhit a new high in Q3 amid growth in DFK chain subnets.

  • Crypto users jump to DeFi platforms in the wake of FTX’s CeFi crash

    don’t look now However, the demise of FTX has increased interest in decentralized financial platforms.

  • Solana survives ‘crucible’ as FTX connection removes 70% of TVL

    There was a time when Solana had a good relationship with Sam Bankman-Fried. not anymore.

    🧑‍💻 ✍️ The Defiant news stories are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, yyctrader and contributors and edited by Edward Robinson, yyctrader and Camila Russo. The video team is led by Alp Gasimov. The podcast She is led by Camila.

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Conor the Tech Veteran
He previously spent 6 years publishing research on tech stocks, and believes in using a combination of fundamental, technical, and quantitative analysis. Prior to a career in tech stocks journalism he was a technology and semiconductor analyst with a research team.

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