Episode Details
Back to Episodes
April 24: Bitcoin Runes, Investors leaving Lido & Do Kwon should get $53b fine
Description
In today’s episode, we check different sides of DeFi from Bitcoin to Terra. Since its launch on April 20, the Runes protocol has deployed over eight thousand tokens on the Bitcoin blockchain, featuring long, capitalized names to deter infringement. Lido, an Ethereum liquid staking service, has seen a significant decline with investors withdrawing $2.5 billion worth of Ether, reflecting broader shifts in the staking landscape. Meanwhile, the U.S. Securities and Exchange Commission seeks $5.3 billion in fines from Terraform Labs and co-founder Do Kwon for their role in the collapse of the Terra ecosystem, underscoring concerns about accountability in the cryptocurrency space.
Today’s News👇
https://decrypt.co/227748/bitcoin-rune-name-rules-long-weird
https://www.dlnews.com/articles/defi/why-investors-withdrew-2bn-in-ether-from-staking-giant-lido/
https://dune.com/hildobby/eth2-staking
Participate in DCN👇
https://substack.com/@dcndailycryptonews
https://twitter.com/DCNDailyCrypto
https://www.youtube.com/@DCNDailyCryptoNews
Contact & Partnership inquiry👇
——————————————————————
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!
©Copyright 2023 Matthew Aaron Podcasts LLC
Hosted on Acast. See acast.com/privacy for more information.