Terra Co-Founder Do Kwon’s Legal Troubles Unlikely to Affect Broader Crypto Markets, Analysts Say
However, some traders see increased volatility for tokens related to Kwon in the coming days.
CoinDesk
Cosmos’ ATOM Gains, Bucks Post-Merge Lull on Outlook for New Uses, Better Security
Cosmos is likely to announce an interchain security feature next week, opening doors for ATOM to capture value from the entire network.
Citi Says Ether Remains Relatively Stable Despite Significance of the Merge
Issuance of ETH tokens is estimated to drop 90% to around 600,000 a year, the bank said.
Crypto Market Maker Wintermute Hacked for $160M, OTC Services Unaffected
Cryptocurrency market maker and liquidity provider Wintermute has lost $160 million in a hack relating to its DeFi business, according to a tweet from the company’s founder and CEO.
Voyager Seeks to ‘Unwind’ Alameda Loan
Alameda owes Voyager approximately $200 million in an outstanding crypto loan, from a line of credit that was worth $377 million before the market downturn.