The source of the current market volatility and liquidity issues with companies such as Celsius and Three Arrows Capital could be directly linked to staked Ethereum (ETH) on Lido, according to a June 29 report by analysis firm Nansen on the impact of the stETH/ETH depeg on the crypto industry. The post Nansen report reveals Terra caused the stETH depeg and crippled Celsius, 3AC appeared first on CryptoSlate.

Mark Lamb, CEO of CoinFLEX, tweeted June 28 that Roger Ver owes the exchange $28 million USDC and has been issued a notice of default. The post CoinFLEX CEO claims investor Roger Ver personally owes the exchange $47M USDC appeared first on CryptoSlate.

Compass Mining is a Bitcoin (BTC) hosting company offering managed mining services to Bitcoin miners. The post Bitcoin mining company Compass Mining loses facility for not paying electricity bill appeared first on CryptoSlate.

Tether CTO Paolo Ardoino has responded to a June 27 report by The Wall Street Journal that hedge funds have short bets on Tether’s stablecoin USDT via crypto brokerage Genesis Global Trading. The post Tether responds to the increase in hedge funds shorting USDT appeared first on CryptoSlate.

Yuga Labs, the company behind Bored Ape Yacht Club, has issued a legal complaint against Ryder Ripps, the creator of gordongoner.net. The post Yuga Labs sues BAYC critic Ryder Ripps over claims of Nazi origins – RR responds appeared first on CryptoSlate.