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DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens

Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default.

Posiciones cortas de ether registraron liquidaciones de $200 millones. (deepblue4you/Getty images)

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Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines

Orthogonal Trading received a default notice, while crypto leader Nexo decided to depart from the U.S. after regulatory discussions hit a “dead end.”

(DALL-E/CoinDesk)

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Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them

The price of LINK is up 28% in the past two weeks.

(Markus Winkler/Unsplash, modified by CoinDesk)

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Crypto Market Analysis: Consumer Savings Rate Suggests Continued Calm in Bitcoin Prices

Inflation is outpacing wage growth. As a result, retail investors remain skittish about riskier assets.

Ether registró una caída tras los datos de inflación en EE. UU. (Getty Images)

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FTX Contagion Spreads as Orthogonal Trading Gets Default Notice for $36M Debt on Maple Finance

Creditor M11 Credit issued a default notice to Orthogonal Trading for $36 million of loans, while Maple Finance severed all ties with Orthogonal for misrepresenting its financial position.

Crypto hedge fund Orthogonal Trading appears to be the next firm becoming insolvent after crypto exchange FTX's implosion. (Tom Wilson/Unsplash)

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First Mover Americas: Axie Infinity's Token Takes Off

The latest price moves in crypto markets in context for Dec. 5, 2022.

AXS price chart (CoinDesk)

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Bitcoin Lags as Unwinding of 'Fed Trade' Lifts US Stocks Above 200-Day Average

Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets.

Bitcoin continúa cayendo mientras otros activos de riesgo suben. (Getty Images)

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Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition

The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection.

Galaxy Digital won an auction to buy self-custody platform GK8. (Jeremy Thomas/Unsplash)

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Bitcoin Slips as US Economy Added a Strong 263K Jobs in November

The unemployment rate was unchanged at 3.7%.

Traders de bitcoin permanecen atentos a los informes de empleo de noviembre. (Mario Tama/Getty Images)

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First Mover Americas: Bitcoin Stays Near $17K Ahead of Jobs Report

The latest price moves in crypto markets in context for Dec. 2, 2022.

The U.S. jobs report is due to be released early Friday. (Getty Images)

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