BTC and ETH prices continue to slide down. (Karsten Winegeart/Unsplash)

Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides

Crypto prices dived amid continued market contagion triggered by the FTX collapse earlier this month. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Nov 28, 2022
CDCROP: Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept (Getty Images)

DeFi Giant MakerDAO Voting on Hiking DAI Stablecoin Rewards

Increasing the DAI savings rate would make Maker’s stablecoin more competitive among rivals and help mitigate capital outflow from crypto to traditional financial markets, MakerDAO contributors said.

Nov 28, 2022
Data chart shows wrapped bitcoin trades at a discount following the FTX's collape. (Kaiko)

Wrapped Bitcoin Trades at Discount Amid Market Contagion

WBTC’s discount dropped as low as -1.5% as questions swirled over whether WBTC is fully backed. Custodian BitGo later clarified that it is.

Nov 28, 2022


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