02:13 May 23, 2022 Crypto Startup Stader Labs Loses 40% Due to Terra Incident
Crypto startup Stader Labs lost 40% of its money due to the Terra incident. Value locked on DeFi protocol Stader plunged after Terra crash. Co-founder Amitej Gajjala said its revenue took a 40% hit.
Source Get the most concise crypto news, research, and insights by subscribing to our free newsletter.
Related News
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Avalanche buys back $53M of AVAX tokens from Terra’s LFG Radiant Capital hacker moves $52M in stolen funds Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Cardano shifts to decentralized governance as Chang hard fork goes live 1 Minute Ago Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
1 Day Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
1 Day Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
2 Days Ago Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
2 Days Ago Singapore bans Polymarket amid national crackdown on online gambling sites
