DeFi
In less than half an hour, the price of mSOL from the liquid staking platform Marinade Finance plummeted by 20%. On the evening of December 12, a large whale swapped over $5 million worth of mSOL into SOL, putting significant pressure on the price of mSOL. The token dropped to
Big Cap
Celestia has been making waves recently, even before announcing its integration with Polygon's layer-2 development toolkit. Celestia (TIA) Hits New High Following Collaboration Announcement with Polygon In a statement on the evening of December 12, Celestia revealed its plan to integrate its data layer with Polygon Labs'
Big Cap
StarkWare, together with the Starknet Foundation, will distribute $3.5 million in network fees to dApp builders and key programmers of Starknet. Starknet (STRK) Allocates $3.5 Million Network Fee to Developers. Image: StarkWare StarkWare, the developer of Starknet's Layer-2 solution, in collaboration with the Foundation, announced the
Big Cap
In his latest blog post, Ethereum co-founder Vitalik Buterin discussed the concept of "Enshrined ZK-EVM." Vitalik Mentions "Enshrined ZK-EVM" Concept in Latest Blog Post The post was shared on Vitalik Buterin's official X account under the title "What Would an Enshrined ZK-EVM Solution
NFT & GameFi
FIFA is releasing NFTs, offering a chance to attend the 2026 World Cup final for free to owners of the first 100 FIFA NFTs. FIFA is set to launch a limited digital collection this weekend. In its initial phase, they will introduce 100 different NFTs, with the rarest ones granting
DeFi
Uniswap v3 has launched on Rootstock, one of the many sidechains being developed for the Bitcoin network. Image: Uniswap According to CoinDesk, the decentralized exchange (DEX) Uniswap has expanded to Bitcoin by launching on Rootstock, a sidechain anchored to the world’s largest blockchain network. This initiative is driven by
![[Update] Synthetix Passes Proposal to End SNX Inflation](/content/images/size/w600/2024/07/20231211032814-0c96fe3a-4d6f-4c8a-9d23-388fb97a625a-80-1.jpg)
DeFi
The Spartan Council of Synthetix has voted to approve a new proposal aimed at ending the inflation of SNX tokens. The proposal has been officially passed by the community. Update on December 12, 2023: With 100% approval, governance proposal SIP-2043 has been officially passed by the Synthetix community. "$SNX
Big Cap
In its November report, Lido Finance announced that its Total Value Locked (TVL) had surpassed $20 billion for the first time since April 2022, setting several new records. However, the substantial figure has raised suspicions within the community about potential inflationary practices. TVL Lido Finance Hits $20 Billion for the
DeFi
The DeFi community shared suspicions on the evening of December 10th about a possible attack on Venus Protocol, a leading lending protocol on the BNB Chain. Technical auditing firm SlowMist raised concerns about a potential exploit on their X account. It seems @VenusProtocol has been exploited. Please proceed with caution!
Big Cap
In an effort to enhance security and prevent the misuse of USDT within the financial system, Tether has frozen 161 stablecoin wallets associated with individuals on the United States Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctions list. Tether freezes 161 wallets sanctioned by OFAC.
Big Cap
The crypto market experienced significant volatility on the morning of December 11, resulting in a sharp increase in liquidated derivative positions. Volatility among leading cryptocurrencies at 09:50 AM on 11/12/2023. Image: Coin360 Around 09:10 AM on December 11, Bitcoin unexpectedly saw a major drop, plummeting from
Big Cap
The supply of Ethereum (ETH) has returned to its trajectory post The Merge, following two months of "reverse issuance". Ethereum (ETH) Supply Continues to Decline to New Lows Since The Merge. Image: CoinDesk According to data from Ultrasound.money, the supply of Ethereum (ETH) as of the morning
