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Bitcoin is surging strongly following news that Grayscale has achieved a legal victory against the SEC regarding the proposal to convert GBTC to a Bitcoin ETF. Grayscale Successfully Appeals SEC Bitcoin ETF Proposal, BTC Approaches $27,000 SEC Ordered to Reconsider Grayscale's Bitcoin ETF Proposal According to a
DeFi
Velodrome Officially Launches Aerodrome DEX on Layer-2 Base Velodrome, a Leading AMM-DEX on OP Mainnet, Expands to Base Introduction to Aerodrome Velodrome Finance (VELO), the largest AMM-DEX on OP Mainnet in terms of total value locked (TVL) and revenue, has officially launched a new decentralized exchange (DEX) named Aerodrome on
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The latest financial report reveals that the adult content platform OnlyFans invested nearly $20 million USD in Ethereum (ETH) in 2022, despite current losses. OnlyFans Holds Significant Ethereum (ETH) Holdings OnlyFans Invests in Ethereum (ETH) Alongside MicroStrategy, SpaceX, and Tesla, Fenix International - the parent company of the adult social
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The wallet address associated with the 1inch team has just swapped approximately $10.7 million in stablecoins to purchase over 6,000 ETH. Previously, this wallet famously sold ETH at its peak, recording substantial profits. Discovery: 1inch Project Team Revealed as ETH Trading "Experts". Image Source: Cointelegraph On
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On August 28, 2023, the world's largest cryptocurrency exchange by trading volume, Binance, introduced MirrorX, a new cryptocurrency custody solution aimed at providing a more secure storage option for digital assets, specifically tailored for Binance VIP clients and businesses. Binance Offers VIP Clients Asset Custody on Third-Party Platform
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A newly created wallet address has quietly amassed Bitcoin worth $3 billion over the past few months, making it the third largest whale wallet in the world after Binance and Bitfinex. So, who is the owner of this wallet? Who Owns the World's Third Largest Bitcoin Wallet? Over
DeFi
Just days after discovering vulnerabilities in several pools on its platform, the DeFi protocol Balancer has become the latest target of hackers. Exploit Overview: * Initial Losses: On the evening of 27/08, Balancer confirmed a significant exploit, resulting in nearly $900,000 in damages. Blockchain security expert Meier Dolev traced
DeFi
Aave, a leading lending platform, has officially included sDAI in its collateral asset list. Users can now deposit sDAI into Aave and borrow WETH at a corresponding rate. Update Details: sDAI now on Aave, wETH borrow rates due to the new optimized interest curve is now the cheapest of any
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Bitcoin's mining difficulty has reached a new all-time high (ATH) following its latest adjustment, hitting a milestone of 55.62 trillion hashes. Bitcoin Mining Difficulty Reaches New ATH. Image: Bloomberg According to data from various analytics sources, Bitcoin's network underwent its latest algorithm mining difficulty adjustment
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Leading the field in liquid staking, Lido Finance (LDO) has completed its final scheduled token unlock, bringing circulating tokens to 99.97% of the total supply. Lido (LDO) Unlocks 99.97% of Total Supply. Source: Lido Twitter According to data from Token Unlocks, Ethereum's top liquid staking protocol,
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PEPE project has officially addressed concerns over a recent series of token transfers to CEX exchanges, which left the community bewildered. PEPE Acknowledges Multi-Sig Wallet Transfers Tokens to Exchange Due to "Internal Discord" As reported by Coin68 early on August 25, the community was in turmoil following a
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September 2023 will see 16 projects unlocking tokens, totaling over $175.8 million, a significant decrease from the previous month. Notable Token Unlock Events in September 2023 According to Token Unlocks statistics, the cryptocurrency sector in the upcoming September will witness over $175 million worth of tokens being released into
