DeFi
On February 21st, 2024, John Morrow, co-founder of Gauntlet, announced the termination of their risk management collaboration with Aave. Gauntlet, specializing in DeFi risk management, has provided oversight of platform risk levels, offered frequent updates to the Aave community, and set borrowing and lending parameters since 2020. Aave DAO, known
DeFi
On the evening of February 22nd, a16z crypto, a prominent investment fund in the cryptocurrency industry, announced a $100 million investment in EigenLayer, currently the largest restaking project in the crypto market. EigenLayer revealed that their decision to partner with a16z stemmed from shared interests in research and contributions to
Big Cap
Polygon recently transferred 273 million MATIC tokens from its Vesting contract to the Matic Foundation, marking the final unlock of MATIC and bringing the entire token supply into circulation. According to Etherscan data, on the evening of February 21, the Polygon Vesting address transferred 273 million MATIC (equivalent to 253
Big Cap
Bitcoin has led the cryptocurrency market growth in the first two months of 2024. The "hot" market has also sparked the appearance of analysts making predictions about future prices. Appearing on CNBC's Squawk Box on February 21, 2024, Tom Lee, founder of Fundstrat Global Advisors and
Big Cap
Optimism, the organization behind the Ethereum Layer-2 OP Mainnet, has announced its fourth airdrop, primarily targeting wallets that have interacted with NFTs. Optimism (OP) Announces Fourth Airdrop, Valued at Nearly $41 Million Early on February 21, Optimism initiated its fourth airdrop, distributing over 10.3 million OP tokens (equivalent to
Big Cap
Circle has decided to cease support for USDC on the TRON blockchain, citing enterprise-wide risk assessments. Circle Halts USDC Support on TRON Blockchain. Image: BNN Breaking Circle is discontinuing USDC support on the TRON blockchain and immediately halting new USDC minting services on this network. The organization stated, "We
NFT & GameFi
The e-commerce giant eBay is said to be reassessing its NFT business strategy, leading to the dismissal of more than 30% of its personnel involved in this area. eBay dismisses over 30% of NFT department According to sources from NFTgators, eBay has laid off over 30% of its Web3 division
Big Cap
A wave of AI tokens has shown significant growth following the launch of OpenAI's latest artificial intelligence tool, Sora. Token AI Sector Surges Following OpenAI's New Tool, Sora. Image As reported by Coin68, OpenAI, the creator of ChatGPT, recently unveiled its newest AI product named Sora.
Big Cap
On February 19, Ethereum (ETH) nearly reached the $3,000 mark amid community anticipation ahead of the Dencun upgrade. Ethereum (ETH) Approaches $3,000 Ahead of Dencun As of February 19, ETH peaked at $2,984. Currently, it is hovering around $2,915, with a market capitalization of $350 billion.
Big Cap
Starknet recently announced a significant airdrop of 700 million STRK tokens to early contributors and users, sparking mixed reactions within the community. Starknet, set to launch its airdrop portal at 7:00 PM today on February 20, 2024 (Vietnam time), just before listing on major exchanges including Binance, has seen
DeFi
Following the recent strategic funding round where Ethena Labs raised $14 million from major institutions on February 19, the project has now announced the launch of its community mainnet and the Shard reward program. Ethena Labs Successfully Raises Funds and Launches Mainnet Ethena Labs, the developer behind the USDe stablecoin
Big Cap
Open interest (OI) for Bitcoin futures contracts on centralized exchanges has surged to $22.82 billion USD, approaching all-time highs last seen in November 2021, amid recent bullish movements in BTC prices. Open Interest in Bitcoin Futures Reaches Highest Level Since November 2021 Open Interest (OI) serves as a measure
