DeFi
Latest Update as of 27/09/2023: According to Lookonchain, as of the afternoon of September 27, Curve Finance founder Michael Egorov has fully repaid his debt on Aave. In the past two days, Egorov deposited 68 million CRV (worth $35.5 million) into Silo Finance as collateral, subsequently borrowing
DeFi
Introduction Mixin Network, a cross-chain project that recently reported an exploit threatening losses of up to $200 million, has sent an on-chain message to the attacker, proposing a $20 million bug bounty if they return the stolen funds. Key Points * On-Chain Message to Attacker: Mixin Network has sent a message
Big Cap
The U.S. Securities and Exchange Commission (SEC) has decided to postpone ARK Invest's Bitcoin ETF proposal to early 2024. SEC Delays ARK Invest's Bitcoin ETF Proposal to January 2024 In its latest ruling, the U.S. Securities and Exchange Commission (SEC) has extended the decision
Big Cap
Ethereum, the world's leading smart contract platform, has shown exceptional growth outpacing both Meta and Microsoft. Ethereum Achieves $10 Billion in Revenue Ahead of Major Corporations. Photo: Nasdaq As the second-largest blockchain network globally, Ethereum has generated over $10 billion in revenue since its launch in 2015. This
DeFi
Trader Joe, the largest DEX on Avalanche, has recently submitted a funding proposal worth $1.83 million in ARB to Arbitrum DAO. The proposal outlines the allocation of the grant for the following purposes: * Supporting Arbitrum developers * Supporting multi-chain developers compatible with Arbitrum * Attracting new developers to the Arbitrum ecosystem
Big Cap
MicroStrategy, led by billionaire Michael Saylor, has announced its latest Bitcoin purchase, totaling a substantial "9 figures." Specifically, on September 25, MicroStrategy allocated $147.3 million to acquire 5,445 Bitcoins, with an average purchase price of $27,053 per BTC. This acquisition increases MicroStrategy's total
Big Cap
Following scheduled plans, Optimism's OP Mainnet is set to release 24.16 million OP tokens on September 30, equivalent to 3% of its circulating supply, valued at approximately $30 million USD. Out of this total, around $16 million worth of tokens will be allocated to project contributors, with
Big Cap
After a relatively quiet period, Celestia has unexpectedly announced an airdrop of TIA tokens for developers and early contributors. Celestia Announces Airdrop of 60 Million TIA Tokens In an announcement on the evening of September 26, approximately 7,579 developers and 576,653 on-chain wallet addresses are eligible to receive
NFT & GameFi
A third-party provider of OpenSea has experienced a security breach that exposed users' API keys. OpenSea Exposes User Data Image: CryptoSlate The leading NFT marketplace, OpenSea, has issued a warning and is urging users to change their API keys immediately following a security breach from a third party. The
DeFi
CRV Price Pump: Whale Accumulation On 13/09, the price of CRV fell below $0.4, reaching $0.38, a level lower than the OTC price at which founder Michael Egorov sold to maintain his loan positions. This led investors to fear a potential sell-off by the funds that purchased
DeFi
Mixin Hacked, Losses Estimated at $200 Million Update as of the afternoon of 25/09/2023: In a recent AMA, Mixin founder Feng Xiaodong stated: "Regardless of whether your assets are Bitcoin or Ethereum, we guarantee that half of them are not affected by the hack. We are trying
Big Cap
Terra Classic community has voted to halt the minting of USTC, the algorithmic stablecoin that contributed to the collapse of the Terra ecosystem last year. Through a recent vote, the LUNA community decided to cease the issuance and re-issuance of Terra Classic USD (USTC), following the controversial collapse of Do