Big Cap
On the evening of May 1st, 2024, Tether (USDT), the stablecoin issuer, released its financial report for Q1/2024 audited by BDO, a leading global independent audit firm. Specifically, within the first three months of 2024, Tether recorded a net profit of $4.52 billion — a record-breaking figure in the
![[Update] Pike Finance Hacked Twice in Just 5 Days](/content/images/size/w600/2024/07/20240427063704-b9fa3b7d-e392-476c-86de-a3e27c02991b-46.jpg)
DeFi
Pike Finance, a cross-chain lending protocol, has suffered two major hacks within just five days, resulting in millions of USD in losses. Update Morning of 01/05: On the morning of 01/05, the DeFi community on Twitter noticed unusual transactions involving the liquidity pools on Ethereum, Arbitrum, and Optimism
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The price of the meme coin dogwifhat (WIF) surged by 1,450% on Bybit shortly after its listing on the trading platform. dogwifhat (WIF) Skyrockets to $41.8 on Bybit Immediately After Listing dogwifhat (WIF) started trading on Bybit at 05:00 PM on April 29, 2024 (Vietnam time). Just
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A series of controversies surround EigenLayer's contentious announcement of the EIGEN airdrop, sparking debate among project enthusiasts who are fewer in number compared to those facing numerous "incidents." 81 "Incidents" of Begging for EigenLayer's Airdrop Token EIGEN. Photo: Unchained Crypto >43
DeFi
EigenLayer, a leading restaking protocol, has announced the launch of its token, EIGEN, in May, along with an airdrop mechanism for users staking on the platform. EIGEN Token Details EigenLayer will have an initial total supply of 1.67 billion tokens. The Eigen Foundation will oversee the deployment of this
DeFi
The distribution share of Geth, the dominant execution client on the Ethereum network, has fallen below a critical threshold. Ethereum Client Diversity Falls Below Danger Threshold According to the latest data from Client Diversity, Geth's share of the Ethereum network has dropped to 63% and has remained at
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Optimism has addressed security vulnerabilities on its testnet just weeks after a warning from its direct competitor, Arbitrum. Optimism Fixes Bugs on Testnet Following Alert from Arbitrum Layer 2 Optimism (OP Mainnet) recently patched two vulnerabilities on its testnet after receiving information about discrepancies in the system's fraud-proofing
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The incentive program includes participation from games collaborating or building on Immutable such as Illuvium, Guild of Guardians, Space Nation, MetalCore… Immutable Launches "The Main Quest" with $50 Million Reward Pool. Image: Coindar After much anticipation, Immutable officially launched its incentive program named "The Main Quest"
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Several Bitcoin ETFs closed trading sessions with zero inflows on April 25. Fidelity's Bitcoin ETF Records First Outflow, Others Remain Inflow-Free. Image: FXStreet Nearly $23 million exited Fidelity's Wise Origin Bitcoin Fund (FBTC) yesterday (April 25). This marks the first instance of outflows for the financial
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The price of HBAR saw a significant surge following news of collaboration with BlackRock, only to reverse course after the corporate giant clarified its stance on the relationship. BlackRock Denies Relationship with Hedera Hashgraph, HBAR Price Rollercoaster. Image: Finance Bull On the evening of April 23, the HBAR Foundation announced
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For the first time since SEC approval, BlackRock's Bitcoin spot ETF recorded zero inflows on April 24, 2024, breaking its streak of 71 consecutive days of inflows. BlackRock's Bitcoin ETF Ends 71-Day Inflow Streak At the close of trading on April 24, the crypto community witnessed
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On April 23, 2024, Runes accounted for 81% of the total 926,642 transactions on the Bitcoin network, surpassing previous trends like Ordinals and BRC-20. Runes Dominates Bitcoin Network Transactions, Completely Outpaces BRC-20 and Ordinals. Image: CCN Runes transactions on April 23 constituted 81% of the total transactions on the