Metrics that previously signaled retail froth are still at low levels, suggesting that this phase of bitcoin’s rally is driven by institutional investors, IntoTheBlock analysts said.
DeFi’s Next Frontier: The Untapped Potential of On-chain Structured Products
Jordan Tonani from The Index Coop shares how the next bull-run will see more liquidity going into on-chain structured products.
Celestia’s TIA Airdrop Hype Wanes as Blockchain Struggles to Gain Users
Celestia, the modular blockchain that claims it will scale with more users, has struggled to wrangle much of a market share in its first week, with less than 350,000 transactions being registered in four days.
DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March
The total value of all assets locked on decentralized finance (DeFi) protocols has surged to a three-month high of $42 billion after being at its lowest point since February 2021 just two weeks ago.
Reddit’s Fortnite Token BRICK More Than Doubles After Two-Months of Decline
Bricks (BRICK), the native token of Reddit’s Fortnite community, surged by 100% over the past 24-hours following a two-month downswing that saw it lose more than 80% of its value.
Optimism Foundation Sells $157M OP Tokens, Citing ‘Treasury Management’
The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website.
Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee
Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.
DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce
The native token of Synapse, a decentralized finance (DeFi) protocol designed to transfer data to cross-chain bridges, has bounced by more than 17% from a low of $0.30 after a liquidity provider sold its SYN tokens on Monday.
Crypto Casino Stake Targeted in Reported $40M Exploit
The cryptocurrency gambling and sports betting website stake has been targeted by a private key exploit, with on-chain analyst Cyvers reporting that $16 million has been withdrawn on the Ethereum network.
Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on Binance.
Traders Are Paying 2,000% to Buy CYBER as Social Network’s Tokens Soar
The price of the tokens has more than doubled on some exchanges in the past week in an otherwise little-changed market.
Shibarium Crosses 600K Unique Wallets as SHIB Whale Moves $38M
Network activity has started to chug along since an earlier glitch was solved last weekend.
Aerodrome Fanatics Deposit $150M to Base Blockchain on First Day
Its creators hope to emulate the apparent success of Velodrome, one of Optimism network’s most used platforms which holds over $288 million in locked value.
Bitcoin’s Most Loyal Holders Continue Accumulation Despite Price Lull
Long-term holders continue to accumulate bitcoin, with 40% unmoved in more than three years, or an all-time high for that metric.
Robinhood Revealed to be Third-Largest Bitcoin Holder With $3B in BTC
Robinhood transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period
Shiba Inu’s Highly Anticipated Shibarium Bridge is Now ‘Fully Functional’
Withdrawals can take anywhere from 45 minutes to a week, depending on the token, developers said in a Monday update.
Pepecoin Says ‘Bad Actors’ on Team Stole $15M PEPE
Unprecedented transactions out of a multisig wallet spooked Pepecoin watchers last week.
DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters
The decentralized finance (DeFi) market slumped to its lowest point since February 2021 in terms of total value locked (TVL) on Wednesday.
Ether Staking Demand Remains Unfazed as EigenLayer 100k ETH Cap Limit Filled Within Hours
Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid restaking caps to 100,000 staked ether (stETH).
Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning
Ethereum-based DeFi major Balancer learned of a “critical vulnerability” that imperils a slice of the protocol’s user-deposited crypto.