Argin Chronicles
A significant $GRT address, which opened a position around eight months ago, appears to have recently liquidated 22.22 million GRT tokens, potentially incurring a loss of $6.52 million. The assets held by this address have reportedly diminished by 68% over this period. The story began on March 11, 2024, when this address withdrew 22.22 million […]
Yesterday, Solana meme token $BAN rebounded by 60%, with its market capitalization briefly returning to $40 million. This surge coincided with the conclusion of a significant sell-off by a suspected “conspiracy group” or “rat warehouse” address, identified as 2giqG…MLGZT. This main address, which once controlled 9.2% of all $BAN tokens, turned a $903 investment into […]
In a striking series of moves, a prominent whale, who recently accumulated 206,111 $SOL (worth around $36 million) in just nine days, made headlines by creating a new token called $RIPETH. This token, possibly intended as a playful jab at Ethereum ($ETH), initially skyrocketed to a market cap of $12 million but swiftly plummeted to […]
Solana’s ecosystem has welcomed sUSD, the first real-world asset (RWA)-backed synthetic stablecoin on the network, which saw over $10 million in USDC deposits in its first hour, with nearly 5,900 individual deposits. 1/ today, we unveil the Solayer USD (#sUSD) protocol the first RWA-backed synthetic stablecoin anyone with $5 can access tokenized real world assets, […]
Wintermute has stepped up its market-making activities recently, especially in the memecoin space, with aggressive moves that could signal its ambition to dethrone DWF Labs as the “No. 1 Meme Market Maker.” Wintermute’s involvement with memecoins like $GOAT highlights the ongoing professionalization within the meme token industry. With top market makers now playing a central […]
BTCFi has seen remarkable growth on Pendle Finance since its first pool launched just over a month ago. With a total value locked (TVL) now surpassing $580 million, Pendle has quickly expanded to offer nine pools across Ethereum and the BNB Chain, catering to a variety of BTC-backed assets. Two standout assets have captured significant […]
The Solana NFT space is booming, with several collections capturing attention and impressive market valuations. Here’s a rundown of the top 5 Solana NFTs by market cap, showcasing their unique offerings and community-driven perks. 1. Mad Lads by Backpack Mad Lads, a 10,000-piece xNFT collection featuring illustrated humans, has taken the top spot in Solana […]
In the past year, the top ten ecosystems in cryptocurrency have all increased their development rates, signaling a promising future for the sector. The notable rise in GitHub events across these ecosystems reflects strong ongoing innovation: 1. Optimism: +45.6% Increase 2. Avalanche: +20.3% Increase 3. Arbitrum: +16.6% Increase 4. Solana: +14.1% Increase 5. Harmony: +10.1% […]
In a concerning security breach, a wallet associated with the U.S. government was reportedly hacked, resulting in the theft of approximately $20.7 million worth of digital assets. The attack, which occurred about nine hours ago, targeted multiple stablecoins and Ethereum, leading to substantial financial losses. The stolen funds include: 13.7 million aUSDC 5.44 million USDC […]
The Ethena protocol has seen significant changes in recent months, with both growth and challenges shaping its performance. Analyzing the latest on-chain data reveals key trends in liquidity, user trust, and market dynamics, providing critical insights for investors. 1. TVL Decline: A Warning or an Opportunity? Ethena’s Total Value Locked (TVL) has dropped from $3.6 […]