Symbiotic, a newly launched Ethereum restaking platform, has quickly gained traction in the crypto community. Supported by Paradigm and the founders of Lido, Symbiotic aims to enhance security through liquidity for services built on its protocol. This new platform facilitates coordination between users and services, providing a robust framework for restaking. Symbiotic just launched – here’s […]
Author: Will Izuchukwu
The cryptocurrency $SPIKE has experienced a dramatic 95% price drop due to significant insider selling. Insiders initially acquired large amounts of $SPIKE through multiple wallets before offloading 292.95 million $SPIKE tokens, representing 29.3% of the total supply, for 7,056 $SOL (approximately $1.06 million) in a short span of time. Insiders are dumping $SPIKE crazily and […]
On May 31, 2024, DMM Bitcoin experienced a massive security breach, resulting in the unauthorized transfer of 4,502.9 BTC, valued at over $300 million. The stolen funds were initially moved to the address 1B6rJRfjTXwEy36SCs5zofGMmdv2kdZw7P and have since been dispersed across 10 different addresses. Beosin Trace, a blockchain security firm, is actively monitoring the movement of […]
On Thursday, large Ethereum holders recorded a net inflow of 267,000 ETH, marking the highest daily accumulation since March. This surge in accumulation underscores the growing confidence in Ethereum’s evolving ecosystem. On Thursday, large ETH holders recorded a net inflow of 267k $ETH, marking the highest daily accumulation since March. pic.twitter.com/uBBhRpCxRz — IntoTheBlock (@intotheblock) June […]
The recent launch of Egypt Cat ($SPHYNX) has been marred by accusations of unfair practices. An insider reportedly manipulated the market by using 10 newly created wallets to purchase 496.2 million $SPHYNX, which accounts for 49.62% of the total supply. These 10 wallets were set up just one hour before the token’s launch and funded […]
The June 8th livestream by @TheRoaringKitty has set off a dramatic rally in the stocks $GME, $KITTY, and $AMC. Leading the pack, $GME skyrocketed over 70% today, reaching an all-time high of $0.032. This surge was accompanied by a 531% increase in its 24-hour trading volume. A notable transaction occurred just hours ago, where a […]
As Bitcoin’s price soars to a peak of $71.7K, altcoins are experiencing significant gains driven by profit redistribution. In the past week, altcoins in the social sector have seen an average rise of 11.4%, those on the BSC and Binance Chain have risen by 6.9%, and the gaming sector has increased by 6.5%. 📊 Choosing […]
Trondao, the thriving blockchain ecosystem, experienced notable growth and stability in May 2024 across various key metrics. Let’s delve into the highlights. Trondao’s income statement reflected promising growth, with revenue and fees climbing by 9.2% compared to the previous month. Impressively, earnings surpassed the $20.35 million mark, indicating a robust financial trajectory. . @trondao Monthly […]
May 2024 marked the launch of a new Layer 2 solution, Taiko, with an airdrop event scheduled for early June. This report evaluates the performance of other Layer 2 platforms across various ecosystem metrics. Total Addresses by Chain – Optimism continues to lead with 144 million total addresses. – Base follows with 75.3 million addresses. […]
Velocore, a decentralized finance (DeFi) platform, recently experienced a significant security breach resulting in the loss of over $6.8 million. The attacker exploited a vulnerability within the LP Pool contract, ultimately transferring the stolen funds to Ethereum and then laundering them through Tornado.Cash. The attacker, identified by the address 0x8CDc37eD79C5EF116b9Dc2A53Cb86ACaca3716bF, used a sophisticated method to […]