• arrow_back Home
  • keyboard_arrow_rightAuthor archive 2024

Will Izuchukwu

Results 181-191 of 353 remove Page 19 of 36

Category filter keyboard_arrow_down
trending_flat

News

$ZRO Launches With $934M Market Cap And $3.7B FDV Amid Airdrop Frenzy, Driving Up Arbitrum Gas Prices

The recent launch of $ZRO has generated significant buzz in the crypto community, debuting with a $934 million market cap and a $3.7 billion fully diluted valuation (FDV). https://twitter.com/lookonchain/status/1803836484312797665?t=MNe50ka78M-uXiMFDe8CuQ&s=19 This excitement was further amplified by a notable transaction involving the Merkly deployer, who donated 2.83 ETH (approximately $9,976) to claim an airdrop of 102,068 $ZRO tokens. The deployer then sold all the airdropped $ZRO for 106.69 ETH, valued at around $381,000. https://twitter.com/defi_mochi/status/1803805759240917235?t=4j0qVWNmEkJe2JfxdROoaw&s=19 The airdrop frenzy has had a profound impact on the Arbitrum One network. Gas prices have soared above 25 gwei due to the high demand for claiming the LayerZero airdrop, marking an astonishing 257,000% increase in just 24 hours. ARB Transaction Spikes Due To Airdrop Rush  As a result, transaction costs have skyrocketed. A simple swap on Uniswap V3 now costs over $15, and the $ZRO claim fee […]

Will Izuchukwu June 21, 2024

trending_flat

News

LISTA Stablecoin Surges 18% On Launch; DWF Labs and Whales Reap Significant Gains

LISTA (LISTA), a decentralized stablecoin system with liquid staking, experienced an 18% price increase upon its launch on major exchanges, including Binance. This listing marks a significant milestone for LISTA. DWF Labs (@DWFLabs) is reportedly the market maker for @lista_dao. In the two days preceding the listing, DWF Labs received 10 million LISTA tokens from the project and transferred them to various centralized exchanges: 2.5 million LISTA to Bitget, 2 million to Binance, 1.5 million to MEXC, 850,000 to Gateio, and 850,000 to KuCoin. https://twitter.com/spotonchain/status/1803732325072777288?t=53l0pqLDnU2ogePmoOVuAw&s=19 A few hours ago, DWF Labs also received 32,339 pledged airdrops. At the Whales Market OTC price of $0.5482, this results in a profit of $17,728. Additionally, DWF Labs pledged 8,011 BNB to LISTA a month ago at an average price of $601 per BNB on May 25, resulting in a maximum floating profit of […]

Will Izuchukwu June 21, 2024

trending_flat

News

Kraken Exchange Exploited For $3 Million By Alleged ‘Security Researchers’

Kraken, a prominent cryptocurrency exchange, recently revealed it was exploited for approximately $3 million. The Chief Security Officer at Kraken disclosed the breach, which occurred on June 9th, when the Kraken team received an alert from its Bug Bounty program regarding an "extremely critical" issue. The reported bug allowed attackers to artificially inflate their balances on the platform. Although Kraken's team managed to fix the bug in under an hour, a thorough investigation uncovered that three different accounts had exploited this vulnerability, collectively stealing $3 million from Kraken's treasury. Interestingly, one of the accounts involved was linked to an individual who had completed the Know Your Customer (KYC) process and claimed to be a security researcher. Kraken demanded that this 'researcher' share transaction details for their account to receive the bug bounty reward. However, the situation took an unexpected turn. […]

Will Izuchukwu June 20, 2024

trending_flat

News

Bearish Crypto Market Hits Pepe Coin Hard As Whales Trigger Massive Selloff

June 18th has been a tough day for the cryptocurrency market, with Pepe Coin ($PEPE) causing significant investor concerns. The frog-themed meme coin has shown clear signs of a downturn, which has led to negative market sentiment, further exacerbated by a massive selloff by whales. On-chain reports reveal troubling activity among major $PEPE holders. One prominent whale, who added $2.45 million in $PEPE on June 17, recharged 294.8 billion $PEPE (approximately $3.07 million) to Binance just 15 minutes ago at a transfer price of $0.0000104. With an average holding price of $0.00001304, selling this portion would result in a loss of $778,000. The remaining 100 billion $PEPE still carry a floating loss of $270,000. This sharp drop, which saw $PEPE decline by 12% today, is testing investors' resolve. https://x.com/ai_9684xtpa/status/1803045850316406788?t=XpLfKlHLlIDvxbl4Aeahwg&s=19 Multiple Whales Sells Off Pepe Token Another significant whale, known as […]

Will Izuchukwu June 19, 2024

trending_flat

News

Ethereum Name Service ($ENS) Tops Gainers List with 16% Price Surge

Ethereum Name Service ($ENS) has emerged as the top gainer this past week, according to CoinMarketCap, boasting an impressive 16% increase in price. This surge has outpaced other notable gainers such as $UNI, $TON, and $LDO. The primary driver behind this price rally is a significant uptick in Ethereum Name Service NFT sales. Over the past week, ENS NFTs have recorded a trading volume exceeding $5 million, propelling $ENS to become the third most sold NFT collection on the Ethereum network. Half Of $ENS Holders Are Currently In Profit Despite General Market Conditions  Data from @IntoTheBlock reveals that 50% of $ENS holders are currently in profit, highlighting the token's strong performance. Furthermore, large holders, or whales, play a significant role in the $ENS ecosystem, with addresses holding more than 1% of the circulating supply constituting 87% of all holders. Additionally, […]

Will Izuchukwu June 17, 2024

trending_flat

News

Stacks Protocols See Surge In Unique Wallets and Liquid Stacking Amid Block Generation Issues

The Stacks ecosystem is experiencing a surge in cumulative unique wallets across all protocols, with StackingDao leading the charge at 35,011 unique wallets. This growth highlights the increasing adoption and activity within the Stacks network. https://twitter.com/godfred_xcuz/status/1801374076713250942?t=1id0TMsc2oFxBGyBZYJssw&s=19 In the first half of 2024, Liquid Stacking on Stacks has flourished, with liquid stacked $STX now totaling 58 million $STX, equivalent to $122 million. A significant portion of this growth can be attributed to StackingDao, which alone accounts for 53.3 million $stSTX. This robust performance underscores the appeal of Stacks' liquid stacking options and the confidence users have in the protocol. https://twitter.com/Stacksybtc/status/1801567243811111386?s=19 Slight Interruption Experienced Amidst Surge In Unique Wallets  However, the network faced a notable challenge today with a block generation interruption. The Bitcoin L2 network Stacks paused block generation for more than nine hours between blocks 153917 and 153918. Although block […]

Will Izuchukwu June 15, 2024

trending_flat

News

$ONDO Token Declines 5% Amid Whale Movements Post-Upbit Listing

The value of the real-world asset token, $ONDO, declined by 5% today, continuing its bearish trend over the past week. According to on-chain reports, two significant whale transactions contributed to this decline, as large holders moved their ONDO tokens to Bybit for profit-taking following the token's listing on Upbit. After Upbit listed ONDO, causing a brief price rebound, two whales deposited a combined 2.95 million ONDO tokens, valued at $3.86 million, to Bybit: 1. Whale 0xa87: This whale deposited 1.0 million ONDO ($1.31 million) to Bybit. Currently, the whale still holds another 1.0 million ONDO, with an estimated total profit of $808,000 (+45%). On May 22, 2024, the whale withdrew 2.0 million ONDO from Bybit at $0.904 per token (estimated cost: $1.81 million). After Upbit listed the token, the whale deposited 1.0 million ONDO back to Bybit at $1.31 per […]

Will Izuchukwu June 15, 2024

trending_flat

News

Symbiotic Emerges As A Leading Ethereum Restaking Platform With Strong Backing and Unique Features

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. https://twitter.com/intotheblock/status/1800902003062616420?t=qJp4ijqHKr8U9PgKb45xEg&s=19 Symbiotic vs. Eigenlayer Earlier this year, Eigenlayer made headlines with its total value locked (TVL) soaring to over $12 billion in just a few months, now standing at $18.5 billion. While Eigenlayer has set a high bar, Symbiotic introduces several unique features that set it apart. Unique Features 1. ERC-20 Collateral: Currently limited to Liquid Staking Tokens (LSTs), Symbiotic plans to allow any ERC-20 token as collateral. This flexibility offers users more options compared to Eigenlayer. 2. Vaults: Symbiotic's vaults manage the delegation of assets to services, functioning as […]

Will Izuchukwu June 13, 2024

trending_flat

News

$SPIKE Faces Massive Sell-Off, Drops 95% Amid Insider Activity and Security Breach

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. https://twitter.com/lookonchain/status/1800708085675327531?t=KUuj1pBk1ddGhA5n5LrpEg&s=19 Compounding the issue, a recent report from the team’s official handle on X confirmed a major security breach. One of the core team members was hacked, resulting in the draining of nearly all of the team's supply. The statement assured that the drained supply has finally been sold on the market and that the team's wallets are no longer compromised by the hacker. https://twitter.com/originalspike/status/1800774273147207941?t=PaUCzGD0cGGGKaYyoJI0dg&s=19 Despite the severe decline in $SPIKE's value, there is a glimmer of hope. The Mexc trading platform announced the conclusion of the @originalspike Kickstarter and confirmed […]

Will Izuchukwu June 12, 2024

trending_flat

News

DMM Bitcoin Suffers $300M Bitcoin Theft, Hacker Continues Moving Funds

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 these funds. On June 11, the hacker resumed activity, transferring the stolen Bitcoin through a series of transactions: 1. 2.82 BTC were transferred from address bc1q7...x27xd to bc1q6...zg2ak. 2. From there, 2.65 BTC were moved to bc1q6...3wwvs, and subsequently to bc1qz...52n5f. 3. Finally, 1.949 BTC were sent from bc1qz...52n5f to bc1qx...luw2n, and 0.7 BTC to bc1pg...rkezu. https://twitter.com/BeosinAlert/status/1800429780300640287?t=z_TrNxyqcN2rYs7C5iu7Lw&s=19 This ongoing movement of funds indicates the hacker's attempt to obfuscate the trail and potentially launder the stolen assets. The complex transactions and rapid transfers suggest a sophisticated […]

Will Izuchukwu June 11, 2024

Login to enjoy full advantages

Please login or subscribe to continue.

✖

Go Premium!

Enjoy the full advantage of the premium access.

✖

Stop following

Unfollow Cancel

✖

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation

✖