Argin ChroniclesThe latest cryptocurrency industry news
This year, Tether’s dominance on centralized exchanges (CEXs) has slipped from 82% to 74%, reflecting the growing competition and regulatory challenges it faces. Despite USDT remaining the top stablecoin, its market share decline is a significant indicator of shifting dynamics in the stablecoin market. The introduction of competing stablecoins like FDUSD and the increasing demand […]
Compound Finance, a prominent player in the DeFi space, faced a security breach yesterday when its official website was hacked and replaced with a phishing site. Michael Lewellen, a security consultant for Compound DAO, confirmed the incident and advised users to refrain from interacting with the compromised website. Fortunately, the breach was limited to the […]
$ZKJ is set to launch a new staking campaign, following the success of its previous round which saw a remarkable 144% APR in the first week. $ZKJ will be launching a new staking campaign 🔋Last round we saw a 144% APR in the first week$ZKJ continues to move in an uptrend and forming a triangle […]
I. Addresses 1. Total Unique Addresses by Chain Optimism leads the pack in Q2 2024 with 149.6 million unique addresses. Following behind are Base with 84.7 million and Arbitrum with 33.2 million addresses. 2. Daily New Unique Addresses Created by Chain Base, Optimism, and Arbitrum were the top three chains for the constant creation of […]
SSV Network, a decentralized staking infrastructure, is redefining the resilience and robustness of Ethereum validators through its distributed validator technology (DVT). Achieving a significant milestone, over 1,000,000 ETH is now staked on the SSV network, underscoring its growing influence in the blockchain space. Launched on the mainnet approximately a year ago, SSV Network underwent extensive […]
Pink Drainer, a well-known group in the realm of crypto-draining, recently encountered a setback when it lost 10 ETH, valued at approximately $30,000, to an address poisoning scam. This type of scam involves perpetrators sending small amounts of cryptocurrency from a deceptive address that closely resembles the legitimate one, tricking the victim into sending funds […]
Solana’s Q2 2024 financial report showcases a period of remarkable growth and expansion for the blockchain platform. In this quarter, Solana’s fees and revenue soared, generating over $26 million, a staggering increase of more than 42 times compared to the same period last year. This impressive growth highlights the platform’s rising adoption and the increasing […]
Q2 2024 witnessed some of the most significant crypto hacks and exploits, resulting in over $675 million in losses. A total of 15 major incidents were recorded, highlighting the persistent vulnerabilities within the crypto space. Among the targets were four crypto exchanges, one individual whale investor, and nine projects. The staggering total loss of $710 […]
Lending protocols have experienced a significant boost in active loans, adding approximately $5 billion year to date. Aave, the leading lending protocol by total value locked (TVL), accounts for $4.5 billion of this increase. Unlike the previous all-time high in 2021, new entrants Spark and Morpho have now secured positions in the top three, with […]
In a significant event for the cryptocurrency world, the Artificial Superintelligence Alliance (ASI) has initiated a rare and groundbreaking merger involving three prominent tokens. SingularityNET’s $AGIX and Ocean Protocol’s $OCEAN have joined forces with Fetch.ai’s $FET, marking the beginning of a new era of collaboration and strength in the decentralized finance space. The first phase […]