Argin ChroniclesThe latest cryptocurrency industry news
TRON ($TRX) has seen a remarkable surge in long-term holders, with nearly 90 million addresses now holding the asset, marking a 237% increase over the past year. This significant growth reflects a rising confidence in TRON’s future, as more investors opt to hold $TRX for the long haul, signaling strong faith in the blockchain’s potential […]
In 2024, fiat-backed stablecoins saw a notable increase of 35.4%, pushing their total market cap to $161.2 billion. Despite this growth, the figure remains below the all-time high of $181.7 billion reached in 2021. Tether (USDT) continues to dominate the stablecoin space, holding a 70.3% market share. In contrast, USDC has been on a downward […]
The Aave DAO has just launched a dedicated @ether_fi market on its platform, allowing users to borrow stablecoins such as $USDC, $pyUSD, and $FRAX against their @ether_fi weETH liquid staking tokens. This move introduces new opportunities for DeFi strategies, particularly through liquid restaking tokens like weETH, which enable advanced maneuvers like leveraged ETH staking. This […]
In a surprising on-chain message last night, the notorious Euler Finance exploiter sent a congratulatory note to the Penpiexyz hacker. The message read: “Good job, bro. Haven’t seen a hack like this in a while. Glad you kept all the money and didn’t let them get a dollar back. You won, they lost.” 🚨UPDATE🚨Last night, […]
In a significant recent development, Alex Svanevik, CEO of Nansen.ai, has transferred the remaining $2.89 million worth of $LDO to Coinbase. This move, made just 20 minutes ago, follows his earlier receipt of 5 million $LDO, valued at approximately $4.91 million, on December 17, 2020. Svanevik, a prominent initial member of the Lido DAO, has […]
Celestia is approaching the price point of its $100 million OTC deal at $3.50, signaling increasing investor interest. Recently, the team announced plans to increase its block size to 1 gigabyte, aiming to enhance data transfer efficiency. Celestia nearing the price they did a $100 million OTC deal at ($3.50) which people thought was free […]
GSR Markets has recently been involved in a significant transaction, receiving 10 million EDU tokens—valued at approximately $5.33 million—from Open Campus’s multi-signature wallet just four hours ago. This transfer is part of a larger pattern, as the multi-signature wallet has sent a total of 28 million EDU tokens (worth about $22.33 million) to GSR over […]
According to a recent study by CoinGecko, Magic Eden has emerged as the leading NFT marketplace in 2024, commanding a 36.7% market share with $122.47 million in trading volume in August. This marks the sixth consecutive month that Magic Eden has held the top spot, a resurgence largely fueled by its integration of Bitcoin Ordinals. […]
The stablecoin market has seen extraordinary growth over the past few years, highlighting its crucial role in the broader cryptocurrency ecosystem. In March 2020, the market value of stablecoins was a modest $5 billion. However, by April 2022, this figure had skyrocketed to an all-time high of $188 billion, driven by the last bull cycle. […]
Binance recently announced the completion of the Frontier (FRONT) token swap and its rebranding to Self Chain (SLF). However, the move has sparked criticism within the community, particularly due to the significant increase in total token supply from 90 million to 360 million, while maintaining a 1:1 conversion rate from FRONT to SLF. This change […]