Argin ChroniclesThe latest cryptocurrency industry news
The performance of fiat-backed stablecoins in 2024 has been notable, with the market cap of the top 10 stablecoins reaching $161.2 billion. This marks a 35.4% growth from the $119.1 billion seen in 2023, though it still falls short of the $181.7 billion peak recorded in 2021. Tether ($USDT) continues to dominate the stablecoin market, […]
The gaming industry is on the cusp of notable transformations this month, with several prominent tokens set to experience significant unlocks. Key tokens to keep an eye on are $PIXEL, $XAI, $YGG, $APE, and $IMX, all of which will see a considerable increase in their circulating supply in the coming weeks. For $PIXEL, this month’s […]
TRON ($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. […]