Argin Chronicles
Venture capital interest in GameFi is on the rise in 2024, with investments increasing steadily. In the first four months of the year, both the number of funded projects and total raised funds have shown significant growth. The GameFi sector now boasts 3,763 protocols, with BNBChain, Ethereum, and Polygon leading in the number of active […]
As Ethereum continues to trade above the $3,000 mark, stablecoins, ETH, and ETH derivatives are leading the charge in high-yield opportunities, leaving other large-cap cryptocurrencies mostly in the shadows. CoinShares recently reported substantial inflows into digital asset investment products, with a notable $932 million received last week. This surge is largely attributed to market expectations […]
Solana has regained its footing, trading above the $180 mark today, driven by a 6% value gain. Over the past seven days, Solana has seen a remarkable 22% increase, accompanied by a 51% rise in its 24-hour trading volume. This performance highlights Solana’s resilience and growing dominance in the blockchain ecosystem. A recent report on […]
Bitcoin’s whale wallets, those holding over 100 BTC, have maintained a significant coin supply at 11.79 million. However, whale activity has hit its lowest level in 2024, with only 15,907 wallets holding at least 100 BTC. This represents a decline of 76 wallets, or 0.48%, over the past two months. A rise in these large […]
As cryptocurrency prices rebound, a crucial factor to watch for validating this bounce is the growth in stablecoin market caps. From mid-October to mid-April, the combined market caps of major stablecoins like $USDT, $USDC, $DAI, $BUSD, $USDP, and $TUSD surged by 25%. This increase supported rising trading volumes and indicated investors’ preference to keep their […]
Sonne Finance, a decentralized lending protocol on the Optimism network, has experienced a significant security breach, resulting in losses amounting to approximately $20 million. The project, in a post-mortem report, disclosed that the exploit stemmed from a vulnerability in Compound v2 forks. In response to the attack, Sonne Finance swiftly paused the markets to prevent […]
The AEVO <> RBN exchange channel officially opened today at 18:00, marking a notable event in the cryptocurrency landscape. Wintermute, one of the largest market makers, has emerged as the address with the highest exchange volume so far, exchanging 2.5 million $RBN for $AEVO, resulting in a significant loss of $778,000. Between January 3, 2024, […]
The native token of Sam Altman’s iris-scanning initiative, Worldcoin, has encountered a significant setback, with its token, $Wld, witnessing a sharp decline of 15% within the past day, hitting a low of $4.953. The daily trading volume of WLD has surged to $920 million, marking a remarkable 127% increase. This surge in trading activity comes […]
As Arbitrium continues to experience bearish trends across all time frames, a staggering 85% of investors holding ARB in their wallets find themselves at a loss. Observations of on-chain data reveal a notable decrease in large ARB transactions since January 3, 2024, with transactions over 100K dropping from 256 to 121. These downward signals underscore […]
The Tron Network has recently experienced a remarkable surge in activity, as highlighted by data from Intotheblock. Year-To-Date Daily Active Addresses on the network have seen a significant spike, indicating heightened user engagement. On May 6th alone, there were 3 million active addresses involved in transactions, with a staggering 7 million recorded transactions. The Tron […]