Categories
News

Crypto Hacks and Exploits In Q2 2024: Over $675M In Losses

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 […]

Categories
Market Analysis

Smart Trader 0x8d73 Buys $500K In ENS Despite Bearish Market Trends

In a surprising move, smart trader 0x8d73 has purchased approximately $500K worth of ENS tokens, even as both $BTC and $ENS prices are declining. According to data from icrypto.ai, this trader has acquired 18.39K ENS tokens in the past 16 hours. Shortly after the acquisition, 15.49K ENS tokens, valued at around $414K, were transferred to […]

Categories
News

Lending Protocols See $5B Surge In Active Loans, Led By Aave

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 […]

Categories
News

$BAKED Token Launch On DegenFund Sparks Insider Activity and Massive Profits For Sniper

The $BAKED token was recently launched on DegenFund, with the developer wallet spending 11.82 $SOL to acquire 300.72 million $BAKED during the minting process. Additionally, 206.9 million $BAKED was added to liquidity. Within a second, 492.37 million $BAKED was snapped up by 19 wallets. Interestingly, the team and insiders hold a substantial portion of the […]

Categories
News

Layer 2 Solutions Propel Mass Adoption With Significant Growth

Layer 2 solutions continue to experience robust growth, playing a crucial role in driving mass adoption. On-chain metrics reveal increasing user traction, underscoring the potential of L2 networks. The number of transactions on leading Layer 2 networks—Arbitrum, Base, and Optimism—has quadrupled this year. This growth saw a significant boost in Q2, following the implementation of […]

Categories
News

Smart Money Accumulates $wQUIL, Ranks Among Top Holdings Alongside $MAGA and $MKR

Smart Money has been actively accumulating $wQUIL over the past 24 hours, propelling it to the top three on the accumulation chart, just behind $MAGA and $MKR. Significant purchases by Smart Dex Traders and Smart Money highlight this trend. Eight hours ago, wallet 0x64ba, with a win rate of 47.06%, bought 392.89K $wQUIL, valued at […]

Categories
News

TRON: Leading The Charge In Global Payments And Stablecoin Market

The TRON network has established itself as a premier global payment and stablecoin platform, securing the second position in both total value locked (TVL) and on-chain stablecoin market cap. A significant driver of this success is TRC20-USDT, which is facilitating large-scale blockchain adoption and integration across various industries. TRON total accounts exceeded 240 Million! 🚀#TRON […]

Categories
News

Mog Coin $MOG Surges 41.6%, Nears All-Time High Amid Insider Activity

Mog Coin ($MOG) has emerged as a standout in the memecoin market, surging 41.6% in the past 24 hours to reach a current price of $0.00001421. This impressive performance highlights $MOG’s growing prominence, particularly in relation to other memecoins like Solana’s Popcat. Recent activity by an insider, identified as wallet 0x4682, provides further insights into […]

Categories
News

$GRT Demonstrates Strength Despite Large Deposits And Market Decline

In the past 24 hours, notable activity involving $GRT (The Graph) tokens has been observed. Thirteen hours ago, a wallet identified as 0xB94 deposited 8.11 million $GRT (approximately $1.7 million) to Kraken. This followed another significant deposit 22 hours ago, where a wallet identified as 0x285 transferred 8.1 million $GRT (about $1.74 million) to Kraken. […]

Categories
News

Avalanche Faces Decline Amid Large AVAX Sales And Market Concerns

Avalanche’s market performance has been on a downward trend over the past 24 hours, raising concerns as the price nears a critical support level of $23. Recent findings by blockchain investigator ZachXBT, reported by Wu Blockchain, shed light on the possible reasons behind this sharp decline. According to the report, $54 million worth of AVAX […]