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Litecoin $LTC Overtakes Bitcoin As Per On-chain Transaction In The Last 24 Hours 

Litecoin ($LTC) continues to demonstrate robust on-chain metrics, attracting a growing number of users and traders who appreciate its exceptional speed, low fees, and proven reliability.  As one of the world's most secure networks, Litecoin facilitates efficient crypto transactions, earning trust through its decade-long legacy of innovation, security, and stability. Notably, Litecoin's daily addition of new addresses surpasses even Bitcoin, underscoring its widespread adoption and user engagement.  https://twitter.com/DaddyCool1991/status/1749937556853264411?t=jiMSQXrGXZz4rSl7wV3lpw&s=19 Before November 2023, Litecoin had never exceeded 1 million active addresses in a single day. However, in the past 10 weeks, it has achieved this milestone no less than 12 times, showcasing its increasing popularity. According to data from Intotheblock, Litecoin leads the pack in on-chain transactions over the last 24 hours, surpassing other major blockchains. Litecoin ($LTC): 1.1 million transactions Bitcoin ($BTC): 869,000 transactions Ethereum ($ETH): 514,000 transactions Tether ($USDT): 99,000 […]

Will Izuchukwu January 25, 2024

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Weekly Crypto Pulse: Market Sentiments Favor Cartesi And Gala Games, While Bitcoin SV And Metal Face Challenges

As the new trading week unfolds, Santiment's on-chain analytics spotlight tokens riding high on positive sentiments and those grappling with negative sentiments. Positive Sentiment Leaders: - Cartesi (CTSI): Cartesi experiences a surge in positive sentiment after forging a strategic alliance with a major cloud computing provider. The market acknowledges Cartesi's growing acceptance and technological integration, propelling the token to a commendable 17% gain over the past 7 days. - Gala Games (GALA): Excitement ensues among traders and community members with the mention of the HTX Carnival Gala and an upcoming airdrop. Despite a 58% increase in trading volume over the last 24 hours, the token faces a minor 3% decline in value today. - PAAL_ai (PAAL): A wave of enthusiasm surrounds PAAL due to enticing reward events, new exchange listings, and notable partnerships. The token's connection with CELESTE solidifies its […]

Will Izuchukwu January 24, 2024

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Concentric.fi On Arbitrum Falls Victim To $1.7M Social Engineering Attack

Concentric Fi, operating on the Arbitrum network, has incurred substantial losses exceeding $1.7 million due to a targeted social engineering attack.  The breach exploited a vulnerability in the protocol, stemming from unauthorized access gained through a sophisticated attack on one of the team members overseeing the deployer wallet. The compromise of the deployer wallet resulted from a well-executed social engineering attack, ultimately triggering the exploit within the protocol.  Despite having audited vaults, the vulnerability arose from the protocol's capacity to undergo upgrades. Leveraging this functionality, the attacker successfully upgraded the vaults, generating new LP tokens, and subsequently depleting the contents of the vaults. https://twitter.com/BeosinAlert/status/1749440827913384156?t=YEZ6c0H220ieuAqQUc9lNA&s=19 The attack involved modifying the implementation contract of the CONE-1 proxy contract. The original ConeCamelotVault contract was replaced with a contract controlled by the attacker. Additionally, the admin of adminMint() was added as the attacker, identified […]

Will Izuchukwu January 23, 2024

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Blast Achieves Remarkable TVL Milestone As BIG BANG Competition Takes Center Stage

Blast, the brainchild of Blur's founder, has proudly announced the official launch of its testnet, marking a significant step forward in its development journey.  To spur enthusiasm and innovation among developers, Blast has kicked off the exciting Blast BIG BANG competition. In this competition, developers stand to receive 50% of the Blast airdrop, while the remaining 50% is allocated to Blast staking users. https://twitter.com/WuBlockchain/status/1747434571757735941?t=ZXwZ7NsJpcdTEoN2S-Jb1Q&s=19 The competition presents a unique opportunity for DApps (decentralized applications) to vie for prominence by reaching 100,000 users, captivating top-tier investors, and securing a share of the coveted Blast Airdrop.  Winning DApps will enjoy promotion to Blast users when the mainnet is launched in late February, providing developers with an early chance to benefit from the Blast Airdrop. Blast goes beyond incentivizing developers by facilitating connections between winning teams and a distinguished panel of judges and […]

Will Izuchukwu January 17, 2024

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$INSP Surges Over 21% In Late Monday Rally After Announcing Integration With Arbitrum

In a late Monday rally, $INSP has emerged as a prominent gainer, witnessing a remarkable surge of over 21%, coupled with an 81% increase in trading volume. The surge comes on the heels of the team's announcement regarding their integration with Arbitrum. Arbitrum, known for developing one of the most advanced scaling solutions in the market, is playing a transformative role in reshaping blockchain technology, making Web3 more accessible to a broader audience. https://twitter.com/inspectxyz/status/1746910475810459943?t=-l1c4n8E2rLAOP7-jqA8pA&s=19 More On Arbitrum Integration And Purpose  Inspect has outlined plans to dedicate a special section on its platform exclusively for Arbitrum, aiming to provide comprehensive insights into the entire ecosystem. The activation revolves around fostering collective innovation in alignment with the vision of a Web3 future that prioritizes enhanced connectivity.  This integration marks a strategic move for the Inspect ecosystem, propelling it towards greater efficiency and […]

Will Izuchukwu January 15, 2024

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Bitcoin Market Dynamics: Insights Into Recent Trends And Future Outlook

Recent data from Robinhood's Chief Brokerage Officer reveals interesting insights into the dynamics of the Bitcoin (BTC) market. Approximately 20% of BTC spot ETF transactions occurred within retirement accounts, indicating a notable presence of long-term investors in this segment.  Moreover, a significant portion of Grayscale's Bitcoin Trust (GBTC) sellers opted to reinvest their funds into other BTC spot ETFs, showcasing a strategic shift among market participants. https://twitter.com/WuBlockchain/status/1745993603162210325?t=Bt_uGwFURSRd3AULqaVfKw&s=19 Anthony Scaramucci, founder of SkyBridge Capital, attributes part of the current Bitcoin decline to selling pressure from GBTC and the FTX position. However, he expresses optimism, anticipating that this selling pressure will likely subside over the next six to eight trading days. https://twitter.com/WuBlockchain/status/1746014373427265809?t=Bt_uGwFURSRd3AULqaVfKw&s=19 4,000 Bitcoin Transfer To Monitor And Potential Bitcoin Price Drop To $34,000 Lookonchain data aligns with Scaramucci's perspective, indicating that four wallets associated with Grayscale Bitcoin Trust recently transferred 4,000 […]

Will Izuchukwu January 13, 2024

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World ID Project Gains Momentum In Argentina And Global Recognition

The World ID project has achieved significant strides in Argentina, capturing widespread attention globally, particularly revolving around the advancements associated with Worldcoin.Worldcoin. The project has notably set new records in Argentina, surpassing other nations and showcasing its popularity on a national scale. Following the introduction of World ID 2.0, the latest iteration of Worldcoin's secure, private, and universally recognized proof of human existence, there has been a surge in verifications.  The growing interest and adoption of World ID in Argentina resulted in a remarkable national record, witnessing nearly 16,000 Orb verifications in a single day in late December. This achievement signifies that over 1% of the Argentine population has now completed their World ID verification, aligning with milestones observed in countries such as Chile (1.5%), Spain (0.8%), and Portugal (2.5%). https://twitter.com/worldcoin/status/1745424224020267314?t=pbB3ScI96qbqOAG96VxiUQ&s=19 Innovate Updates And $WLD Price Action Tools for Humanity […]

Will Izuchukwu January 11, 2024

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Ethereum Price Skyrockets Over 10% As Whales Increase Holdings Amidst Spot ETFs Anticipation

The cryptocurrency landscape is witnessing a significant surge in the price of Ethereum (ETH), with whales playing a pivotal role by accumulating substantial amounts of the digital asset. This development comes amid heightened enthusiasm surrounding the potential approval of Spot ETFs. According to insights from Lookonchain, a notable whale engaged in a strategic move, repeatedly acquiring loans in Wrapped Bitcoin ($WBTC) and subsequently converting them into Ethereum once the approval for the spot Bitcoin ETF materialized. The whale executed a series of trades, exchanging a total of 621 $WBTC (equivalent to $28.95 million) for 11,663 $ETH. It's worth noting that this whale has maintained a long position in the ETH/BTC trading pair. https://twitter.com/lookonchain/status/1745316140535185569?t=X-aYDZ5vElnitcOiQuXraQ&s=19 More Massive ETH Whale Movement From Exchanges To Watch Another prominent player in the crypto space, identified as 0xAA15, withdrew a substantial amount of Ethereum from Binance, […]

Will Izuchukwu January 11, 2024

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Celsius Faces Challenges After Bankruptcy Filing: Losses, Lawsuits, And Asset Transfers

In a significant turn of events, Celsius, the cryptocurrency loan company, filed for bankruptcy on July 13, 2022, after reporting a substantial $1.2 billion loss on its balance sheet. Following this, a reorganization plan was adopted by creditors in September 2023, providing custodial account owners with 72.5% of their interests in Bitcoin and Ethereum. https://twitter.com/WuBlockchain/status/1744890675089621344?t=-MSciuqYwGu0Vp6QLsoB5g&s=19 However, challenges continued for Celsius as regulatory authorities, including the SEC, FTC, DOJ, and CFTC, filed lawsuits against the company and its CEO, Alex Mashinsky, alleging client fraud. Recently, Celsius made an announcement stating its decision to cease staking large amounts of Ethereum (ETH) assets. This move raised eyebrows in the crypto community. Celsius Notable Staked ETH Withdrawal To Monitor In the past week, an address associated with Celsius Network, specifically labeled Celsius Network: Staked ETH, transferred a substantial 40,000 ETH to either Coinbase or […]

Will Izuchukwu January 10, 2024

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Bitcoin Mildly Retreats from 20-Month High, Whale Transactions Surge

Bitcoin witnessed a modest retracement, sliding to $43.4K after achieving a 20-month high at $45.8K on January 2nd. The weekend introduces some mild declines, accompanied by heightened whale transactions, reaching levels unseen since June 12, 2022. Increased whale activity often hints at impending market shifts. During June 11th and 12th, 2022, whales displayed robust buying behavior during a dip, executing a total of 39,033 transactions valued at over $100k. Notably, the recent period of January 3rd and 4th recorded 34,874 transactions, surpassing the threshold of $100k, marking the most substantial whale activity since June 11th and 12th, 2022. https://twitter.com/santimentfeed/status/1743521700799738015?t=l2-gsWkTeDcYf_toNFEoxA&s=19 Approval Of  ETF Could Be The Right Trigger While the approval of the Bitcoin ETF acted as a catalyst for the recent surge in Bitcoin prices, another bullish narrative takes center stage: the upcoming Bitcoin Halving. Historically, this event has served […]

Will Izuchukwu January 6, 2024

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