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Wintermute Wallet Receives $3.16M In API3, Sparks Sell-Off Speculation

Earlier today, an address linked to Wintermute received 2 million API3 tokens, valued at approximately $3.16 million, from the API3 staking address. This transaction has raised eyebrows in the crypto community, as past activity suggests a potential sell-off may be imminent. Historical transaction records show a consistent pattern: whenever this specific wallet receives API3 tokens, […]

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STP Network Sees 47% Surge, Whale Activity Spikes Amid New Developments

Over the weekend, STP Network, currently ranked #349 by market cap, experienced a massive 47% price pump on Sunday. This rapid surge in value was accompanied by a significant uptick in on-chain activity, signaling heightened interest from investors. đź“Š #349 market cap @stp_network saw a massive +47% pump Sunday, and on-chain behavior went bananas shortly […]

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Polymarket Surpasses $1 Billion In Trading Volume As Prediction Markets Gain Momentum

In the third quarter, Polymarket’s trading volume surged past the $1 billion mark, driven by the increasing popularity of Web3 prediction markets. The platform’s US presidential prediction market alone has seen an inflow of nearly $1 billion, as users bet on potential election outcomes. ICYMI: Q3 trading volume on @Polymarket surpassed $1 billion. pic.twitter.com/rma0bCXdP9 — […]

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DeltaPrime Blue On Arbitrum Hacked, $5.98M Drained Due To Compromised Private Key

In the early hours of the morning (6:14 AM CET), DeltaPrime Blue on Arbitrum was the victim of a significant security breach, resulting in the theft of $5.98 million. The hack was made possible due to a compromised private key, though the exact source of the breach is still under investigation. DeltaPrime Blue exploited, this […]

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Fiat-Backed Stablecoins Surge In 2024: A Market Overview

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, […]

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TRON’s Long-Term Holder Base Grows By 237% Amid Rising Security Measures

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 […]

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Stablecoins Surge In 2024, But Still Below 2021 Peak; USDT Remains Dominant

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 […]

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Aave DAO Launches Dedicated @ether_fi Market, Expanding DeFi Opportunities

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 […]

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Penpiexyz Exploiter Praised By Euler Finance Hacker As $42.7M Flows Into Tornado Cash

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, […]

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Major Movements In The Crypto World: Key Figures And Recent Developments

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 […]