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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 […]

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Celestia Nears Key Milestones Amid Plans To Boost Block Size

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 […]

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GSR Markets Receives $10M In EDU Tokens: Potential Market Impact Raises Concerns

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 […]

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LTD Token Completes First Major Burn: 265 Billion Tokens Removed from Circulation

The LTD Token project has achieved a significant milestone with the successful completion of its first token burn. A total of 265 billion $LTD tokens have been burned, marking a crucial step in the project’s long-term roadmap. This burn is the first of many planned as the project continues to develop and grow. The first […]

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Is Crypto On The Brink Of A Breakout? Analyzing Key Market Signals

With significant developments across the tech and crypto sectors, many are wondering if the cryptocurrency market is on the verge of a breakout. Nvidia recently reported a staggering $30 billion in revenue, surpassing expectations and fueling excitement, especially among crypto AI tokens. Meanwhile, the crypto market has faced its own challenges and opportunities. One notable […]

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Whale Accumulation On NEAR Highlights Its Quirky Meme Scene And Emerging Tokens

NEAR Protocol, known for its serious DeFi projects and vibrant NFT ecosystem, is also home to a lively and quirky meme culture that’s catching the attention of crypto enthusiasts and whales alike. As larger investors begin accumulating NEAR, let’s explore the unique world of NEAR’s meme tokens that are gaining traction. One of the standout […]

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Aave’s GHO Token Nears All-Time High As Adoption Expands Beyond Core Community

Aave’s GHO token is approaching its all-time high as its user base broadens, with a growing number of non-stkAAVE holders minting GHO since May. This surge in adoption suggests that GHO is gaining traction beyond Aave’s core community, attracted by competitive borrowing rates and DeFi use cases. Aave's GHO approaches ATH with broader userbase The […]

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PayPal’s PYUSD Stablecoin Surges On Solana, Reaching $1 Billion Market Cap

In a remarkable feat, PayPal’s USD stablecoin (PYUSD) has achieved a $1 billion market capitalization just 383 days after its launch, outpacing USDC and USDT in growth rate. The PayPal USD stablecoin is part of PayPal's mission to revolutionize commerce globally. This weekend, we reached a major milestone: over $1 billion in market capitalization! This […]