Argin Chronicles
Symbiotic, a newly launched Ethereum restaking platform, has quickly gained traction in the crypto community. Supported by Paradigm and the founders of Lido, Symbiotic aims to enhance security through liquidity for services built on its protocol. This new platform facilitates coordination between users and services, providing a robust framework for restaking. Symbiotic just launched – here’s […]
On Thursday, large Ethereum holders recorded a net inflow of 267,000 ETH, marking the highest daily accumulation since March. This surge in accumulation underscores the growing confidence in Ethereum’s evolving ecosystem. On Thursday, large ETH holders recorded a net inflow of 267k $ETH, marking the highest daily accumulation since March. pic.twitter.com/uBBhRpCxRz — IntoTheBlock (@intotheblock) June […]
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 $932 million received last week. This surge is largely attributed to market expectations […]
Since the Dencun upgrade, Ethereum layer 2 (L2) transactions have experienced a remarkable surge, marking a 196% increase to reach 5.67 million transactions settled on the top L2 platforms. The number of transactions on ETH layer 2s has skyrocketed following the Dencun upgrade. ➖The number of transactions settled on the top L2s has increased by […]
In a significant move for the crypto industry, BlackRock has debuted its tokenized asset fund on the Ethereum network and solidified its commitment to asset tokenization by investing in Securitize, a leading company in the field. The fund, represented by the blockchain-based BUIDL token, boasts full backing from cash, U.S. Treasuries, and repurchase agreements. BlackRock […]
March 16th marked a significant milestone for Base as it reached over 1 million active addresses, securing its position as the top Ethereum Layer 2 solution. This achievement underscores the platform’s growing prominence within the Ethereum ecosystem. On March 16th, @base achieved a milestone by surpassing 1 million active addresses, claiming the top spot among […]
In recent trading sessions, Ethereum ($ETH) experienced a notable price drop of over 10% from its peak of $4,000. However, despite this downturn, a significant majority of Ethereum holders, approximately 89%, remain in a profitable position. As investors assess the potential for Ethereum’s price to rebound towards the $4,000 range, on-chain data highlights a key […]
Rune Christensen, one of the co-founders of Maker, recently orchestrated significant token exchanges involving SHIB, the native token of Shiba Inu, and LDO, the native token of Lido DAO, in favor of MKR, Maker’s native token. These transactions, revealed through on-chain reports, had a substantial impact not only on MKR’s value within the Ethereum-based smart […]
The Ethereum ecosystem is experiencing a profound transformation with the advent of EigenLayer, a protocol designed to bolster the network’s security and utility for ETH stakeholders. Through the validation of various software modules, known as Actively Validated Services (AVS), EigenLayer is fortifying Ethereum’s resilience and functionality. EigenLayer’s remarkable ascent is evident in its total value […]
Today, Bitcoin (BTC) rallied by 4.57%, breaking the $59,000 mark, while Ethereum (ETH) also saw a 2.7% increase, reaching beyond $3,300. Coinglass reported that within the last 24 hours, a total of $233 million was liquidated, with $131 million attributed to short orders, resulting in the liquidation of 79,700 individuals. BTC rose 4.57% to cross […]