Ethereum Approaches $3,000 with New High and Growing Investor Interest
TL;DR Ethereum (ETH) reached a new high of $2,735 before dropping to $2,665, reflecting a 1.25% increase in the last 24 hours. Open interest in...
Author : guido
Radiant Capital Hacked, Exposing Security Flaws and Causing a $50 Million Loss
TL;DR Radiant Capital suffered an attack resulting in the loss of over $50 million due to flaws in its multisig configuration. The vulnerability allowed transactions...
Historic Record in Bitcoin Futures Open Interest on the CME
TL;DR Open interest in Bitcoin futures on the CME reached an all-time high of 172,430 BTC, equivalent to $11.6 billion, with an increase of 25,125...
Phlomis Finance Enters Real-World Asset Tokenization Through Chromia
TL;DR Phlomis Finance enters the real-world asset (RWA) tokenization market using Chromia’s blockchain infrastructure. The initiative aims to eliminate access barriers and facilitate investments in...
Solv Protocol Raises $11 Million to Boost Bitcoin Staking
TL;DR Solv Protocol has raised $11 million in funding, reaching a $200 million valuation, allowing it to expand its SolvBTC product. Investments come from Nomura’s...
dYdX Prepares for the Return of its Former CEO, Antonio Juliano
TL;DR Antonio Juliano has returned as CEO of dYdX after six months of absence, seeking to revitalize the decentralized trading platform. His time away allowed...
TON Recovers After Pavel Durov’s Arrest
TL;DR The TON blockchain has seen a 20% increase in its stablecoin supply since the arrest of Pavel Durov, surpassing $700 million. Pavel Durov, after...
Suspension of Stimulus in China Could Drive a Capital Reallocation Towards Crypto Sector
TL;DR China has suspended economic stimulus measures, affecting global financial markets, especially the crypto industry. QCP Capital anticipates a capital reallocation towards cryptocurrencies, considering that...
BNB Open Interest Falls $100 Million as It Struggles to Overcome Resistance
TL;DR BNB open interest has fallen by over $100 million, raising concerns among traders as it struggles to overcome resistance between $575 and $619. The...
Bitwise Announces Transformation of Crypto Futures ETFs to Dynamic Rotation Strategies
TL;DR Bitwise Asset Management will transform three of its cryptocurrency futures ETFs starting on December 3. 2024, implementing a dynamic rotation strategy. The new “Trendwise”...