DeFi Sector Faces 16% TVL Decline, Stablecoin Market Remains Resilient
TL;DR The DeFi sector experienced a 16% drop in total value locked (TVL) over the past week, falling from $140.95 billion to $117.76 billion before...
Author : jose
MicroStrategy to Sell More Shares for Bitcoin, Market Reacts
TL;DR Bitcoin saw a brief uptick following MicroStrategy’s announcement to sell more shares for additional Bitcoin purchases. MicroStrategy plans to increase the number of authorized...
Threat Actor Steals $500,000 via Compromised X Accounts in Meme Coin Scam
TL;DR A threat actor stole approximately $500,000 through meme coin scams promoted via over 15 compromised X accounts, uncovered by blockchain investigator ZachXBT. The attacker...
Crypto.com Launches Crypto Custody Trust Service for US and Canadian Institutions
TL;DR Crypto.com has launched the Crypto.com Custody Trust Company to serve eligible institutions and high-net-worth clients in the US and Canada, expanding its presence in...
Chainlink Sees Surge in Whale Activity as Price Dips to $20
TL;DR Chainlink (LINK) has seen a significant surge in whale activity, with large investors accumulating the token during a market dip, as LINK briefly dropped...
Banking Woes for Crypto Hedge Funds: 75% Report Access Issues
TL;DR A recent report by the Alternative Investment Management Association (AIMA) reveals that 75% of hedge funds focused on digital assets face significant challenges in...
RLUSD Sees Massive Transfers as Ripple’s New Stablecoin Gains Traction
TL;DR Ripple transferred nearly 10 million RLUSD stablecoins within an hour, following the recent launch of RLUSD, highlighting the growing interest and potential impact of...
Solana’s Price Dips Below $200, But Traders Remain Bullish
TL;DR Solana (SOL) has experienced a significant price drop, falling below $200 to approximately $188, but traders and analysts remain optimistic about its long-term prospects....
World Liberty Finance’s $10M Bitcoin Swap: Strategic or Politically Motivated?
TL;DR World Liberty Financial (WLFI) swapped $10.4 million worth of cbBTC for Wrapped Bitcoin (WBTC), raising questions about the strategic or political motivations behind the...
On-Chain Lending Protocols See Record Activity in 2024
TL;DR The DeFi market has seen a resurgence in on-chain lending protocols, reaching activity levels not seen since 2021, driven by increased stablecoin liquidity and...