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...
MicroStrategy to Sell More Shares for Bitcoin, Market Reacts
by jose
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...
Montenegro’s Justice System Decides Do Kwon’s Fate After Rejecting Extradition Appeal
by federico
TL;DR Montenegro’s Constitutional Court rejected Do Kwon’s appeal, leaving the final extradition decision to the Justice Minister. Kwon, founder of Terraform Labs, faces extradition requests...
Animoca Brands Chairman’s Account Hacked to Promote Fake Token Â
by federico
TL;DR Yat Siu’s X account, chairman of Animoca Brands, was hacked to promote a fake token named ANIMOCA, causing financial losses and confusion. The fraudulent...
Threat Actor Steals $500,000 via Compromised X Accounts in Meme Coin Scam
by jose
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...
Aave and Chainlink: A Strategic Alliance Against MEV
by federico
TL;DR Aave plans to use Chainlink’s Smart Value Recapture (SVR) oracle to redirect MEV profits back to its users. The SVR could capture up to...
Chainlink Sees Surge in Whale Activity as Price Dips to $20
by jose
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...
Metaplanet Boosts Its BTC Reserves: Record $60 Million Investment Drives Growth
by federico
The Japanese firm Metaplanet continues to solidify its position as one of the leading players in the crypto ecosystem. The company recently announced the acquisition...
USDT Surges as BTC Declines: Key Changes in Bybit Reserves
by federico
Bybit’s most recent reserve report, published on December 13, 2024, reveals notable fluctuations in user asset holdings. According to the platform’s 17th “Proof of Reserve”...
RLUSD Sees Massive Transfers as Ripple’s New Stablecoin Gains Traction
by jose
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...