Aave Founder Sells $6.67M in AAVE Amid Price Surge
TL;DR Aave founder Stani Kulechov sold 55,596 AAVE tokens valued at $6.67 million. The cryptocurrency has seen a 66% increase in price over the past...
Bear Market Ahead? Uncertainty Among Investors
by guido
TL;DR Bitcoin (BTC) and Ethereum (ETH) are experiencing a significant drop, causing uncertainty and speculation about a possible “bear market.” Bearish market mentions are increasing,...
Pendle Hack: $105 Million Saved Amid Penpie Exploit
by jose
TL;DR $105 Million Saved: Pendle swiftly paused contracts to prevent further losses after a $27.3 million hack on its yield optimizer, Penpie. Exploit Details: The...
Bitcoin’s Market Dominance Soars to 60%: What It Means for Altcoins
by jose
TL;DR Bitcoin’s Market Dominance: Bitcoin’s market share has surged to nearly 60%, driven by increased interest from major financial institutions and its resilience post-2022 bear...
Vitalik Buterin Proposes AI and Prediction Markets to Speed Up Community Notes on X
by guido
TL;DR Vitalik Buterin proposed using artificial intelligence and prediction markets to accelerate the generation of Community Notes on X. Prediction markets could determine if a...
Saga Mobile Launches Solana Validator, Strengthening Its Leadership in Mobile and Web3
by fernando
TL;DR Saga Mobile launches a validator on the Solana network in collaboration with Phase Labs and the Solana Foundation. The initiative seeks to strengthen the...
Market Bets $11 Million on Fed Rate Cut for September 2024
by fernando
TL;DR The market has bet a total of $11,004,782 on possible Fed interest rate changes by September 2024. Most expect a 25 basis point decline,...
DeFi Protocols Face Nearly 25% Drop in Fees
by guido
TL;DR In August 2024, DeFi protocol fees fell by 24.4%, totaling $288 million. The decrease is attributed to lower user activity, increasing competition among protocols,...
DYAD Stablecoin Protocol Sees Explosive Growth in TVL
by jose
TL;DR Explosive TVL Growth: DYAD’s total value locked (TVL) surged over 950% in one month, from $3.3 million on August 5 to a record $35...
Vitalik Buterin Proposes Blockchain-Based Hybrid Model for Future Cities
by fernando
TL;DR Vitalik Buterin suggests a hybrid model for the development of future cities that combines principles of democracy, capitalism and decentralization. It proposes that citizens...