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...
Tag : blockchain
Bear Market Ahead? Uncertainty Among Investors
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,...
Vitalik Buterin Proposes AI and Prediction Markets to Speed Up Community Notes on X
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
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
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
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,...
Vitalik Buterin Proposes Blockchain-Based Hybrid Model for Future Cities
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...
Charles Hoskinson Plans to Launch a Decentralized Social Network to Defend Free Speech
TL;DR Cardano founder Charles Hoskinson plans to launch a decentralized social network to promote freedom of expression. The network will use blockchain technology to avoid...
Spot Bitcoin ETFs Record Third Day of Net Outflows
TL;DR Bitcoin spot ETFs recorded a net outflow of $71.73 million on August 29. BlackRock’s IBIT experienced its first net outflow since May. Total trading...
Ripple Faces New Criticism Over XRP Holdings: CTO Responds to Allegations
TL;DR The XRP community has raised questions about Ripple’s management of XRP, accusing its leaders of seeking personal gain by reducing holdings. Ripple CTO David...