Big Cap
Tether, the company behind the USDT stablecoin, has acquired an additional 8,888 Bitcoin (BTC), valued at $627 million, in Q1 2024. Tether accumulates Bitcoin from January 11 to April 1, 2024. Source: CoinStats This recent transaction has boosted Tether's Bitcoin reserve to 75,354 BTC, approximately $5.
defi
With the rapid development of Layer-2 solutions, it can be confusing to categorize and rank these networks in your portfolio. Today, we'll explore the concept of Stages, a reference scale introduced by Vitalik Buterin in a blog post in November 2022, to better understand the development phases of
Big Cap
In April 2024, over 36 projects are scheduled to unlock tokens with a total value nearing $1.7 billion USD, involving prominent names like dYdX, Aptos, Starknet, Arbitrum, and Optimism. Notable Token Unlocks in April 2024 Compiled data from Token Unlocks indicates that the cryptocurrency sector will witness token unlocks
NFT & GameFi
Mocaverse, an NFT project by Web3 and GameFi giant Animoca Brands, officially announced details regarding their MOCA token Public Sale along with the token allocation schedule. MOCA Foundation, established by Animoca Brands and NFT Mocaverse, disclosed information about their upcoming Public Sale event for the MOCA token. Kicking off the
Big Cap
Ethereum co-founder Vitalik Buterin aims to tackle scalability head-on, positioning the blockchain as a foundational layer for projects to build upon. Vitalik Buterin Outlines Ethereum Scaling Extensions Post-Dencun Upgrade Late on March 28, Ethereum co-founder Vitalik Buterin published a blog post outlining his vision for what lies ahead for the
defi
In a move to reduce its reliance on its native UNI token amid plans to activate a fee-sharing feature for users, Uniswap, the largest DEX on Ethereum, is looking to diversify its treasury. Uniswap’s treasury was established when the DEX launched its UNI token in September 2020, with 43%
Big Cap
The price surge of MNT has propelled the blockchain platform Mantle to an impressive market capitalization exceeding $4 billion. Mantle Launches Staking Program, MNT Price Hits New ATH Mantle, a Layer-2 solution on Ethereum, stands out as one of the leading projects in the market. The token price of MNT
Big Cap
Data from Dune Analytics shows that blobs, the new data storage mechanism from the Dencun upgrade, are being utilized to create Inscriptions at record speeds. Ethereum's Blobs Used to Create Inscriptions Similar to Bitcoin According to on-chain analyst Hildobby on Dune Analytics, the Ethereum network has witnessed 6,
Big Cap
The 21Shares Toncoin Staking ETP (TONN) has been listed on the Swiss stock exchange SIX since yesterday. 21Shares Launches Toncoin Staking ETP on Swiss Stock Exchange SIX 21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs) globally, has recently introduced a staking ETP based on Toncoin (TON) from The Open
defi
Ethena Labs, the issuer of decentralized stablecoin USDe collateralized by ETH, has announced an upcoming token distribution event. They will airdrop 750 million governance tokens, ENA, on April 2nd. Specifically, Ethena Labs will distribute 750 million ENA tokens to holders of shards—reward points that the project has been implementing
defi
On the early morning of March 28, Ethereum encountered yet another hiccup in block verification. However, the issue was swiftly resolved, and the network has returned to normal operation. Community reports on social media platform X highlighted that during a brief period, the rate of missed Slot/Block verifications spiked
defi
On the evening of March 28, Prisma Finance confirmed via their X account that their lending and stablecoin protocol had been compromised. The team has temporarily halted protocol operations and is conducting an investigation into the incident. Additionally, Prisma has advised users who interacted with Liquid Staking Token and Liquid
