Early Investor Moves 70 Million $GMT In Major Transaction

In a significant move, address 0x64C…cA655 received 70 million $GMT tokens, valued at $10.23 million, just 20 minutes ago. This address is believed to belong to an early investor or participant in the $GMT project. Seven months prior, this same address received 100 million $GMT, worth $28.01 million, from the same sender. Notably, all of … Read more

$GMX Dominates Derivative Protocols With $517.97M TVL, Launches Incentive Campaign On Avalanche

As of July 1, 2024, data from @IntotheBlock reveals that $GMX is leading the Total Value Locked (TVL) category among derivative protocols with an impressive $517.97 million. Following $GMX, Synthetix holds $453.80 million, and dYdX comes in third with $308.82 million in TVL. Emerging protocols are also showing significant growth. Vertex Protocol boasts a TVL … Read more

Aero Protocol Token $AERO Sees Surge In Popularity With Over 106,972 Unique Holders

The Aero Protocol token ($AERO) is leading the pack in the Base Ecosystem with an impressive 106,972 unique holders as of July 2, 2024, showcasing its widespread popularity and growth. This marks a significant increase from 87,503 holders on June 11, 2024, indicating a surge in interest and positive market sentiment. https://twitter.com/C__thumbs/status/1808531996634689844?t=KbLnPq1mQzImRhcoZdS2wg&s=19 The spike in … Read more

Bitcoin and Ethereum Plummet: Market Awaits Ideal Buy Opportunity Amidst Liquidation Fears

Bitcoin has recently fallen to a low of $56.7K, while Ethereum has dropped to $3.1K, prompting many traders to see this as a “buy the dip” opportunity. However, the best strategy might be to wait until the initial rush subsides. The ideal time to buy is when the market sentiment shifts to impatience and skepticism. … Read more

Wallet on Telegram Extends 50% APY for USDT Promotion

Wallet on Telegram, a third-party integrated mini wallet app for Telegram messenger, has recently sent a message to its users announcing an extension of its promotion that allows users to deposit Tether’s USDT and receive a 50% APY during the first two weeks. The app also announced that it would yield additional bonuses until the … Read more

Uniswap Wallet Transfers $20.2M In UNI To Coinbase Prime Amid Market Decline

A significant transfer was observed today from a Uniswap-related wallet, which moved 2.359 million UNI tokens, worth approximately $20.2 million, to Coinbase Prime. This transaction has garnered attention, particularly given the current market conditions. Out of the transferred amount, 2.338 million UNI, valued at about $19.9 million, has been absorbed by 12 different wallets. This … Read more

Australia Honors Kraken With Several Crypto Awards

Kraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading platform in 2024. It also bagged Finder’s best-advanced trading and crypto trading – extra features. Meanwhile, Wemoney named Kraken the best platform for casual investors and excellent rates and fees. Kraken also received honorable mentions in other categories, including … Read more

Surge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud

The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams. Nearly half of the 1,332 consumer reports received in the first half of 2024 pertained to these scams, reflecting a 44% increase from the same … Read more