Bookmarking Crypto Insights
The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg. The asset has faced persistent instability since the start of 2025. On Jan. 1, sUSD dropped to $0.96 and only rebounded to $0.99 in early February. Prices continued to fluctuate … Read more
Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain trading experience, which currently requires users to navigate multiple wallets, manage gas fees, and find trusted bridges before purchasing tokens. With Slingshot’s technology, users can … Read more
Bybit’s market share has rebounded to pre-hack levels following a $1.4 billion exploit in February, as the crypto exchange implements tighter security and improves liquidity options for retail traders. The crypto industry was rocked by its largest hack in history on Feb. 21 when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked … Read more
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these institutions would also ramp up controls on customers’ dollar purchases to stop speculation. China Reportedly Issuing Dollar Purchase Guidance to Control Yuan Value Drop China … Read more
OpenAI has announced a counter-lawsuit against Elon Musk, alleging that his ongoing actions against the organization are bad-faith tactics aimed at undermining its operations and seizing control of its AI innovations for personal gain. In a statement on X, OpenAI accused Musk of spreading false information about the organization, asserting that it is committed to … Read more
The securities regulator believes that crypto assets currently pose a minimal risk to financial stability due to their relatively small size and limited integration with traditional financial systems. Crypto Assets 1% of Global Financial Assets The European Securities and Markets Authority (ESMA) said crypto assets currently pose no significant risk to financial stability. The regulator … Read more
$RFC (RFindercoin) has achieved an important milestone in the memecoin world: It’s now the 8th largest Pumpfun memecoin by market capitalization and has reached an impressive $40.02 million in that regard. This surge in market cap seems to denote an increasing amount of attention from memecoin enthusiasts and investors alike. What’s more, the $RFC holder … Read more
On April 7, 2025, activity in the memecoin market among smart money took a sharp upswing, netting $2.9 million in inflows, which certainly turned some heads—especially those of institutional and high-net-worth individuals—for being just the sort of uptick those types of investors tend to be more secretive about. The memecoin market being what it is, … Read more
While the wider world of cryptocurrency is in recovery, Michael Egorov, the founder of Curve Finance, has picked up where he left off earlier this year and resumed a pattern of large token sales—notably, sales of his own $CRV tokens. His most recent sale, of about 236,457 $CRV tokens, valued at approximately $108,000, barely scratches … Read more
Crypto stocks have surged as part of a broader recovery in the US stock market on April 9 following President Donald Trump’s 90-day pause on sweeping global tariffs. The Wednesday, April 9 trading day closed with Michael Saylor’s Strategy up 24.76% to $296.86, while crypto exchange Coinbase (COIN) closed up 17% to $177.09, according to … Read more