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Chun Wang, a principal player in the cryptocurrency mining and staking industry, and a co-founder of major blockchain infrastructure companies F2Pool and Stakefish, has further cut his position in Lido DAO (LDO). Wang sold 500,000 LDO tokens for 807,412 USDT at an average price of $1.615. This recent sale is part of a larger ongoing … Read more
FTX and its affiliate Alameda Research have done it again: another monthly redemption and transfer of a sizeable chunk of Solana (SOL) tokens. In the most recent episode, they redeemed 184,162 SOL—worth approximately $37.73 million—from FTX’s pledged assets. They then sent it out across 23 different addresses.These redemptions are part of a series of regular … Read more
A DeFi project named WLFI, backed by the Trump family, has undertaken some aggressive moves in the cryptocurrency space. In what can only be described as a strange twist in the world of politically motivated cryptocurrency projects, WLFI is making waves in the crypto space by spending the equivalent of $308.7 million buying up a … Read more
The $LAYER token airdrop project, which is associated with Binance’s HODLer initiative, has potentially been linked to the market-making firm Wintermute. If true, this would obviously be a very big story for both the Solayer team behind the $LAYER token and for Wintermute. But for the rest of us, it raises two very big questions. … Read more
To restore transparency to its fund recovery process, WazirX, one of the top cryptocurrency exchanges in India, has let the public know how many people it owes money to, and how much it owes them. The company published this information in a blog post on its website. The figures were accurate as of July 18, … Read more
The world of cryptocurrency moves fast, and it isn’t uncommon for tokens to make sharp upward moves followed by just-as-sharp downward corrections. However, the recent ascent of $Jailstool—a meme coin launched by Barstool Sports founder David Portnoy—has some folks worried and others amused. The question on everyone’s mind, really, is whether $Jailstool can keep up … Read more
Current statistics from @intotheblock have illustrated a dire situation for $ARB holders, showing that virtually none of them are in the green, with their accounts showing nearly 100% in losses, and profit taken with 0% of the positions that investors currently hold. This is an accurate snapshot of the significant downturn that the desperately sought-after … Read more
For quite some time, Ethereum (ETH) has held the position of being the second-largest cryptocurrency by market capitalization. It frequently plays the role of being in second place, following Bitcoin. In the last several years, Bitcoin has clearly been the leader, outperforming Ethereum. This has caused many in the crypto community to ponder: Is this … Read more
A recent event that drew the eyes of the crypto community was the burning of 13.69% of the total supply of $PENGU tokens. The move saw 12,164,667,616 tokens removed from the circulating supply. Remember, token burns are pretty common in the crypto world. They’re often seen as bullish events, where tokens are literally destroyed to … Read more
The cryptocurrency community is all enthusiastic in light of the prospects of the payment of funds to creditors of the failed FTX exchange. This development has brought renewed attention to the FTX Token ($FTT), with talks centering on what this upcoming payment might mean for the crypto market. The repayment, set to begin on February … Read more
