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According to intoTheBlock, high-risk loan volumes on the Aave protocol are approaching critical levels as DeFi loan volumes soar to multi-year highs. Investors are aggressively seeking to maximize profits ahead of a predicted crypto bull run, driving significant activity in the DeFi lending space. The latest data reveals that outstanding DeFi loans have surged to … Read more
Recent transactions by prominent crypto whales and fresh wallets have drawn attention to several tokens, including UNI, BLZ, PEPE, and TRB. This activity has led to notable price movements, especially for UNI and BLZ, which saw significant gains. One of the key transactions involved the address 0x3492, which withdrew 870,827 UNI, valued at approximately $8.5 … Read more
The privacy coin monero (XMR) has experienced a 7.7% increase in the last 24 hours and a 16.5% rise over the past week. Monero Trading Volume Doubles in 24 Hours After a prolonged decline and hitting a significant low in mid-April, monero (XMR) has recovered in value. For instance, on April 13, XMR was trading … Read more
Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholders to prevent unwanted takeovers. Riot Platforms Inc., which owns 11.62% of Bitfarms, made an unsolicited bid to acquire all shares and plans … Read more
The video, which had the caption, “Something is cooking in the Normie Labs,” was deemed distasteful. Go to Source
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi lending platform Uwu Lend is believed to have … Read more
At press time on Monday, the global cryptocurrency market is valued at $2.53 trillion, reflecting a 0.89% decline over the last day. In the past week, six tokens have experienced double-digit gains, with the meme coin brett (BRETT) increasing by 65.8%. Meme Coin BRETT Leads Weekly Gains Amidst $2.53T Crypto Market Decline Over the past … Read more
Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining companies is part of the government’s strategy, which seeks to rebuild its industry in three years as part of … Read more
Russian Ambassador to China Igor Morgulov disclosed that approximately 30 countries are interested in joining the BRICS economic bloc in an opinion piece published by the South China Morning Post last week. BRICS welcomed five new members in January: Egypt, Iran, the United Arab Emirates (UAE), Saudi Arabia, and Ethiopia. Last week, Russian Presidential Spokesman … Read more
Corbin Keegan, a U.S. national who self-proclaimed himself as the first citizen of Bitcoin City, has temporarily left El Salvador after waiting over two years for the state to build the settlement. President Nayib Bukele first announced this infrastructure proposal for Bitcoin City in November 2021. He also explained that the settlement would be constructed … Read more