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Stablecoins continue to drive impressive growth in the crypto sector, with TRON solidifying its position as the leading blockchain for stablecoin transactions. November 2024 marked a historic milestone, as USDT transfer volume on TRON surged to an all-time high of $587.2 billion for the month. This milestone represents a substantial leap from previous months. In … Read more
Aave has reached a historic milestone, achieving $38 billion in net deposits. By total deposit value, this positions Aave as large as the 62nd biggest bank in the United States, underscoring its growing significance in the decentralized finance (DeFi) space. By deposit value, this makes @AAVE as large as the 62nd bank in the United … Read more
The Aptos blockchain is making waves in 2024, with its on-chain activity surging by an impressive 10x this year. A major driver of this growth has been the swift adoption of its native USDT stablecoin. In just over a month since USDT’s launch on Aptos, its supply has skyrocketed to $140 million, showcasing rapid adoption … Read more
Nigeria’s anti-corruption agency arrested 792 suspected to be involved in a crypto romance scam scheme based out of the country’s largest city. Go to Source
World Liberty Financial’s latest purchase was for $250,000 worth of ONDO, a token for a decentralized exchange. Go to Source
Rep. French Hill’s election as House Financial Services Committee Chair signals a bullish outlook for crypto investors, with promises of regulatory clarity and innovation-friendly policies ahead. Digital Assets and Fintech Face a Turning Point With Committee’s New Chair Congressman French Hill (R-AR) has been elected as the next Chairman of the House Financial Services Committee, … Read more
The $50 million hack sent shockwaves across the defi community with funds authorized to different projects completely drained. $50 Million Hack a Stark Warning for the Defi Industry The complexity and precision of a recent attack on Radiant Capital, a decentralized cross-chain lending protocol built on Layerzero has exposed another layer of vulnerability, even in … Read more
A prominent whale investor, leveraging revolving loans, recently expanded their long position on AAVE by purchasing 11,605 tokens at $258 each, funded by an additional 3 million USDT borrowed nine hours ago. This move brings their total borrowed amount since October to $8.83 million, used to acquire 87,454 AAVE at an average price of $166. … Read more
Despite the controversial launch and ongoing price decline, $CULT (@MiladyCult) is still attracting attention from several sharp traders who believe in its potential. One notable trader, “0x572,” made a significant move just six hours ago, investing 207 ETH (worth about $754K) to acquire 127.89 million $CULT tokens. This move comes after a string of profitable … Read more
Today, $TAI reached a new all-time high of $0.43, with its 24-hour trading volume soaring to $101 million—marking an impressive 200% increase in just one day. https://twitter.com/wiseadvicesumit/status/1866494093087400347?t=6Yj7F7ZHHBUXmaRp_tpakA&s=19 A significant boost came from the announcement that @TarsProtocol is now listed on Bitvavo, Europe’s leading cryptocurrency exchange and the largest EUR spot market, holding a 50% market … Read more