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In the past 24 hours, Smart Dex Traders have been accumulating significant amounts of $PEPE, purchasing a total of 235.85 billion tokens, worth approximately $2.22 million. This surge in buying activity has coincided with $PEPE breaking through a key resistance level, signaling potential for further upward momentum. 🚨Unusual buying of $PEPE by Smart Dex Traders … Read more
Recent on-chain data suggests that $NEIRO (Neiro Ethereum) is currently in an accumulation phase, with several prominent whales showing interest in the token. With a market cap still under $100 million, $NEIRO is attracting increasing attention, and its decentralization efforts may catch the eye of major exchanges like Binance. Over the past week, Whale 0x6ab … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Argentina rejects the UN’s Pact for the Future, President Nayib Bukele warns about the impending arrival of a dark age, and cryptocurrency imports reach record levels in Brazil. Argentina Rejects UN Pact for … Read more
Worldcoin has expanded its orb verifications to Guatemala, Poland, and Malaysia amidst a wave of concerns regarding the dangers of artificial intelligence and the difficulty of identifying bots and humans online. The organization also debuted a new tech called Face Auth, which allows apps to check if the previously registered person is the one using … Read more
It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8 million. Bitcoin Derivative Landscape Shifts … Read more
Tether, the world’s largest stablecoin issuer, reportedly played a crucial role in a joint operation led by Dutch and U.S. law enforcement agencies to dismantle two cryptocurrency exchanges suspected of money laundering. The operation resulted in the seizure of €7 million ($7.8M) in crypto and the freezing of illicit wallets. Tether Works With Law Enforcement … Read more
Machibigbrother (machibigbrother.eth), a prominent DeFi investor, recently withdrew 460,000 CREAM tokens worth $8.52 million USD after the end of a four-year staking period. This withdrawal comes as the token has experienced a significant decline from its peak during DeFi Summer in 2020. 麻吉大哥(machibigbrother.eth) 于 10 小时前取出了质押期满 4 年的 46 万枚 $CREAM ，价值 852 万美金 不看不知道，一看吓一跳：2020 … Read more
The initial buzz surrounding restaking protocols has cooled off, with Total Value Locked (TVL) stabilizing at $15 billion, down from its peak of $21 billion. Despite the dip, EigenLayer continues to dominate the market, holding over 80% of the total TVL. The initial restaking hype has settled, with TVL across restaking protocols stabilizing around $15B, … Read more
Dragonfly Capital recently made significant moves in the market, with two of its addresses depositing 62.62 million AEVO tokens (equivalent to $25.04 million USD) into FalconX. Reports suggest that this transaction clears out all of Dragonfly’s AEVO positions that were accumulated since May, leading to an estimated loss of $36.84 million. Between May 13 and … Read more
Over the past year, Algorand has experienced significant growth, with a sharp increase in wallet adoption. According to @intotheblock, the number of Algorand wallets with a balance rose from 18.88 million on September 24, 2023, to 21.48 million in 2024. This impressive growth of 2.6 million new wallets in just one year highlights the increasing … Read more